Tag: Defaulter

Newspaper loses appeal over tax defaulter article

The Court of Appeal (CoA) has rejected an appeal by Iconic Newspapers over an article in one of its publications in which a businessman was incorrectly named as a tax defaulter. In May last year, a High Court jury awarded William Bird €75,000 after it found the article in the Limerick Leader, published in June […]

Ethiopia Fails to Pay Coupon, Becoming Latest African Defaulter

(Bloomberg) — Ethiopia became Africa’s latest defaulter after it failed to make an interest payment following the end of a grace period on Monday. Most Read from Bloomberg The Horn of Africa nation had to pay a $33 million coupon on Dec. 11. The government didn’t want to make the payment because it “wants to […]