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UK Court Concludes Hearing in $11bn P&D Case

The eight-week trial at a court in the United Kingdom where Nigeria requested the dismissal of the massive arbitration award in favour of hedge fund-backed Process & Industrial Development Ltd, has come to an end. According to Bloomberg on Friday, allegations of six-figure…

Ex-Jehovah’s Witness Shoots Six Members Dead In Germany

A disgruntled former Jehovah’s Witness member shot dead six people of the Christian group’s congregation in the German city of Hamburg, before turning the gun on himself, authorities said Friday. Eight other people were wounded, including four seriously, in Thursday evening’s attack, said…

US Closes Silicon Valley Bank

US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America’s biggest banking failure since the 2008 financial crisis. US authorities swooped in and seized…

Tiger Woods’ Ex Girlfriend Sues to Cancel NDA

A lawsuit filed by an ex-girlfriend of golf superstar Tiger Woods asks a judge in Florida to cancel a non-disclosure agreement (NDA) she signed with him. Lawyers for Erica Herman, who began dating Mr Woods in 2017, cite a new law limiting the…

Pele’s Widow to Inherit 30% of His assets – Lawyer

Widow of the late football legend Pele will inherit 30 per cent of his assets, according to his Will, which also mentions a woman who could be Pele’s unrecognised daughter, the widow’s lawyer told AFP on Tuesday. The Will states that Marcia Cibele…
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