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By Max DELANY BRUSSELS, Belgium, March 22, 2024 (AFP) – EU leaders on Thursday agreed to “take work forward” on a plan to use the profits from frozen Russian central bank assets to arm Ukraine, as Kyiv pleaded for more ammunition for its outgunned forces. More than two years into Moscow’s war against its neighbour, Kyiv’s troops are struggling to hold back the Russian army as Western deliveries of weapons have faltered. Meanwhile, Putin has […]
Comcast on Wednesday offered $65 billion for key film and television assets of Rupert Murdoch’s 21st Century Fox, topping an offer from Walt Disney Co. for a deal that could create a dominant media-entertainment power. The move by Comcast, which is the largest US cable provider and also owns the NBCUniversal media group, opens up a new round of competition for the prized assets being shed by the Murdoch family empire. The deal, if approved, […]
(Eagle News) — Former Philippine National Police Chief Alan Purisima on Friday pled not guilty to perjury charges filed against him over his alleged failure to disclose various possessions in his Statements of Assets, Liabilities and Net Worth. Purisima made the plea in the Sandiganbayan’s Second Division, where he was indicted for eight counts of perjury over his questioned SALNs for the years 2006 to 2009 and 2011 to 2014. In the charge sheet, the Ombudsman […]
(Eagle News) – The Department of Finance (DOF) said Thursday that the government was bidding out over P90 million worth of state-owned assets this month. According to Gerard Chan, chief privatization officer of the DOF’s Privatization Management Office (PMO), these assets amounting to P98.32 million cover lots in Luzon and Mindanao and a membership share at a golf and country club. Chan said included in the assets for sale are the two residential lots of […]
(Eagle News) — President Rodrigo Duterte on Monday accused Ombudsman Conchita Carpio Morales of illegally obtaining documents pertaining to his bank transaction history and called for her resignation. “Mag-resign muna si Carpio because she’s corrupt at humahawak ng ebidensiya na kinuha nila na walang permiso sa AMLC (Anti-Money Laundering Council), illegally obtained,” Duterte said during the inauguration of Bahay Pag-asa in Marawi City. He said the one behind this was a mistress of a colonel, […]
KIEV, Ukraine (AFP) — Ukraine on Friday launched a process to return some $1.5 billion in assets allegedly stolen from the budget by the deposed Russian-backed leader Viktor Yanukovych and his team. The National Security and Defense Council said the state savings bank had begun confiscating the old regime’s holdings in line with an earlier court ruling. Council chief Oleksandr Turchynov said the $1.5 billion (1.4 billion euros) would be returned to the state budget. Ukrainian […]
The Supreme Court stopped the garnishment of the assets of Napocor to pay for damages for its employees dismissed last 2003.
