Pakistan must prosecute top LeT operatives along with its leader Hafiz Saeed, says US

Agencies
October 14, 2019

Washington, Oct 14: Pakistan must prevent militant groups from operating on its soil and prosecute top Lashkar-e-Taiba operatives along with its leader Hafiz Saeed, the US has said ahead of the Financial Action Task Force's crucial decision on whether to blacklist the country.

Alice Wells, head of the US state department's South and Central Asian bureau, also welcomed the arrest the top four leaders of Lashkar-e-Taiba /Jamaat-ud-Dawah in Pakistan.

Pakistan's law enforcement agencies on Thursday arrested the "top four leaders" of the banned LeT/JuD on charges of terrorism financing.

The top four arrested terrorists have been identified as Professor Zafar Iqbal, Yahya Aziz, Muhammad Ashraf and Abdul Salam.

"As Prime Minister Imran Khan has said, Pakistan, for its own future, must prevent militant groups from operating on its soil," Wells tweeted.

"We welcome news that Pakistan arrested 4 #LeT leaders. The victims of LeT's vicious attacks deserve to see these individuals prosecuted now, along with LeT leader Hafiz Saeed," she said.

Pakistan has a long history of catching and releasing terrorists operating from its soil.

Wells' remarks came as the FATF is set to give its decision on the country's 'grey list' status.

Pakistan was placed on the grey list by the Paris-based watchdog in June last year and was given a plan of action to complete it by October 2019, or face the risk of being placed on the black list with Iran and North Korea.

The ongoing review of Pakistan's performance will determine if it stays on the grey list or moved on the black list or given a clean chit.

Wells last month also asked Pakistan to prosecute terrorists like Saeed and Masood Azhar, saying the reduction of the Indo-Pak tensions would depend on Islamabad's seriousness in taking action against those who engage in "cross-border infiltration".

Tensions between the two countries have spiked since India abrogated Article 370 of the Constitution to revoke the special status of Jammu and Kashmir in August.

India's decision evoked strong reactions from Pakistan, which downgraded diplomatic ties and expelled the Indian ambassador.

Pakistan has been trying to internationalise the Kashmir issue after India withdrew the special status of Jammu and Kashmir, but New Delhi has asserted the abrogation of Article 370 was its "internal matter".

The US Department of the Treasury has designated Saeed as a Specially Designated Global Terrorist. The US, since 2012, has been offering a USD 10 million reward for information that brings Saeed to justice.

Saeed-led JuD is believed to be the front organisation for the LeT which is responsible for carrying out the 2008 Mumbai attacks that killed 166 people.

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Agencies
May 19,2020

Moscow, May 19: Russia confirmed 9,263 new coronavirus infections Tuesday, bringing the country’s official number of cases to 299,941.

On Sunday, the head of Russia's public health watchdog, Anna Popova, said the growth of new coronavirus cases in Russia is stabilizing.

Russia is the second most-affected country in terms of infections.

A record 115 people have died over the past 24 hours, bringing the total toll to 2,837 — a rate considerably lower than in many other countries hit hard by the pandemic.

Russia began easing nation-wide lockdown restrictions last week and announced the national football league would restart in late June.

Critics have cast doubt on Russia's low official mortality rate, accusing authorities of under-reporting in order to play down the scale of the crisis.

Russian health officials say one of the reasons the count is lower is that only deaths directly caused by the virus are being included.

Deputy Prime Minister Tatiana Golikova over the weekend denied manipulation of numbers, saying hospitals had a financial interest in identifying infections because they are allocated more money to treat coronavirus patients.

Authorities also say that since the virus came later to Russia, there was more time to prepare hospital beds and launch wide-scale testing to slow the spread.

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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
May 27,2020

Geneva, May 27: The number of confirmed cases of COVID-19 worldwide has increased by nearly 100,000 over the past 24 hours to surpass 5.4 million, the World Health Organisation (WHO) said.

According to the WHO, the global case tally currently stands at 5,404,512 -- a rise by 99,780 over the past day.

The death count worldwide amounts to 343,514 -- an increase by 1,486.

Most cases of infection are recorded in the Americas -- 2,454,452, with 143,739 deaths.

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