FORMER BANK OF CHINA CHAIRMAN SENTENCED TO DEATH ON CORRUPTION CHARGES. (PHOTO).

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 Former Bank of China chairman sentenced to death on corruption charges Liu Liange, former Party chief and chairman of Bank of China, was sentenced to death with a two-year reprieve in a first-instance trial on Tuesday for accepting large sums in bribes. The sentence was delivered by the Jinan Intermediate People's Court in East China's Shandong Province, according to China Central Television (CCTV). During his tenure from 2010 to 2023, Liu took bribes of 121 million yuan ($16.7 million) to assist with loans, projects, and personnel arrangements. He approved illegal loans amounting to 3.32 billion yuan from 2017 to 2020, causing losses of over 190.7 million yuan. Liu was sentenced to death with a two-year reprieve, stripped of his political rights for life and had all personal assets seized. He also received a 10-year prison term and a 150,000 yuan fine for illegal loan issuance. His illicit gains and their proceeds will be seized and handed over to the state treasury, accordin
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ANAMBRA COMMENCES NEW MINIMUM WAGE PAYMENT IN OCTOBER - MEFOR.(PHOTO).#PRESS RELEASE

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 Anambra Commences New Minimum Wage Payment in October - Mefor 


By Uzo Ugwunze 


Anambra State Commissioner for Information, Dr. Law Mefor has described Governor Chukwuma Soludo as labour friendly for being among the first set of governors to implement payment of the New Minimum wage since October 2024.


According to a press release made available to newsmen Wednesday by the State Spokesperson, "the attention of the Anambra State Government has been drawn to some media reports that have excluded Anambra State from the states in Nigeria that have paid the new minimum wage of N70,000. Some media outlets merely managed to capture Anambra State only among the states whose governors have indicated interest in paying the new minimum wage.


"To put the record straight, the promise by the Governor of Anambra State, Professor Charles Chukwuma Soludo to pay the new minimum wage was made good since the month of October, when the new minimum wage payment commenced in Anambra State with the payment of October salaries.


"To add to it, the state has also adjusted pensions upward to give pensioners in Anambra State higher take-home. Professor Chukwuma Soludo remains a labour-friendly governor as the workers in Anambra State have not only received the new minimum wage but also continue to receive salary alerts on or before the 25th of every month."


* Ugwunze is of the Ministry of Information, Anambra State *

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