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Showing posts from April 15, 2022

Germany seizes world's largest yacht owned by Russian oligarch

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Germany has officially confiscated the world's largest superyacht owned by Russian oligarch Alisher Usmanov, as part of sanctions against Moscow following the outbreak of war in Ukraine.   The 156-metre (1,680-feet) long "Dilbar" has an estimated value of $600 million ((555 million euros) according to Forbes magazine.     Since last October the boat has been docked for repairs in a Hamburg shipyard, rfi reported. German customs had been planning to seize the superyacht for several weeks, but could not due to a legal imbroglio over its ownership. Eventually, the German Federal Judicial Police indicated that they had succeeded "after lengthy investigations, and in spite of concealment via offshore companies, in identifying the owner of the M/S Dilbar and it is Gulbakhor Ismailova, the sister of Alisher Usmanov". "The luxury yacht is now under the sanctions regime and so could be confiscated in Hamburg," police added on Twitter. The Russian...

75 years man sentenced to life imprisonment for defiling his neighbour's 6-year-old daughter

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  A man who defiled his neighbour’s 6-year- old daughter has been sentenced to life imprisonment in Kenya.  Wilson Motunde Enima, 75, was handed the penalty by senior principal magistrate Esther Bhoke at the Kibera law court in Nairobi after he was convicted for the offence on Thursday, April 14.  Enima defiled the minor inside his house as her mother washed clothes outside on May 2017, in Lindi, Kibera.  The child had gone to play inside Enima’s house shortly after arriving home from school. She stayed at the house for about 30 minutes. Her mother got concerned and peeped into Enima’s house and where she saw him standing beside the child. The girl then came out of the house. The minor at first denied anything had happened to her when her mother enquired about what she was doing with Enima in the house.  The victim’s mother went with her to her mother-in-law and reported what had happened and asked her to check whether the minor was okay. The mot...

Elon Musk is no longer Twitter's largest shareholder

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World's richest man, Elon Musk has been displaced as the largest shareholder in Twitter by Vanguard Group, an asset manager.    On Thursday April 14, Vanguard Group increased its stake of 8.4 percent (67.2 million shares) in Twitter to 10.3 percent (82.4 million shares), according to documents sent to the U.S. Securities and Exchange Commission (SEC) on April 8.   This is higher than the 9.1 percent (73.1 million shares) stake Musk bought on March 14, with Vanguard Group’s total investment value worth $3.71 billion, against Musk’s $3.29 billion, when their stake is pegged to Twitter’s market share value.   The investment has set the stage for an ownership battle between the institutional investor and individual investor, considering Musk had launched a bid to buy Twitter. Musk is still the largest individual shareholder, and Twitter co-founder Jack Dorsey is the second largest, but he said on Thursday that he is "not sure" whether hi...

Burnley sack manager Sean Dyche after 10 years in charge

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Burnley have sacked manager Sean Dyche after 10 years at Turf Moor. Dyche leaves the Clarets with the club down in 18th place in the Premier League table, four points behind Everton with both having eight matches left to play. He joined in October 2012 following a year in charge of Watford and earned two promotions to the Premier League, where Burnley have been a staple presence since 2016. The Clarets lost 2-0 at Norwich on Sunday in a damaging result for their survival hopes, with 17th placed Everton beating Manchester United a day earlier. Club captain Ben Mee has been named as part of the coaching staff that will take the team for Sunday's trip to West Ham.  The club said in a statement: "Burnley Football Club can confirm the club has parted company with manager Sean Dyche, assistant manager Ian Woan, first-team coach Steve Stone and goalkeeping coach Billy Mercer. "Dyche was the longest-serving manager in t...