Chelsea owner and Russian-Israeli billionaire Roman Abramovich should have his assets seized, an MP has told the government. Speaking in the House of Commons, Labour MP Chris Bryant said he had a leaked Home Office document which suggested Abramovich should not be allowed to be based in the UK. It …
Read More »Ghana may be selling its gold assets short
Ghana’s capital-raising wheeze is a smart idea flawed by dubious assumptions and numbers. The country is parcelling up royalties from its gold mines into a Jersey-incorporated company called Agyapa. The government will then sell half of this on the London stock exchange for a proposed $US500 million ($701 million). Rationally, …
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