Karachi airport under terror siege, 5 dead

[email protected] (CD Network)
June 9, 2014

terror

Karachi, Jun 9: At least five persons, including four security personnel, were killed on Sunday night when heavily armed militants attacked the Jinnah International Airport's old terminal in Pakistan's financial capital Karachi.

Around five to eight men armed with explosives and ammunition dressed in airport security personnel uniforms entered the Fokker building at the old airport terminal, police sources said.

“Four personnel of the Airport Security Force (ASF) have been killed and one militant gunned down,” one police source told PTI.

Heavy contingents of paramilitary rangers and police have been called in and had surrounded the Fokker building where the attackers were holed up.

All flight operations at Jinnah Terminal have been suspended and all routes to the airport have been sealed.

“Heavy firing is going on near a building located just next to the Pakistan International Airlines head office,” one eye witness said.

The old airport area houses the PIA engineering and other departments and also offices of civil aviation and ASF.

Television footage showed a loud explosion inside the old airport terminal while heavy firing also continued to go on.

A source said the militants had also carried out hand grenade attack was on the Isphani Hanger.

The attackers are said to have forged fake ID cards of ASF and entered the area.

Staff is being rescued by the security personnel and moved to safer areas, reports said, adding that rescue teams are being allowed after being checked thoroughly.

The militants are said to have entered from the Fokker gate which is used by engineering staff to go to the runaway and hangers.

Scores of people have been injured in the attack.

Pakistan Army contingents were called in from the nearby Malir cantonment to tackle the situation as Prime Minister Nawaz Sharif directed authorities to end the attack as soon as possible.

“Four airport security personnel bodies and a injured man have been brought to the Jinnah hospital,” Dr Seemi Jamali told reporters at a state-owned hospital.

TV news channels said upto 10 heavily armed men dressed in ASF uniforms forced their way into the old terminal building from different points and caught the security personnel on duty unaware.

“The four ASF men were killed by the attackers in heavy firing while one of the terrorists has also been killed in the crossfire going on,” one police official said.

Flights at the Jinnah international airports had been diverted to Nawabshah and Quettto.

“Security high alert has also been sounded off at the other airports of the country,” he said.

A senior police official said the number of the attackers was not confirmed as yet but some of them had managed to enter the runaway from the old terminal building and had fired and thrown explosives at the aircrafts parked there.

“It appears they want to damage the aircrafts on the runaway,” he said.

The old airport terminal is surrounded from one side by the Gulistan—e—Jauhar area and sources said some of the attackers had also entered the runaway directly from the Pehalwan Goth residential area by cutting the fences while others came in from the Fokker gate.

The attack is reminiscent of the deadly attack carried out by some 15 militants of the Tehreek—e—Taliban in May, 2011 on the Mehran naval airbase here in which the attackers killed some 18 personnel and damaged aircraft before being killed in a counter attack.

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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
July 5,2020

Washington, Jul 5: US President Donald Trump on Saturday thanked Prime Minister Narendra Modi for his wishes on America's 244th Independence Day.

On Saturday, PM Modi tweeted: "I congratulate @POTUS @realDonaldTrump and the people of the USA on the 244th Independence Day of the USA. As the world's largest democracies, we cherish freedom and human enterprise that this day celebrates. @WhiteHouse"

While replying to PM Modi's wishes, Mr Trump tweeted: "Thank you my friend. America loves India!"

The US President also attended the July 4 American Independence Day celebrations in South Dakota.

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