Sunday, January 27, 2013

seenewstoday.com : Top News updates

Russia set to start posthumous trial of whistleblower Magnitsky
A woman holds a placard with a portrait of Sergei Magnitsky during an unauthorised rally in central MoscowMOSCOW (Reuters) – Russia prepared to put whistleblowing lawyer Sergei Magnitsky on trial more than three years after his death, with a preliminary h earing set for Monday in a move relatives and rights groups called politically motivated and a travesty of justice. Magnitsky's death in a Moscow jail has harmed Russia's image abroad and badly strained relations with the United States. His mother and her lawyer said they refused to participate. "I think it is inhuman to try a dead man," Magnitsky's mother Natalya told Reuters by telephone. …


Terra Firma to return 3 billion euros to investors: FT
LONDON (Reuters) – Private equity firm Terra Firma will return 3 billion euros to investors through disposals within the next 12 to 18 months, the Financial Times reported on its website on Sunday. Terra Firma, founded by Guy Hands, will also persevere with a 3 billion euro fund to buy green infrastructure assets, less than the 5 billion originally planned, after China Development Bank failed to commit to the fund, the FT said, citing unnamed people with knowledge of the matter. …


Thai takeover opens exit door for coveted F&N chairman Lee
File photo of then SingTel CEO Lee Hsien Yang in SydneySINGAPORE (Reuters) – Lee Hsien Yang, the brother of Singapore's prime minister and chairman of Fraser and Neave Ltd (F&N), will enter a new chapter in his corporate life – and could well leave F&N – as the group looks set to be taken over by Thailand's third-richest man. Lee, 55, the second son of Singapore's founding leader Lee Kuan Yew, oversaw a bidding war for F&N that led to Southeast Asia's biggest corporate takeover. The deal values the 130-year-old drinks and property conglomerate at around $11 billion and will reward shareholders handsomely. …


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