MH370 cover-up alleged as 'black box' locator nears

April 4, 2014

MH370_black_box

Kuala Lumpur, Apr 4: Malaysian opposition leader Anwar Ibrahim accused the government of hiding information on Flight MH370, as a black-box detector was expected Friday in the search zone nearly a month after the plane vanished.

Anwar said he was "baffled" over the Malaysian military's failure to respond despite detecting the Malaysia Airlines Boeing 777 crossing back over the country's airspace following its mysterious detour.

"Unfortunately the manner in which this was handled after the first few days was clearly suspect," Anwar said in an interview with Britain's Daily Telegraph.

"One fact remains. Clearly information critical to our understanding is deemed missing. I believe the government knows more than us."

Malaysia's response to the crisis has been widely criticised, particularly by distraught relatives of the 153 Chinese people on the plane.

Australia, meanwhile, has assumed increasing responsibility over the physical search for the plane in the Indian Ocean.

Authorities coordinating the search said the Australian naval vessel Ocean Shield, carrying a US-supplied "black box" detector and underwater drone vehicle "for mapping the seafloor", was due to arrive in the area being scoured for wreckage as 14 planes continued the arduous search.

The plane went missing in the early hours of March 8 during a flight from Kuala Lumpur to Beijing with 239 people on board. Malaysia has said satellite data indicates it crashed in the Indian Ocean, far off western Australia.

But no debris indicating a crash site has been found despite an extensive search, as time runs out on the "black box" locator signal, which lasts only around 30 days.

Malaysia 'wasted time'

Malaysian authorities have said they are still stumped over what caused the plane to deviate from its course.

Malaysia's long-ruling government has a poor record on transparency, but Transport Minister Hishammuddin Hussein said this week it was "not hiding anything."

But Anwar, who recently had his acquittal on sodomy charges overturned in what he claims is a political smear by the government, said a "sophisticated" radar system that he authorised as finance minister in 1994 should have led to prompt military action.

Malaysia's armed forces said soon after the plane disappeared that its radar had picked up a unidentified object moving toward the Indian Ocean, but did not respond because it was not deemed hostile.

The decision has been criticised for losing valuable time in tracking the plane's movements. It took Malaysia one week to confirm the radar blip was MH370, and to subsequently reorient a huge search away from its initial focus in the South China Sea.

Anwar said Malaysia should have quickly notified other countries in the search to save them scouring "a place that they know cannot be the site of the plane".

A Malaysian government spokesman did not immediately respond to an AFP request for comment.

Fading hopes for determining MH370's fate are now focused on the Indian Ocean search, in what Australian Prime Minister Tony Abbott called "the most difficult in human history".

Malaysian Prime Minister Najib Razak toured the military base in Perth being used as a staging post and vowed "we will not rest" until the mystery is cracked.

"We want to find answers. We want to provide comfort to the families and we will not rest until answers are indeed found," Najib said, while admitting searchers faced a "gargantuan task."

Window closing on black box

Eight nations, many of whom do not normally work together, have rallied to look for clues in the Indian Ocean. They include Australia, Britain, China, Japan, New Zealand, Malaysia, South Korea and the United States.

Besides planes and vessels from the various nations, a British nuclear submarine with underwater search capabilities joined in Wednesday.

Despite the arrival of the black box detector, hopes of finding the box and its potentially revealing data are slim without a confirmed crash site.

Malaysian police chief Khalid Abu Bakar on Wednesday said all 227 passengers had been "cleared" of suspicion, as authorities probe a possible hijack or sabotage plot.

Police are still investigating the backgrounds of the plane's 12 crew, as well as ground staff and flight engineers, but Khalid indicated no progress had been made and added soberly that authorities may never know what happened.

Beijing has expressed its displeasure with Malaysia over the affair, and ties faced further strain over the kidnapping late Wednesday of a Chinese tourist from a Malaysian diving resort by unidentified gunmen.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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News Network
February 21,2020

New Delhi, Feb 21: Global terror financing watchdog FATF on Friday decided continuation of Pakistan in the "Grey List" and warned the country that stern action will be taken if it fails to check flow of money to terror groups like the LeT and the JeM, sources said.

The decision has been taken at the Financial Action Task Force's plenary in Paris.

The FATF decided to continue Pakistani in the "Grey List". The FATF also warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses, a source said.

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Agencies
June 22,2020

The total number of global COVID-19 cases was nearing 9 million, while the deaths have increased to over 467,000, according to the Johns Hopkins University.

By Monday morning, the total number of cases stood at 8,927,195, while the fatalities increased to 467,636, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

With 2,279,306 cases and 119,967 deaths, the US continues with the world's highest number of COVID-19 infections and fatalities, according to the CSSE.

Brazil comes in the second place with 1,083,341 infections and 50,591 deaths.

In terms of cases, Russia ranks third (583,879), and was followed by India (410,461), the UK (305,803), Peru (251,338), Spain (246,272), Chile (242,355), Italy (238,499), Iran (204,952), France (197,008), Germany (191,272), Turkey (187,685), Mexico (180,545), Pakistan (176,617), Saudi Arabia (157,612), Bangladesh (112,306) and Canada (103,078), the CSSE figures showed.

The other countries with over 10,000 deaths are the UK (42,717), Italy (34,634), France (29,643), Spain (28,323), Mexico (21,825) and India (13,254).

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