Special court begins trial of 50-member terror cell

April 8, 2012

riyadh_troups


Riyadh, April 8: A special court in Riyadh started a trial of 50 men accused of terror activities in Riyadh yesterday.


The defendants included two Syrians and a Yemeni as well as 47 Saudis.


Joining an Al-Qaeda terror cell in the Kingdom, plotting to assassinate a prominent leader in the country and some US citizens, and planning to blow up US and British embassies, the Al-Mahya Residential Complex in Riyadh and a public security building in Al-Washm were some of the charges against the defendants.


Defendants No. 1 to 5 were present at the hearing on Saturday.


The public prosecutor read out the charges against each of the five defendants. The judge supplied to each of them their respective crime sheets. The judge briefed them on their right to appoint lawyers to defend them at the expense of the government if needed. All defendants except No. 3 authorized their brothers to defend them in addition to lawyers.


Members of the Saudi Human Rights Commission and media were present at the hearing.


The judge refused to grant a defendant’s request to expel reporters from the court.


The public prosecutor also claimed defendants attempted to murder senior police officers, blow up residential complexes in western Riyadh and a residential complex in the Eastern Province. They were accused of issuing religious edicts to incite people against the government, recruitment of youths for terror activities, terror financing and going to violence-hit regions.


Other charges against them included firing at security forces, staying and traveling in the company of Al-Qaeda members, executing terror plans, arranging shelter for terrorists, forging documents to hide the identity of some terrorists, offering medical and combat support for terrorists, possession of weapons including SAM rockets, ammunition, bombs and explosives, and preparation of explosive-loaded cars for terror attacks, participation in terror training camps, smuggling weapons to assist terror attacks in Iraq and going abroad to get military training in addition to spreading sedition and undermining national security.


The most serious charge against Defendant No. 1 was that he was the leader of an Al-Qaeda cell operating in the country. He was alleged to have arranged meetings between Al-Qaeda members Faisal Al-Dukhayyil, Fahd Al-Juwair, Abdul Aziz Al-Muqrin and Defendant No. 15. Another charge against him was that he sheltered Al-Muqrin and Abdullah Al-Rashood, a man wanted by Saudi police, with some members of the Faisal Al-Dukhayyil cell.


The crime sheet also claimed he was one of the terrorists who blew up a police officer in Riyadh. He allegedly used to collect donations for terror activities and also prepared a rented house to serve as a clinic to treat injured terror activists.


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News Network
March 25,2020

Riyadh, Mar 25: A 46-year-old man died of coronavirus in Saudi Arabia, becoming the Kingdom’s second death, according to a health ministry’s spokesman.

The health ministry recorded 133 new infections, bringing the total to 900.

Of those newly confirmed cases, 18 are associated with recent travel, and were placed in quarantine upon their arrival in the Kingdom, the spokesman said.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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Agencies
July 19,2020

Kuwait City, Jul 19: Kuwaiti ruler Sheikh Sabah al-Ahmad al-Jaber al-Sabah has successfully undergone surgery early on Sunday, the emir's office said.

"His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah ... has undergone surgery this morning, with thanks to God for its success," the head of the emir's office Sheikh Ali Jarrah al-Sabah said, as quoted by state news agency KUNA.

The 91-year-old was admitted to hospital for a medical checkup.

Yesterday, a royal order was issued assigning Crown Prince Sheikh Nawaf al-Ahmed al-Sabah, the emir's designated successor, "to take over some constitutional jurisdictions of His Highness the Emir temporarily"

In August 2019, Kuwait acknowledged the emir suffered an unspecified medical "setback" that required him to be hospitalised.

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