Oxford professor, Islamic scholar Tariq Ramadan held in France on rape charge

Agencies
February 3, 2018

Paris, Feb 3: Tariq Ramadan, a prominent Swiss academic and renowned professor of contemporary Islamic studies at the University of Oxford, was charged in France with rape on Friday, based on accusations made against him four months ago by two women.

The 55-year-old theologian and philosopher, was placed under formal investigation on charges of rape and rape of a vulnerable person, according to a spokesman for the French judiciary. He was taken into custody on Wednesday as part of a preliminary inquiry in Paris.

Ramadan, a Swiss citizen is also the grandson of Hassan al-Banna, the founder of Egypt’s Muslim Brotherhood movement. A regular face on French television, he is the most prominent figure to be held in France after the women, emboldened by the #MeToo campaign to stamp out sexual assault and harassment, went to the police. According to those two women, Ramadan violently assaulted them in hotel rooms in Lyon and Paris in 2009 and 2012 after conferences.

The professor – who made his name as an author and commentator on modern Islam, as well as advising successive British governments on Islam and society – has denied the separate accusations by the two women.

After two days of questioning Ramadan, who is married with four children, was brought before three magistrates who have been assigned to the case, suggesting that he is facing an extensive investigation, judicial sources told AFP. In the full investigation opened this week, French magistrates must establish whether he should stand trial.

The first police complaint against Ramadan was made by Henda Ayari, 41, a feminist activist who previously practised a conservative strain of Islam and now heads the women’s organisation Les Libératrices.

She filed a complaint with prosecutors in Rouen in October 2017 alleging rape, sexual violence, harassment and intimidation by Ramadan. She said she was assaulted by him in a Paris hotel room after a conference in 2012.

“He choked me so hard that I thought I was going to die,” she told Le Parisien newspaper. “He slapped me because I resisted. He raped me. I felt I was in extreme danger.” She said she had gone to talk to him at his hotel after the conference as a kind of “big brother figure”.

Ayari had described the rape in a chapter of her 2016 book, I Chose to be Free, giving her assailant a made-up name and saying that an intellectual had attacked her in a hotel room. She fought back but was insulted, slapped and treated violently, she wrote.

After the Harvey Weinstein sexual assault and harassment scandal broke in the autumn of 2017 Ayari said she had decided to go public and name Ramadan. She made a formal complaint on October 20.

A few days later an anonymous disabled woman, a Muslim convert, accused the academic of raping and violently assaulting her in a hotel room in the south-eastern city of Lyon in 2009.

The French edition of Vanity Fair magazine, whose staff met the 45-year-old woman, said her lawsuit against Ramadan described “blows to the face and body, forced sodomy, rape with an object and various humiliations, including being dragged by the hair to the bathtub and urinated on”.

The woman said Ramadan had asked to meet her in the bar of the Hilton hotel in Lyon, where he was taking part in a conference in 2009. She had previously been in contact with him online for some months, seeking advice.

In online messages and chats, Ramadan had told the woman he was living separately from his wife, the French newspaper Le Monde reported.

In the hotel bar Ramadan had complained that people had recognised him and were staring at him, suggesting they instead go to his room. He took the stairs while the woman, who walks with a crutch after a car accident, took the lift. The woman said she was attacked very soon after entering the room, sustaining blows to the face, arms, breasts and stomach before being repeatedly raped.

During three hours of testimony in Paris on Thursday, the woman — referred to in the media by the pseudonym “Christelle” — recounted her allegations to the judge in Ramadan’s presence.

Rejecting her testimony outright, Ramadan refused to sign the official summary of the account, sources close to the case said. “Both sides maintained their positions,” a legal source said.

Eric Morain, Christelle’s lawyer, said the charges were “an important step” after what he called “a painstaking three-month investigation, 48 hours of police questioning and a confrontation with my client”.

Police have interviewed dozens of people close to both Ramadan and the two women, and examined email and social media exchanges between them.

Ramadan, a senior research fellow of St Antony’s College, took leave of absence from Oxford University last November “by mutual agreement” after the two women filed complaints.

He continues to head the Islamic Institute for Ethical Training in France. Ayari was placed under police protection in November after receiving death threats.

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News Network
February 21,2020

Washington, Feb 21: US President Donald Trump has made yet another tall claim about the size of the crowd that will welcome him in Ahmedabad, saying Prime Minister Narendra Modi has told him that there will 10 million(1 crore) people to greet him on his arrival for his maiden visit to India.

President Trump and First Lady Melania are scheduled to travel to Ahmedabad, Agra and New Delhi on February 24 and 25.

Speaking to reporters at the Joint Base Andrews in Maryland on Tuesday, Trump said that Modi told him that "we'll have 7 million people between the airport and the event."

"So it's going to be very exciting. But he says between the stadium and the airport, we'll have about 7 million people. So it's going to be very exciting. I hope you all enjoy it," he said.

On Thursday, Trump upped the crowd size by three million at a 'Keep America Great' rally in Colorado.

"I hear, they are going to have 10 million people. They say anywhere from six to 10 million people are going to be showing up along the route to one of the largest stadiums in the world, the largest cricket stadium in the world, which is brand new and beautiful," said Trump, who is seeking reelection in the November presidential polls.

But according to a top civic official in Ahmedabad, the total population of the city is only around 70 lakh.

The authorities believe that between one to two lakh people are expected to line up along the 22-km route of the road show by Modi and Trump from the airport to the Motera cricket stadium, said to be the world's largest.

"We believe that around one to two lakh people will gather to welcome the dignitaries during the road show," Ahmedabad Municipal Commissioner Vijay Nehra said on Thursday, contradicting the claims made by the US President.

As per the road show route plan, Trump and Modi will first reach the Sabarmati Ashram, a place closely associated with Mahatma Gandhi, from Ahmedabad airport.

Addressing his supporters, Trump spoke about his India visit and said the "Namaste Trump" rally in Ahmedabad would spoil him.

"Prime Minister Modi said, we will have 10 million people greet you. Here's my problem. We have a packed house. We have a lot of people, thousands of people that couldn't get in. It's going to look like peanuts from now on," he said.

"I'll never be satisfied with the crowd. If we have 10 million people in India, how can I be satisfied when we fill up like a 60,000-seat stadium? I am getting spoiled," Trump said.

One of Trump's supporters from the audience then suggested that he build a bigger stadium.

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News Network
March 6,2020

New Delhi, Mar 6: Shares of YES Bank and State Bank of India came under huge selling pressure on Friday as developments unfolded regarding SBI picking stake in the private lender. Shares of the lender hit record low of Rs 5.55, plunging 85 per cent, and were trading below its previous low of Rs 8.16 hit on March 9, 2009.

SBI, on the other hand, slumped 11 per cent to Rs 257.35 on the BSE. The benchmark S&P BSE Sensex was trading with a cut of over 3 per cent at 37,251.37 level.

In the past three months, share price of the private lender has plunged 41 per cent, while the state-owned lender has slipped 14 per cent. In comparison, the S&P BSE Sensex has dipped 5.6 per cent till Thursday.

On Thursday, the Reserve Bank of India superseded the board of troubled private sector lender YES Bank and imposed a 30-day moratorium on it “in the absence of a credible revival plan” amid a “serious deterioration” in its financial health.

During the moratorium, which came into effect from 6 pm on Thursday, YES Bank will not be allowed to grant or renew any loans, and “incur any liability”, except for payment towards employees’ salaries, rent, taxes and legal expenses, among others.

This is the first time that a bank of this size will be put under a moratorium by the RBI.

“The financial position of YES Bank had undergone a steady decline “largely due to inability of the bank to raise capital to address potential loan losses and resultant downgrades, triggering invocation of bond covenants by investors, and withdrawal of deposits,” RBI said in a statement.

“After the moratorium, the next step will be to infuse to money and keep the bank afloat. So from shareholders’ point of view, the future is certainly hazy as the capital requirement is huge. The good part, however, is that the RBI has stepped in and depositors don't have to worry,” says Siddharth Purohit, a research analyst at SMC Securities.

Meanwhile, analysts at Nomura believe that placing the Bank under moratorium implies that equity value in the bank would be negligible, and that the chances of private capital participating in future capital raising plan are near zero.

"Any resolution for Yes Bank is more proposed from the perspective of deposit holders and systemic stability, and not from the perspective of Yes Bank equity investors or even perpetual bond holders," they wrote in a note dated March 6.

In another development, SBI’s Board Thursday gave in-principle approval to consider an “investment opportunity” in YES Bank, even as it said “no decision had yet been taken to pick up stake in the bank”.

According to a  report, highly-placed sources indicated a rescue plan involving SBI and Life Insurance Corporation of India (LIC) was being discussed and an announcement in this regard might be made soon.

“While the finer details of the deal are being worked out, it is anticipated that both SBI and LIC together will take a 51 per cent stake in the bank, with a one-year lock-in period,” the report said.

Most analysts believe it is a positive step for the Indian financial sector as the government has tried to avoid a repeat of IL&FS-like crisis.

“The move is a positive step for the financial sector as a whole. By this, the government has tried to avoid a repeat of IL&FS-like crisis and has saved the depositors,” said AK Prabhakar, Head of Research at IDBI Capital. While we know that YES Bank has a huge pile of bad loans, SBI is the only bank that has the capacity to absorb it, he added.

However, the valuation at which YES bank would be taken over remains a cause of concern.

Global brokerage firm JP Morgan Thursday cut its target price for YES Bank on Thursday to Rs 1 per share, taking into account the potential fall in the lender’s net worth due to stressed assets.

“We believe forced bailout investors will likely want the bank to be acquired at near-zero value to account for risks associated with the stress book and likely loss of deposits. We think the bank will need to be recapitalised at nominal equity value and could test dilution of additional tier 1 (AT1) capital. We remain underweight and cut our target price to Rs 1 as we believe net worth is largely impaired,” JP Morgan said in a note.

Global brokerage firm Nomura estimates a need of Rs 25,000-44,000 crore and adjusted for Rs 7,400 crore of current coverage, if the current stress of Rs 65,000-70,000 crore faces 70 per cent loss given default (LGD).

"It implies Rs 18,000-37,000 crore needed for provisioning against the current net worth of Rs 25,700 crore Also, to run as going concern, the bank would require over Rs 20,000 crore of CET-1 capital as well," the note said.

YES Bank has registered slippages of Rs 12,000 crore so far in FY20, while it has placed Rs 30,000 crore of loan assets under the watch list. Its deposits stood at Rs 2.09 trillion on September 30, 2019, while its advances totalled Rs 2.24 trillion. The bank has delayed publishing its December quarter results by a month to March 14.

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Agencies
June 23,2020

Belgrade, June 23: Novak Djokovic tested positive for the coronavirus on Tuesday after taking part in a tennis exhibition series he organized in Serbia and Croatia.

The top-ranked Serb is the fourth player to test positive for the virus after first playing in Belgrade and then again last weekend in Zadar, Croatia.

His wife also tested positive. “The moment we arrived in Belgrade we went to be tested. My result is positive, just as Jelena's, while the results of our children are negative," Djokovic said in a statement.

Djokovic has been criticized for organizing the tournament and bringing in players from other countries amid the coronavirus pandemic.

Viktor Troicki said Tuesday that he and his pregnant wife have both been diagnosed with the virus, while Grigor Dimitrov, a three-time Grand Slam semifinalist from Bulgaria, said Sunday he tested positive.

Borna Coric played Dimitrov on Saturday in Zadar and said Monday he has also tested positive. There were no social distancing measures observed at the matches in either country and Djokovic and other players were seen hugging each other and partying in night clubs and restaurants after the matches.

 “Everything we did in the past month, we did with a pure heart and sincere intentions,” Djokovic said.

“Our tournament meant to unite and share a message of solidarity and compassion throughout the region.” Djokovic, who has previously said he was against taking a vaccine for the virus even if it became mandatory to travel, was the face behind the Adria Tour, a series of exhibition events that started in the Serbian capital and then moved to Zadar.

He left Croatia after the final was canceled and was tested in Belgrade. The statement said Djokovic was showing no symptoms.

Despite the positive test, Djokovic defended the exhibition series. “It was all born with a philanthropic idea, to direct all raised funds towards people in need and it warmed my heart to see how everybody strongly responded to this,” Djokovic said.

"We organized the tournament at the moment when the virus has weakened, believing that the conditions for hosting the Tour had been met. “Unfortunately, this virus is still present, and it is a new reality that we are still learning to cope and live with.”

Djokovic said he will remain in self-isolation for 14 days and also apologized to anyone who became infected as a result of the series. Organizers of the Adria Tour said the third stage of the event, scheduled to held next week in Bosnia, has been cancelled.

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