Sri Lanka blast toll revised down to 253

Agencies
April 26, 2019

Colombo, Apr 26: Authorities in Sri Lanka on Thursday lowered the death toll in a spate of Easter bombings by more than 100 to 253, admitting some of the badly mutilated bodies had been erroneously double-counted.

The toll revision will boost the pressure on a government already under fire over its apparent failure to act on intelligence about the attacks, and follows the resignation of a top defence official.

The top bureaucrat in the island nation's defence ministry, Hemasiri Fernando, was the first official to step down in the wake of the attacks -- the worst since a civil war ended more than a decade ago.

"Many of the victims were badly mutilated... There was double counting," the health ministry said in explaining the new death toll of 253, down from 359 announced on Wednesday.

The ministry said that once all autopsies were completed, and cross-referenced with DNA samples, the new lower toll was reached.

The ministry did not offer a new breakdown of the tally in terms of locals and foreigners. Earlier, Sri Lanka's foreign ministry had said 40 of the victims were foreign nationals.

Indian intelligence shared several specific warnings about plans for attacks with Sri Lankan authorities, an Indian source told AFP, but the information was not given to ministers, in what Colombo has called a "major" lapse.

Authorities are now in a desperate hunt for suspects linked to the bloodshed. On Thursday, police released the names and photos of three men and three women they want to question.

Tensions remained high, with the capital on alert over rumours of fresh bombs, but police said there had been no credible reports of explosive devices.

Sri Lanka's Catholic church nonetheless suspended all public services and closed churches "on the advice of security forces".

Private burials were still to be carried out.

President Maithripala Sirisena met Thursday with political party leaders and announced he would revive a military-police body last used during the country's fight against Tamil insurgents to coordinate operations after the bombings.

In the past, the joint operations command was headed by a senior military figure and included members of the military as well as police and intelligence.

Security forces using special powers granted under a state of emergency have arrested 16 more suspects, bringing the total in custody to 74.

The army, navy and air force poured more than 3,000 additional troops onto the streets to help police.

Authorities have banned drone flights and the government suspended plans to implement visa-free travel for tourists from 39 countries -- including European Union nations, Australia and the United States -- for six months from May 1.

Sri Lanka's police chief warned on April 11 of possible suicide bombings against churches by local Islamist group National Thowheeth Jama'ath (NTJ), citing information from a foreign intelligence agency.

India warned Sri Lanka several times of possible attacks, based on information from suspects arrested in India over links to the Islamic State group, a source close to the Indian investigation told AFP.

But that information was not shared with top ministers in Sri Lanka, the government has conceded.

"It was a major lapse in the sharing of information," deputy defence minister Ruwan Wijewardene said Wednesday.

Sirisena, who is also defence and law and order minister, has pledged to make "major changes in the leadership of the security forces.

Fernando was the first to go, telling Sirisena in a letter that he was "accepting responsibility and resigning," a defence ministry official said, speaking on condition of anonymity.

Additional resignations were expected.

Investigators are still piecing information together about the attacks and those involved, with officials revealing one attacker had studied in Britain and did post-graduate studies in Australia before returning to Sri Lanka.

Wijewardene said most of the assailants were "well-educated and come from middle, upper-middle class families, so they are financially quite independent."

Experts say the bombings had many of the hallmarks of the Islamic State group, which has claimed responsibility for the attacks.

An FBI team on the ground is helping with the investigation.

Among the suspects unaccounted for is NTJ leader Zahran Hashim, who appeared to be among eight people seen in a video released Tuesday by IS.

Officials said it was still unclear whether Hashim was among the suicide attackers or had escaped.

In all, nine people are believed to have blown themselves up on Sunday, either during attacks or when police attempted to arrest them.

Among them were two Muslim brothers, sons of a wealthy Colombo spice trader who is now in custody. The brothers blew themselves up at the Shangri-La and the Cinnamon Grand hotels.

The Kingsbury hotel in the capital was also hit, along with three churches. A fourth attack on a hotel failed, authorities said. The would-be attacker was followed back to a Colombo guest house, where he blew himself up, killing two people.

Two more people -- a man and a woman -- blew themselves up at another location as security forces launched a raid, killing three police, sources said.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
June 11,2020

Jun 11: The total death toll in the US from the novel coronavirus pandemic could hit the grim figure of 200,000 by September and expecting a dramatic decrease in COVID-19 cases in the country will be a "wishful thinking , an eminent Indian-American professor has warned.

Ashish Jha, the head of Harvard's Global Health Institute, told CNN on Wednesday that he is not trying to scare people to stay at home rather urged everyone to wear masks, adhere to the social distancing rules and called for ramping up testing and tracing infrastructure.

Anybody who's expecting a dramatic decrease in cases is almost surely engaging in wishful thinking. And if it (COVID numbers) stays just flat for the next three months, we're going to hit 200,000 deaths sometime in September and that is just awful, Jha said.

Jha said the 200,000 death toll is not just a guess . Currently 800-1000 people are dying daily in America from the virus and all data suggest that the situation is going to get worse.

We're gonna have increases, but even if we assume that it's going to be flat all summer, that nothing is going to get worse... even if we pick that low number of 800 a day, that is 25,000 (deaths) a month in three and a half months. We're going to add another 88,000 people and we will hit 200,000 sometime in September, Jha said.

The United States is by far the hardest-hit country in the global pandemic, in terms of both confirmed infections and deaths.

According to data by the Johns Hopkins University, the number of coronavirus cases in the US currently is nearly two million and about 112,900 people have died in the country, the most in the world.

When asked about an improvement in states like New York, which had been the epicenter of the COVID19 pandemic in the US, Jha said while coronavirus cases are declining in New York, New Jersey, Connecticut and Massachusetts, the numbers are increasing in states such as Arizona, Florida, Texas, North and South Carolina while the country as a whole is pretty flat.

He said, people should take measures as that will help suppress the virus and ensure people could get back outside safely but he voiced concern that this was not the situation in reality.

We're not doing that and so we're going to unfortunately have another 25,000 deaths a month until September, and then it'll keep going. It's not going to magically disappear. We've got a turn around. This is not the future I want, he said.

Jha said he had expected the situation to improve in the summer months but on the contrary the numbers have continued to rise even in the warm weather.

Summer was supposed to be our better months - warmer weather, people outside, a little less transmission. This is not the time (summer) I was expecting a lot more cases. We're seeing a lot more cases, especially in states like Arizona where the numbers look really scary, he said.

Jha added that he was hopeful that maybe the summer months would give us more of a break. I think I may have been too optimistic on that.

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