The court set the date after lawyers for both the applicants and defendants, argued their case on why the court should put the process on hold or otherwise.

[contextly_sidebar id=”AK9BrNQV7d5UXQt9wZlJ8RD9TqES0va0″]Over 1000 workers of ECG, led by the Public Utilities Workers Union (PUWU), have sued the government over moves to hand over the operations of the company to a concessionaire without any redundancy package for them.

Concerns with the ongoing process were raised by lawyers for PUWU at the last court hearing on October 13.

PUWU had started agitations in this regard in September, expressing fears that their members will lose their jobs following the Power Compact signed with the United States of America under the Millennium Challenge Corporation (MCC) Power Compact II programme.

They contended that, discussions that went into negotiations for the sale of ECG, did not factor the declaration of redundancy, despite the content of Section 65 of the Labour Act.

This section of the Labour Act indicates that, where “an arrangement or amalgamation causes severance of the legal relationship of a worker and employer as it existed immediately before the close down, arrangement or amalgamation; and as a result of and in addition to the severance that worker becomes unemployed or suffers any diminution in the terms and conditions of employment, the worker is entitled to be paid by the undertaking at which that worker was immediately employed prior to the close down, arrangement or amalgamation, compensation, in this section referred to as redundancy pay.”

In their suit, the workers are also seeking a perpetual injunction to restrain the defendants, their assigns and privies from continuing with the Compact Agreement.

This compact was signed on August 5, 2014, for to reform the electricity distribution sector of Ghana by, among other issues, appointing a concessionaire to take over the distribution of electricity from ECG and related agreements.

The Ghana Power Compact will provide Ghana with a grant of US$498,200,000 to improve the performance of the power sector.

About US$350 million of the grant, is being invested in ECG to make the country’s power distributor operationally and financially efficient.

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By: Fred Djabanor/citifmonline.com/Ghana

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Kaspersky Lab said it had detected a computer server in January being used to co-ordinate an attack that appeared to have snatched more than 500,000 euros ($700,000; £400,000) over the course of a single week.

The firm said it believed most of the victims were based in Italy and Turkey.

It said that it had alerted the authorities to the problem.

However, it added, the criminals managed to delete any evidence that could have been used to trace them before they could be identified.

The firm declined to identify the bank involved.

Unidentified malware

Kaspersky has codenamed the campaign Luuuk, and said that it believed a Trojan program was used to intercept financial data and allow fraudulent transactions to be made as soon as each victim logged into their online bank account.

But it acknowledged there were still gaps in its knowledge.

“On the command-and-control server we detected there was no information as to which specific malware program was used in this campaign,” said Vicente Diaz, principal security researcher at Kaspersky Lab, in a statement.

“We believe the malware used in this campaign could be a Zeus flavour.”

Zeus is the name given to a type of Trojan malware first detected in 2007, which allows data to be stolen from computers running the Windows operating system. It has been linked to previous bank thefts that ran into the millions of pounds.

Kaspersky said that it thought the way Zeus was used in this attack involved inserting rogue information into the bank’s webpages when they were downloaded, allowing confidential data to be stolen.

It said that according to the computer logs it had obtained, the sums stolen from each account appeared to range from 1,700 euros to 39,000 euros.

While the detected computer server has now been shut down, the firm warned that it believed the thieves could strike again, adding that it planned to search for evidence of the Luuuk campaign continuing.

“This looks to be very significant – it’s not so much the absolute amount reported to be stolen, but the speed at which it was taken out,” Alan Woodward, an independent security consultant, told the BBC.

“The way you have to get this money into the real world involves sending it to real accounts and getting ‘money mules’ to take it out, so would require significant organisation.”

Source: BBC

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