Friday, March 30, 2007

Dell Inc., a global leader in computer hardware manufacturing and sales, announced yesterday that it will delay filing of its annual performance report, the Form 10-K, required for compliance with U.S. Securities and Exchange Commission (SEC) and Nasdaq listing rules.

In a press release, Dell explained that an audit committee of the company’s board of directors is carrying out an investigation into accounting and financial reporting issues. The company stated that it would delay filing of the 10-K since the investigation had not been completed.

The internal investigation has found evidence of accounting errors, misconduct, and deficiencies in areas of financial control.

The chairman of Dell’s audit committee, Thomas Luce III, indicated that the delay in filing would extend past the April 3, 2007 deadline as well as an April 18, 2007 extension date. “As we move toward the conclusion of our investigation, we are committing the time and resources required to ensure a thorough and comprehensive review and resolution of all identified issues and the implementation of appropriate remedial measures,” said Luce.

The investigation is to determine whether the restatement of any financial disclosures are warranted, based on the accounting errors identified. The probe will also assess whether there are deficiencies in Dell’s internal control over financial reporting.

Friday, July 22, 2005

Representative Tom Tancredo (R-CO) has clarified his earlier statement that “you could take out their holy sites,” in the event of a nuclear attack upon the U.S. by Islamic terrorists. Rep. Tancredo has refused to make any apologies, saying “When we bombed Hiroshima, when we bombed Dresden, we punished a lot of people who were not necessarily (guilty). Not every German was a member of the Nazi Party. You do things in war that are ugly.” However, Tancredo emphasized that he was speaking hypothetically and not necessarily suggesting policy.

The remarks, made in a July 15th radio interview, hosted by Pat Campbell of WFLA in Orlando, Florida, have drawn support from conservatives groups such as Northeast Intelligence Network and Free Republic, and have offended the American Muslim community.In the interview, Tancredo discussed his request for information from the Justice Department regarding the claim of evangelical Christian journalist Joseph Farah that al-Qaida has smuggled multiple nuclear weapons into the U.S.

Friday, July 22, 2005

The Peace Tax Seven, who are campaigning to have the 10 per cent of their taxes which go to Britain’s defence budget diverted to non-military uses, have had their case rejected by a High Court judge.

The judicial review was called for under article 9 of the European Convention on Human Rights which guarantees freedom ‘to manifest one’s religion or beliefs’ and which was made a part of British law in 1998. The Convention includes the right to conscientious objection and the campaigners claim that this gives them the right not to pay other people to go to war on their behalf.

Their statement to the court said: “We want to make a positive contribution to society by paying our tax in full. We object in conscience to paying others to kill on our behalf, but current tax policy forces us to do just that.”

The courtroom had to be enlarged to make room for supporters and the judge listened to the case for three hours.

Roy Prockter, an accountant and campaign member as well as a Quaker, said that the judge told them that “our case has no possibility of being resolved in the British courts”. According to the Guardian, the judge suggested they take the case to Strasbourg. Roy said that the members were going to take time for reflection as they awaited the written judgment from the judge.

Wednesday, September 26, 2007

Suzanne Fortin is running for the Family Coalition Party in the Ontario provincial election, in the Nepean-Carleton riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Tuesday, June 19, 2007

According to the Japanese Defense Ministry, North Korea has fired a short-range missile today into the Sea of Japan. Officials believed it to be part of a regular exercise.

“North Korea fired a short-range missile in what appeared to be part of a military drill,” a Japanese Defense Ministry official was quoted as saying by Yonhap News Agency.

A South Korean defense spokesman said such tests are routine.

“We don’t deny that North Korea fired a missile,” South Korean Army Colonel Ha Doo-chul, told Yonhap. “If it did, we regard it as a routine exercise.”

The test comes at the time when North Korea is inviting inspectors in to discuss its nuclear programs.

Sunday, October 29, 2006

Police are reporting that there has been a passenger jet crash near the Nigerian capital of Abuja. The ADC Airlines flight to Sokoto crashed shortly after take-off. More than 100 passengers were on board, many are feared dead.

An emergency spokesperson has stated that the plane burst into flames shortly afterwards, although eyewitnesses believe that there are some survivors from the crash. The task of recovering the dead is underway.

The BBC reports, that the crash was caused by a storm, contradict the area’s METAR, a standard form of aviation weather report, which indicated no major storm or bad weather in the area at the time of take-off. Winds were not severe and cloud cover was broken at 1200 feet, which would not impose a problem for passenger aircraft under normal operating conditions. However, multiple news agencies are reporting that a local radio station commented on bad weather at the time of the crash.

According to the airline’s web site, the flight that crashed was Flight 53, a Boeing 737, scheduled to take off from Abuja at 10:35 a.m. and land in Sokoto an hour later.

A local source said that the Sultan of Sokoto, Alhaji Mohammadu Maccido, may have been on board. Senior government officials, senators, politicians and the son of one of Nigeria’s former presidents were on board.

A Sokoto State government spokesman Mustapha Sheu said that the northern state’s deputy governor, education commissioner and another senator were killed, along with the sultan and his son.

Sultan Muhammadu Maccido, revered as a leader of the Muslims in Nigeria and Niger, will be widely mourned. He will be remembered as the peace maker between sporadically warring Muslims and Christians in Nigeria.

The local hospital reports that seven survivors have been admitted. One is in a critical condition.

After visiting the crash site, Federal Territory Minister Mallam Nasir el-Rufai told the BBC that the condition of the plane was “deplorable”, with “bald tyres”.

Tuesday, May 2, 2006

An Armavia Airbus 320 passenger plane flying from Armenia‘s capital, Yerevan, to the city of Sochi in southern Russia has crashed into the Black Sea. The jet was found 6 km from the coast and carried a total of 113 people. Among the passengers were 8 crew and 6 children. Controllers lost contact with the plane at 0215 local time (Tuesday 2215 UTC).

Rescuers have found the corpses of a woman and a girl and another 12 body parts at the site of Wednesday’s crash of Armenia’s Airbus A-320 plane off Russia’s Black Sea coast, a spokesman for the Russian Prosecutor General’s Office told Interfax. Other reports say that at least 25 bodies have been found.

There were 77 Armenian citizens, 26 Russian citizens, 1 Ukrainian and 1 Georgian citizen on board of the Armenian air liner, Armenian Civil Aviation Department head Artyom Movsisian told on a news conference.

“Most of the Russian citizens are of Armenian origin,” Movsisian said.

“Rescue efforts are being hampered by deteriorating weather conditions, heavy rain and rough seas,” a spokesman for the Russian Emergency Situations Ministry said.

“The fragments were found six km (3.7 miles) from the shore near the airport of Adler. The search operation continues,” said Beltsov. The location of the crash site has been ascertained by a numerous fragments and life vests, and a large oil slick.

“The only thing [we] know is that when the crew asked for permission to land, the air controller in Sochi responded that bad weather meant this was not yet possible,” Gayane Davtyan, head of Armenia’s civilian aviation authority said. “Contact with the crew was lost at 600 meters, when the plane went to circle for a second time.”

The cause of the tragedy remains unclear, but the investigators are pursuing two main versions: bad weather conditions and poor maintenance.

The Russian Prosecutor General’s Office believes terrorism can be ruled out as a factor in the A-320 plane crash near the Russian Black Sea resort of Sochi on Wednesday morning.

“We don’t have any information that could indicate a possible terrorist attack on board the plane,” Russian Deputy Prosecutor General Nikolai Shepel told Interfax on Wednesday.

An official from the regional department of the Emergency Situations Ministry in southern Russia said “apparently there were malfunctions on board, as the pilots were making another attempt to land at the Adler airport.”

“The plane was in an ideal technical condition, the crew was well qualified,” said the airline’s deputy commercial director, Andrei Aghajanov. The cause of the crash is under investigation.

In the area where the plane crashed, more rain is expected in the next hours and the water temperature is currently between 8 to 10 degrees celsius.

The Russian and Armenian presidents have announced on Wednesday that Friday, May 5th, would be a day of mourning in remembrance of the 113 people that died in the crash.

The worst crash involving an two-engine A-320, which was first built in 1984 and remains the most popular Airbus on the market, occurred in August 2000, when a Gulf Air plane crashed off Bahrain on a flight from Cairo, killing all 143 people on board. The Airbus A320 is a short-to-medium range commercial passenger aircraft and a total of 328 people have been killed in earlier A320 accidents.

About 20 boats and a Be-200 amphibious aircraft are involved in the recovery operation, emergency services said, adding that two more Be-200s would fly to the scene if necessary. A group of rescuers from the Russian emergency ministry is expected to fly to the crash site in the next few hours.

Saturday, December 13, 2008

Taiwan’s former President, Chen Shui-bian (???), has been conditionally released on bail, some ten hours after he was indicted for corruption. Speaking to media at the Taipei District Court, he said: “I want to thank my lawyers, members of the Democratic Progressive Party and my supporters who have given me huge encouragement. I am grateful to those who cared for, supported and looked after me so I could get through the hardest and loneliest 32 days of my life in prison.” He earns the historical distinction of being the first ex-president of the Republic of China to be indicted for criminal offenses and could suffer life imprisonment if convicted.

Along with 13 other family members and close associates, including his wheelchair-bound wife, son Chen Chih-Chung, and daughter-in-law Huang Jui-ching, Chen was indicted Friday on charges of embezzling government funds and laundering money or ill-gotten bribes. The panel of three judges ruled he should appear at future court hearings and must not leave the country nor change his address.

Prosecutor Lin Che-hui accused Chen of having “embezzled 104 million New Taiwan dollars ($3.12 million) from a special presidential fund, and received bribes of $11.73 million in connection with a government land procurement deal and a separate construction project; the damning piece of evidence was the presence of NT$740 million ($22.2 million) in cash stashed in a Taipei bank safety vault held by the Chens.” Yuanta Securities director Tu Li-ping said, “she hand delivered NT$200 million ($6 million) in cash to Wu at the presidential residence in 2006 on behalf of executives of an affiliated bank; the money was an incentive for Wu not to interfere with a merger the bank was pursuing.”

Chen insists on his innocence. Contradicting the 100-page indictment, he said that “the $21 million his wife wired to their son’s Swiss bank accounts came from leftover campaign donations. Taiwanese law permits such donations to be kept by political candidates.”

In 1975, Chen married Wu Shu-chen (???), the daughter of a physician. The couple has a daughter, Chen Hsing-yu (???), who is a dentist; and a son, Chen Chih-Chung (???), who, having received a law degree in Taiwan, studied at and graduated with a M.A. degree from the University of California in 2005.

In November 2006, Chen’s wife Wu Shu-chen and three other high ranking officials of the Presidential Office were indicted for corruption, charged with misappropriating NT$14.8 million (USD$450,000) of government funds using falsified documents. Due to the protection from the Constitution against prosecution of the sitting president, Chen could not be prosecuted until he left office, and he was not indicted, but was alleged to be an accomplice on his wife’s indictment.

Chen’s term as President of the Republic of China ended in May 2008. Immediately thereafter, prosecutors began investigating him regarding allegations that he misused his discretionary “state affairs fund”, as well as his connection to the first family’s money-laundering activities. He resigned from the Democratic Progressive Party on August 15, 2008, one day after admitting to falsifying past campaign expenses and wiring campaign contributions to overseas accounts.

In November 2008, Chen was escorted by a security staff, into the Taipei prosecutor’s office for questioning. After 6 hours, he left the Supreme Court prosecutor`s office in handcuffs, was arrested and detained. The charges each carry a minimum penalty of 5 years imprisonment. Following a 6 day hunger strike while in detention, Chen collapsed and was rushed to Taipei’s Far Eastern Memorial Hospital, where he was later transferred to Panchiao Hospital for force-feeding. Despite Chen’s lack of interest in appealing, his lawyer Cheng Wen-long completed a motion seeking his release from detention and filed a notice of appeal of the court’s decision, along with a petition for constitutional interpretation to restrain actions violative of the Constitution.

Prosecutor General, Chen Tsung-ming said that after Chen’s case had been removed to the Taipei Local Court, he would re-file a petition for Chen’s detention. Chen and the main opposition DPP have accused President Ma Ying-jeou‘s administration of “using the scandals to plan a political plot against the former leader.”

Meanwhile, The Straits Times reported that “prosecutors are to investigate former President of the Republic of China and Chairman of the Kuomintang from 1988 to 2000, Lee Teng-hui on suspicion of money laundering, based on allegations made by Chen during his own questioning recently that his predecessor transferred large funds abroad through dummy accounts.” Mr. Lee angrily denied the accusations concerning “a suspected transfer of 50 million Taiwan dollars (US$2.26 million) to Mr Lee from a local stock investor via overseas dummy accounts.” Charges also included transactions made at the end of Lee’s tenure and at the beginning of Chen’s term, including “one billion Taiwan dollars that had been wired to various countries including Singapore.”

The China Post calls for calm and urges fair trial for Chen. “All the people should wait patiently for the outcome of the trial … They shouldn’t do anything to influence the judges in any way, because the rule of law in Taiwan is at stake. We should show the world that Taiwan is a democracy where anybody who commits a crime, be he a man on the street or a former president, is duly punished.” it said.