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International Tribunal Rejects Democratic Republic of Congo’s (DRC) Attempt to Avoid Accountability on the Glencore Bribery Case

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The case, which stems from CLG’s mandate to assist the DRC in recovering losses due to Glencore’s corruption scandal, has gained international prominence

JOHANNESBURG, South Africa, December 19, 2024/APO Group/ — 

In a decisive ruling by the International Chamber of Commerce (ICC), the arbitral tribunal has dismissed the Democratic Republic of Congo’s (DRC) latest jurisdictional objections, marking a major procedural victory for Centurion Law Group (CLG) (www.CLGGlobal.com) in its ongoing arbitration against the DRC and its anti-corruption agency, Agence de Prévention et de Lutte contre la Corruption (APLC).

The case, which stems from CLG’s mandate to assist the DRC in recovering losses due to Glencore’s corruption scandal, has gained international prominence. Despite benefiting from CLG’s extensive efforts to hold Glencore accountable, the DRC and APLC failed to honor their payment obligations under the Engagement Letter signed in 2022. In a dramatic turn, the DRC attempted to distance itself from the arbitration, claiming it was not bound by the contractual agreement. This jurisdictional objection was a blatant attempt to evade responsibility while undermining CLG’s contributions to fighting corruption and ensuring justice for the Congolese people.

The arbitral tribunal’s Procedural Order No. 2 has now definitively rejected the DRC’s request for bifurcation, ruling that splitting the case into jurisdictional and merits phases would only delay proceedings and unnecessarily increase costs. The tribunal emphasized that justice would be best served through a single, efficient proceeding, allowing CLG to press its claims against both the DRC and APLC without obstruction​.

CLG’s Historic Role in DRC’s Anti-Corruption Efforts

CLG was initially engaged in 2022 under the aegis of the APLC to assist the DRC government in investigations surrounding Glencore’s corruption practices, a matter that resulted in historic settlements exceeding USD 1.5 billion globally. CLG’s expertise and steadfast advocacy were instrumental in positioning the DRC to pursue justice against one of the world’s largest mining corporations.

Yet, despite CLG’s pivotal contributions, the DRC reneged on its financial obligations, prompting CLG to initiate arbitration under the ICC framework. Today’s ruling confirms that the DRC cannot unilaterally erase its commitments under international law.

As the U.S. Attorney Damian Williams for the Southern District of New York stated, “The scope of this criminal bribery scheme is staggering. Glencore paid bribes to secure oil contracts. Glencore paid bribes to avoid government audits. Glencore bribed judges to make lawsuits disappear. At bottom, Glencore paid bribes to make money – hundreds of millions of dollars. And it did so with the approval, and even encouragement, of its top executives.” Glencore should pay for its crimes and not be rewarded at the expense of the people of the DRC.

The scope of this criminal bribery scheme is staggering

A Monumental Commitment to Justice

This monumental case is now being handled directly by CLG’s international team of arbitrators drawn from its offices across Africa. By committing its own highly skilled, multi-jurisdictional legal team, CLG underscores the generational importance it attributes to this matter and its ardent belief in achieving justice.

We, however, recognize that this ruling is a powerful statement: governments cannot use procedural tactics to avoid their obligations. The decision is not just a vital piece of what we hope could be a resounding victory for us but a validation of our unwavering fight for accountability, fairness, and justice. This case is not simply about compensation, it is about upholding the rule of law and setting a precedent that no entity, no matter how powerful, is above honoring its commitments.

CLG’s decision to centralize its elite African legal team on this matter speaks volumes about its unwavering focus and belief in the cause. With CLG’s resources and resolve, this ruling positions the firm on a path toward securing a significant and long-overdue outcome.

Global Interest and Implications

The case is not only a milestone for CLG but also serves as a watershed moment for global anti-corruption efforts. It highlights the critical role legal professionals play in holding powerful entities accountable while demonstrating that procedural tactics cannot derail justice.

As the case proceeds to the merits phase, CLG remains committed to achieving a resolution that upholds fairness, accountability, and the rule of law.

Distributed by APO Group on behalf of CLG.

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Wentors Launches Wentors 2.0 to Advance Women in Technology Globally

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Wentors

Program to empower women through mentorship, AI skill development, and workforce innovation

It’s about breaking barriers, unlocking potential, and showing every woman that she has what it takes to thrive

LONDON, United Kingdom, January 9, 2025/APO Group/ — 

Wentors, a leading organization dedicated to advancing women in technology, is proud to announce the launch of Wentors 2.0 – a transformative platform offering highly personalized mentorship, exclusive networking opportunities, and workforce development programs for women. Applications are now open year-round, with participants encouraged to apply by January 18, 2025 to take advantage of available scholarship opportunities. Wentors 2.0 aims to strengthen the global tech ecosystem by equipping women with the tools, guidance, and resources they need to excel.

The gender gap in technology continues to be a significant challenge, magnified by the rapid advancements in AI. Since its inception, Wentors has been dedicated to bridging this divide, impacting over 10,000 women and delivering more than 100,000 hours of mentorship to over 3,000 mentees. Now, as AI reshapes industries worldwide, Wentors 2.0 is stepping up with renewed focus and urgency to empower women to thrive in the evolving tech workforce and lead the way in closing the gap.

“With Wentors 2.0, we’re creating a world where women in tech feel seen, supported, and unstoppable,” said EduAbasi Chukwunweike, Founder of Wentors. “It’s about breaking barriers, unlocking potential, and showing every woman that she has what it takes to thrive. This is a movement you should watch out for, the future of women in technology starts here.”

Tailored for Every Career Stage

Wentors 2.0 offers two membership tiers designed to support participants at different stages of their careers:

Foundational Program: For beginners or aspiring tech professionals, and women transitioning into tech –  

  • Monthly power sessions with senior tech leaders
  • Skill mastery through curated learning paths
  • LinkedIn profile optimization for professional visibility
  • Access to the Tech Innovators Network, fostering a supportive community

Pro Membership: For experienced professionals –

  • One-on-one mentorship with top industry professionals
  • Access to industry-recognized certifications
  • Advanced workshops on personal branding and networking strategies
  • Invitations to exclusive networking opportunities and events

Expanding Accessibility

Speaking at the program’s launch, Flapmax, a key AI development partner, emphasized its commitment to the initiative. “Skill mastery, certifications, and advanced bootcamps all offered by Wentors are the building blocks of thriving tech careers, and Wentors 2.0 delivers these in spades. We believe in this mission, which is why we are proud to offer scholarship opportunities to ensure greater accessibility for women everywhere.”

Inclusivity is at the core of Wentors 2.0, welcoming women from diverse backgrounds and varying levels of experience. The program pairs participants with mentors who align with their goals and career aspirations, delivering tailored learning experiences that boost confidence, nurture growth, and advance careers.

Applications Now Open

Applications for Wentors 2.0 are now open year-round, with participants encouraged to apply by January 18, 2025 to take advantage of available scholarships. While the program operates on a rolling basis, participants will join structured cohorts designed to maximize collaboration and learning opportunities.

To apply and for more information, visit https://premium.wentors.com

Distributed by APO Group on behalf of Flapmax.

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SUNRATE Expands Beyond Global Payments in 2025 by Introducing New Treasury Solutions

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SUNRATE
Newly Launched “Trading and Hedging” Solutions to Empower Businesses with FX Trading, Hedging Strategies and Products
SINGAPORE – Media OutReach Newswire – 9 January 2025 – SUNRATE, the global payment and treasury management platform, kickstarts the new year by introducing new treasury solutions – “trading and hedging” for businesses worldwide. These solutions are launched through Sunrate Markets Pte. Ltd., which holds a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
 
Mr. Joshua Bao, co-founder of SUNRATE, said, “Being awarded the CMS license by MAS was an important milestone, but it was even more critical for us to go-to-market (GTM) with products and services that deliver significant value to our customers. With our vast experience in global payments and foreign exchange (FX) and the numerous product iterations based on customer feedback, we are confident that our customers will be able to leverage unparalleled global presence, accessing all their trading and hedging needs in one place.”In addition to the CMS license, SUNRATE is one of the few companies in Singapore that also holds a MAS license as a Major Payment Institution (MPI) for Account Issuance Service, Domestic Money Transfer Service, Cross-border Money Transfer Service, Merchant Acquisition Service, and E-money Issuance Service. Its dual-license status attests to its strong compliance and governance framework, credentials, and competencies, as well as know-how, while enhancing its capabilities in the area of global B2B payments and treasury management.Mr. Yumi Zhang, Head of Global Markets at SUNRATE, said, “With geopolitical risks set to affect the world economy and global businesses more than ever, it is imperative that we work even closer with our customers to apply various strategies to hedge and protect against any market volatility, especially in emerging markets. In addition to the fast, secure, and cost-effective global B2B payment products and services that we offer, businesses, particularly those engaged in B2B trade, will appreciate the insights and stability that we can bring to them with our new offerings.”

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Hong Kong’s Innovations Radiating Impact at CES 2025

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Largest-ever delegation of homegrown tech companies capturing global attention and potential business opportunities
HONG KONG SAR – Media OutReach Newswire – 8 January 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) marked significant presence at the Consumer Electronics Show (CES) 2025 in Las Vegas, where a largest-ever delegation of 51 tech companies and institute at Hong Kong Tech Pavilions is capturing the attention of industry leaders, corporate partners and venture capitalists from global markets for business leads and investment opportunities. 

 Organized in collaboration with the Hong Kong Trade Development Council (HKTDC) and supported by the Hong Kong Electronics Industries Association (HKEIA), the delegation, brought together an array of cutting-edge solutions across advanced electronics, green tech, life & health sciences, and more. Home-grown solutions from HKSTP including smart irrigation system Rocket 2.0 by Full Nature Farms, assistive wearable Seekr by Vidi Labs, and World’s smallest 3-axis Micro Gimbal Stabiliser by Vista InnoTech, together with Mobile Ankle-foot Exoneuromusculoskeleton, a telerehabilitation device by The Hong Kong Polytechnic University and Thecon Technology, have been recognised by the CES Innovation Awards 2025.Albert Wong, CEO of HKSTP, remarked on the overwhelming success, “As an incubator, our ultimate goal lies in advancing the life of humankind. Be it breakthroughs to showcase at premier exhibitions like CES, or bridging between tech and talent with initiatives as Innovation Mixer does, HKSTP has been expanding our global footprint with great momentum in maximising salient achievements and potential opportunities over the years, that promises collaboration and confidence in carrying out our commitment to cultivate the I&T scene.”Part of its broader strategy to enable Hong Kong tech companies to scale globally and endow sustainable impact, HKSTP will be building on the momentum from CES, and continue the Innovation Mixer US expedition in San Francisco to actively engage with ambitious talent; and also in paving way for the second cohort of the Global Booster Programme, catered for stellar tech companies from Hong Kong to embark on an intensive six-month journey in the Silicon Valley to connect with all sorts of resources for technological advancements.About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,000 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.More information about HKSTP is available at www.hkstp.org.

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