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South African Bank Scandal Leader Sentenced To 15 years

TSHIFHIWA Matodzi, the key figure behind the $130 million VBS Mutual Bank scandal that rocked South Africa, has been sentenced to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pled guilty to 33 charges, including corruption, theft, fraud, money laundering, and racketeering. Although he received a combined sentence …

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President Obiang Frees ex-minister Who Called him a ‘demon’

Former Equatorial Guinea justice minister Ruben Maye Nsue Mangue, who had been imprisoned since August 2022 for criticising the country’s leader, has been released following a presidential amnesty. Mangue, also a pastor, was detained for calling President Teodoro Obiang Nguema Mbasogo a ‘demon’ and accusing him of sequestering the nation’s …

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Lithuania Buys Swedish Air Defence System

Lithuania bought RBS70 NG, a mobile short-range air defense system, from a Swedish company for 147 million euros (about 159 million U.S. dollars), Lithuania’s Ministry of National Defense said Monday. The ministry’s Defence Material Agency has signed final agreements with Sweden’s Saab Dynamics AB, and the delivery is scheduled for …

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ECOWAS Taps Senegal’s Faye to Mediate with Breakaway states

West Africa’s regional bloc, the Economic Community of West African States (ECOWAS), has tasked Senegal’s President Basirou Diomaye Faye with mediating talks with the three military junta-led states—Mali, Niger, and Burkina Faso—that withdrew from the group earlier this year. The move aims to restore stability in the region, which has been under …

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Titanic and Avatar Producer Jon Landau dies At 63

Jon Landau – the Oscar-winning producer of some of the world’s highest-grossing movies of all time, including Titanic and Avatar – has died, aged 63. Landau, who was the long-time producing partner of filmmaker James Cameron, reportedly died on Friday after living with cancer for more than a year. His …

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Gabriel Attal Resigns As French Prime Minister

FRENCH Prime Minister Gabriel Attal says he will hand his resignation to President Emmanuel Macron on Monday morning. Attal said this on Sunday, July 7, 2024, adding that he will carry out his functions as long as required. Attal made the comments after his party failed to win a majority …

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