A Bangladeshi student who used credit cards belonging to other people to purchase goods over the Internet was jailed for eight months in Singapore. Salman Ahsan, 17, spent 15,400 Singapore dollars (9,333 U.S.), according to The Straits Times. A court heard Ahsan noticed a posting of credit card details in a chatroom and took note

The Board of Directors of Lefkoniko have decided to forward the extensive reports prepared by independent auditors and the internal auditor of the company, which were leaked to Philelfteros to the police and the Securities & Exchange Commission for further investigating. Members of the Cooperative Credit Societies meanwhile believe that the scandal at Lefkoniko is

A Nicosia District Court has issued a temporary injunction order, freezing the assets of Lycourgos Kyprianou in Cyprus and abroad last Thursday. The injunction request was made by Joseph Lasala and Fred Zeidman who are representing the interests of 6.000 former shareholders of the US-based AremisSoft Corp., who accuse Kyprianou of falsifying the accounts and

The rise in the costs of construction eased in June 2005, as prices rose by just 3.5% compared with the same month of 2004. The construction materials input price index recorded 124.4, compared with 120.22 in June 2004. The June figure brought the total year-on-year increase in the first quarter to 5.3%, compared with 8.3%