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24 Hours Across Africa

Elizabeth Warren, targets prospective plan to stop ‘looting’ of U.S. companies

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U.S. Democratic presidential hopeful Elizabeth Warren on Thursday called for an overhaul of the private-equity industry as part of a new proposal targeting Wall Street.

“We need to shut down the Wall Street giveaways and rein in the financial industry so it stops sucking money out of the rest of the economy,” Warren said in a post on Medium.com announcing her proposal.

Warren and a group of Democrats also filed legislation on Thursday to implement the policy that the Massachusetts senator proposed through her campaign.

Warren, a relentless critic of the financial industry for much of her career, is one of more than two dozen candidates vying for the Democratic nomination to challenge Republican President Donald Trump in the November 2020 election.

She has distinguished herself in the crowded field by releasing reams of policy proposals.

The legislation, titled the Stop Wall Street Looting Act was filed in both the U.S. House of Representatives and Senate.

Senator Kirsten Gillibrand, who also is running for president, is a co-sponsor with Warren but no Republicans joined in sponsoring the bill.

The proposal was greeted with opposition from industry and business groups, who would undoubtedly fight efforts to enact the legislation.

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24 Hours Across Africa

Samson Siasia ban for life by Fifa

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Former Nigeria coach Samson Siasia has been banned for life and fined $50,000 by Fifa for agreeing to ‘the manipulation of matches.’

Siasia was coach of Nigeria between 2010-2011 and for a spell in 2016 but the time period when Fifa believes he committed his infractions is unclear.

He has also served as coach of the country’s Under-20 and Under-23 sides.

In a statement, Siasia was found ‘guilty of having accepted that he would receive bribes in relation to the manipulation of matches.’

The sanction stems from an ongoing ‘large-scale investigation’ Fifa is conducting into the behaviour of Wilson Raj Perumal, a convicted match-fixer from Singapore.

He is the third African to be banned by Fifa for his links to Perumal after former Sierra Leone FA official Abu Bakarr Kabba and former Botswana FA official Mooketsi Kgotlele were suspended in July for five years and for life respectively.

A former international, Siasia won the 1994 Africa Cup of Nations with Nigeria, for whom he played over 50 times while scoring 16 goals.

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24 Hours Across Africa

Liverpool sweat over Adrian fitness

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Liverpool first choice keeper Allison Becker missed the UEFA Super cup final against Chelsea Fc due to calf injury.

Jurgen Klopp has stated they could play their second Permier League game against Southampton on Saturday without Adrian after a collision with a pitch invader.

Manager Jurgen Klopp says the Spaniard was injured during post-match celebrations following Liverpool’s win over Chelsea in the Super Cup on Wednesday.

“A supporter jumped over something, was chased by some security guys, slipped and kicked his ankle. Crazy,” Klopp said after Adrian saved Tammy Abraham’s penalty in the shootout win.”

He added: “Apart from that it was a brilliant night for him.”

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Adrian was injured by a fan shortly after his team-mates congratulated him for the decisive penalty save during the Super Cup shootout

The incident happened as the Liverpool players were huddled together celebrating the match-winning save.

A supporter, attempting to join the group, ran towards them, slipping as he was grabbed by a steward, and collided with several players.

Klopp said: “There’s no doubt about how much we love our fans, there’s no doubt about that at all, but if they all could stop doing that – that’s the worst example we have so far heard about.

“We played against Manchester City and someone ran on the pitch then.

“At Norwich, there was someone as well.

“I don’t know what you can do about it in the stadium but that means there is a lot of responsibility for the supporters as well. If the one person cannot hesitate or stop himself, then the people around should do it because it’s not funny. It’s crazy. You think ‘wow, how can something like this happen?'”

Liverpool’s third-choice keeper Andy Lonergan, 35, who was an unused substitute for the game in Istanbul which finished 2-2 after extra time, could deputise for Adrian if the 32-year-old is ruled out.

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