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/ 24 February 2006

Enron CEO ‘didn’t want to be corrected’

A former Enron vice-president of investor relations testified that in the months before the company failed in late 2001, she witnessed behavior by top company executives that concerned her but did not think crimes were being committed. ”I observed events that I thought were wrong, so I did make a conclusion. I didn’t make a conclusion that it was legal or illegal,” Paula Rieker said under cross-examination.

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/ 24 February 2006

At least 51 dead in Bangladesh factory fire

At least 51 people were killed and more than 100 injured when a fire swept through a textile factory in the Bangladeshi city of Chittagong, officials said on Friday. Up to 500 people were believed to be working in the factory when the fire broke out on Thursday, and several platoons of army troops took over the rescue operation after the firefighters struggled to contain the blaze.

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/ 24 February 2006

ACDP makes 11th-hour election bid

If the African Christian Democratic Party (ACDP) loses its eleventh hour bid to contest the city of Cape Town in next Wednesday’s election it will take out interdicts to prevent all other parties from contesting it too, the party’s lawyer told the Constitutional Court on Thursday.

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/ 24 February 2006

Matsushita’s new president to continue DVD battle

Matsushita Electric Industrial’s newly appointed president on Friday expressed confidence that the company and its partners would win the battle for dominance in next-generation DVD players. Fumio Otsubo, named on Thursday as head of the Japanese electronics giant behind the Panasonic brand, said he would uphold his predecessor’s policy of promoting the Blu-ray standard.

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/ 24 February 2006

Bafana Bafana: In brains we trust

South African football is likely to introduce a cricket-style selection committee to help with the choosing of players for the national team. This is one of the key recommendations in a report to be tabled when the South African Football Association national executive meets to map the way forward for the dysfunctional Bafana Bafana.

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/ 24 February 2006

SA gran guilty of smuggling cocaine in gnomes

A South African grandmother caught carrying more than 3kg of cocaine hidden inside garden gnomes was found guilty of drug smuggling on Friday after a week-long trial in the Auckland High Court. Linda Martin (52) had denied the charge, claiming she had been framed by a Nigerian drug ring that put the four drug-filled gnomes into a suitcase she was carrying.