Monday, November 19, 2012

seenewstoday.com : Top News updates

Australian investment banker who chained fake bomb to teenager sentenced to 13 1/2 years in jail
SYDNEY – An Australian investment banker who admitted chaining a fake bomb to a Sydney teenager as part of a bizarre extortion plot was sentenced to 13 years and six months in prison on Tuesday.


UPDATE 1-Liquidators appointed to Australian mining magnate's company
* Mulsanne Resources to be wound up over $29.6 mln debt * First time a Tinkler company has been liquidated * Court action exposes Tinkler’s finances to scrutiny (Updates with detail, comment from Tinkler Group, Blackwood) SYDNEY, Nov 20 (Reuters) – Liquidators have been appointed to a private company owned by struggling Australian mining magnate Nathan Tinkler over a A$28.4 million ($29.6 million) debt, exposing the coal baron to extensive scrutiny of his finances. …


China appoints new top official for scandal-ridden Chongqing
BEIJING (Reuters) – China has confirmed that rising star Sun Zhengcai has been appointed Communist Party boss for the scandal-ridden southwestern city of Chongqing, taking the old job of disgraced Bo Xilai in the country’s biggest metropolis. As head of the sprawling Chongqing, left reeling in the wake of a corruption and murder scandal involving Bo, Sun will have to deal with the legacy of Bo, the former high-flyer at the center of China’s biggest political scandal in decades. Sun’s appointment was announced in a brief statement carried by the official Xinhua news agency on Tuesday. …


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