KUNMING Sergio Aguero Manchester City Jersey , March 12 (Xinhua) -- A 29-year-old man was sentenced to life imprisonment for involvement in a funding scam in southwest China's Yunnan Province on Thursday.


The Intermediate People's Court of Hani-Yi Autonomous Prefecture of Honghe convicted Bai Zhanjiang of raising more than 470 million yuan (about 76 million U.S. dollars) from others by fraudulent means.


The court said Bai amassed the fortune by fabricating facts, deliberately hiding the truth and promising high returns as an incentive.


He began to collect money from 32 lenders in the name of expanding cross-border trade and real estate businesses between 2010 and 2012, the court said.


However, he used most of the funds to pay off high interest loans and buy houses and luxury sedans for himself and his family.


The court said he was unable to return more than 80 million yuan to lenders. Bai gave himself up to the police in December 2012.


All of his wealth was confiscated.


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Supporters of the opposition presidential candidate Raila Odinga celebrate after Supreme Court declared the Aug. 8 presidential election null and void, in Nairobi, Kenya, Sept. 1 Nicolas Otamendi Manchester City Jersey , 2017. Kenya's Supreme Court on Friday declared the Aug. 8 presidential election null and void and ordered a repeat of similar exercise within 60 days. Chief Justice and President of Supreme Court David Maraga said the election where the incumbent Uhuru Kenyatta was declared the winner had gross irregularities which affected the integrity of elections. (XinhuaLi Baishun)

by Chris Mgidu


NAIROBI, Sept. 4 (Xinhua) -- Kenya's electoral body on Monday set Oct. 17 for a repeat of presidential elections following the directive from the Supreme Court on Friday last week.


The Independent Electoral and Boundaries Commission (IEBC) chairman Wafula Chebukati said there shall be no fresh nominations in the envisaged fresh election which was ordered by the Supreme Court that annulled the presidential elections held on Aug. 8.


Chebukati said opposition leader Raila Odinga along with his running mate Kalonzo Musyoka and President Uhuru Kenyatta along with his running mate, William Ruto shall be the only candidates.


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