ZINTAN, Libya - Moammar Gadhafi's former heir apparent, Seif al- Islam Gadhafi, was captured by revolutionary fighters in the southern desert Saturday just over a month after his father was killed, setting off joyous celebrations across Libya and closing the door on the possibility that the fugitive son could stoke further insurrection. Seif al-Islam - who has undergone a transformation from a voice of reform in an eccentric and reviled regime to one of Interpol's most-wanted - now faces the prospect of trial before an international or Libyan court to answer for the alleged crimes of his late father's four-decade rule over the oil-rich North African nation.
TRIPOLI, Libya - Libyan leader Moammar Gadhafi's son and one- time heir apparent, who was reported arrested by rebels Sunday when they advanced on the capital Tripoli, is free. Seif al-Islam turned up early Tuesday morning at the Rixos hotel, where about 30 foreign journalists are staying in Tripoli under the close watch of regime-minders. He then took reporters in a convoy of black, armored SUVs on a drive through parts of the city under the regime's control.
PNC Financial Services Group Inc. said Tuesday that William S. Demchak, the bank's senior vice chairman, will supervise all of its businesses, adding asset management and retail banking to his responsibilities. This makes Demchak the clear heir apparent" to Chairman and Chief Executive Officer James E. Rohr, said Gerard Cassidy, a bank analyst at RBC Capital Markets in Portland, Maine.
ZINTAN, Libya - Moammar Gadhafi's former heir apparent Seif al- Islam was captured by revolutionary fighters in the southern desert Saturday just over a month after his father was killed, setting off joyous celebrations across Libya and closing the door on the possibility that the fugitive son could stoke further insurrection. Seif al-Islam - who has undergone a transformation from a voice of reform in an eccentric and reviled regime to one of Interpol's most-wanted - now faces the prospect of trial before an international or Libyan court to answer for the alleged crimes of his late father's four-decade rule over the oil-rich North African nation.
AP Seoul Bureau Chief Jean H. Lee and photographer Vincent Yu were among a small group of foreign journalists allowed into North Korea for events surrounding the 65th anniversary of the founding of the ruling Worker's Party and the anointment of Kim Jong Un as the nation's next leader. PYONGYANG, North Korea - Clapping, waving and even cracking a smile, the youngest son of North Korean leader Kim Jong Il joined his father Sunday at a massive military parade in his most public appearance since being unveiled as the nation's next leader.
AFTER 25 years at the helm, property magnate Tan Sri Mustapha Kamal Abu Bakar has set his sights on taking a back seat as patriarch of the EMKAY Group come 2011 - the time frame he expects to fully groom his heir apparent, Ahmad Khalif, to continue his family legacy. Ahmad Khalif or Akay as he is fondly known, is in the midst of completing a full cycle of managing a property outfit in Tujuan Gemilang Sdn Bhd, developer of the RM291 million PJ Trade Centre (PJTC) project in the Klang Valley's Damansara Perdana vicinity.
Ralph Izzo was named Monday as president and chief operating officer and became heir apparent as chief executive officer of Public Service Enterprise Group, the final steps in a rapid rise up the company's corporate ladder. For three years, Izzo has been president of Public Service Electric and Gas Co., New Jersey's largest utility with more than 2.2 million customers. PSE&G is one of Newark-based PSEG's three major business units.
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