Gujarat CM links IS suspect to Ahmed Patel; Cong leader rubbishes charge

Agencies
October 28, 2017

Gandhinagar/New Delhi, Oct 28: Gujarat Chief Minister Vijay Rupani on Friday night demanded resignation of Congress veteran Ahmed Patel from the Rajya Sabha alleging his possible links to a suspected terrorist arrested earlier in the week from his home district of Bharuch. Ahmed Patel rubbished the charge.

Rupani, who also sought Congress Vice President Rahul Gandhi's clarification on the matter, was referring to Mohammed Qasim Stimberwala, one of the two alleged IS operatives arrested by the Gujarat Anti-Terrorist Squad from Surat on Wednesday.

Stimberwala had resigned recently as an eco-cardiogram technician in the Sardar Patel Hospital and Heart Institute in Ankleshwar, which Patel had helped grow into a modern facility.

Patel was one of the trustees during the hospital's formative years as a modern hospital and the only one in the entire Bharuch district with latest equipment and technology with facilities for heart surgery. He had resigned as a trustee in 2014 facilitating a new board of trustees to take over the facility.

The ATS, which picked up Stimberwala and Ubed Ahmed Mirza, claimed that they were planning to attack a Jewish synagogue in Khadia area of Ahmedabad and had even carried out reconnaissance of their target.

While Mirza was a practicing lawyer at the Surat district court, Stimberwala worked as a technician at the Ankleshwar hospital.

Rupani told reporters at the 9.30 p.m. press conference, which was delayed by more than three hours, that Stimberwala, caught by Intelligence Bureau and security agencies, was working at a Bharuch hospital where Patel had been a trustee and though resigning after UPA lost power, "still oversees in the working of the hospital".

The hospital's website has a list of eight trustees but Patel's name does not figure in the list.

Rupani claimed that the "arrest of a person working in a hospital where Ahmed Patel was a patron gave rise to several questions as how did a terrorist get a job in a hospital having close links with Ahmed Patel? Who got him the job? Whether he was aware of their activities?"

"The questions arise because the terrorist had resigned or was to quit just two days ahead of his arrest. This arouses suspicion. We are not levying any allegations but we just want Patel and Congress to clarify. If people are convinced, then it is ok," he said.

He went on to say that if the terrorists had not been caught, they would have carried out planned attacks on "Hindu religious heads and Jewish synagogue". The ATS however has mentioned only a Jewish synagogue during its investigations and no Hindu religious heads, as Rupani alleged.

Ahmed Patel, in a series of tweets, said the allegations by the BJP were completely baseless.

"My party and I appreciate the ATS's effort to nab the two terrorists. I demand strict and speedy action against them.

"We request that matters of national security should not be politicised keeping elections in mind," he said and also urged: "Let's not divide peace loving Gujaratis while fighting terrorism."

One of the trustees, Jayesh Patel, clarified that Stimberwala had joined the hospital six months ago, after having worked with Wockhardt and a couple of other hospitals.

"He had resigned on October 4 and relieved on October 24 according to his service conditions. He had said that he was leaving due to a better opportunity," he said.

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News Network
March 3,2020

Daman, Mar 3: A BJP councillor was shot dead on Monday in the Union Territory of Daman, police said.

Salim Memon was sitting in his motorcycle showroom when three to four unidentified persons shot four to five bullets after asking a visitor there to move out, an official said quoting eye-witnesses.

While fleeing, they also shot two rounds close to this visitor who was standing outside, he said.

"Memon was rushed to a hospital in Marwad area but was declared dead on arrival. CCTV footage is being scanned to nab the culprits," said Daman Superintendent of Police Vikramjit Singh.

Memon was elected to Daman municipality as a Congress candidate but then switched over to the BJP.

Sources said Memon, who also has a land brokerage business, had come out of jail a few months back in connection with a case of rivalry.

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News Network
July 16,2020

New Delhi, Jul 16: With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick in near-term inflation could give the central bank's Monetary Policy Committee reason to pause for now.

Having cut its key lending rate by an aggressive 115 basis points (bps) in 2020, on top of 135 bps cuts in 2019, the RBI so far has had little success in spurring credit growth amid varying degrees of lockdowns across India.

Some economists and market insiders argue it may be prudent for the MPC, the policy committee, to hold its fire when it meets early next month.

"It's probably too early to administer a demand stimulus. The RBI still has room to cut rates, but we probably want to be more cautious of the timing," said Venkat Pasupuleti, portfolio manager at Dalton Investments.

"Maybe they should wait a quarter to see how things pan out once the lockdown situation is eased further."

Market participants have factored in at least a 25 bps rate cut by the MPC on August 6 while analysts are predicting a total 50-75 bps cuts over the rest of the fiscal year that runs to March 31.

The spike in the retail inflation rate above the RBI's mandated 2%-4% target range is another reason for the central bank to take a breather, analysts say.

Annual retail inflation rose to 6.09% in June, compared to 5.84% in March and sharply above a 5.30% median forecast in a Reuters poll of economists.

Rahul Bajoria, an economist at Barclays, said the spike in both consumer and wholesale prices "could lead to a tempering in enthusiasm for material front-loaded policy support from here on."

Almost all economists however agreed the RBI cannot move away from its accommodative stance or call an end to the rate cutting cycle just yet.

India's economy grew at 3.1% in the March quarter - an eight year low - and some economists have predicted a contraction of more than 20% in the June quarter and a contraction of up to 5% in the fiscal year.

"Even in the event of a pause, we think the RBI and MPC would want to hold out the promise of more cuts," said A. Prasanna, economist with ICICI Securities.

RBI Governor Shaktikanta Das said in a recent speech the need of the hour is to restore confidence, preserve financial stability, revive growth and recover stronger, suggesting inflation concerns are unlikely to deter the downward trajectory for rates too soon.

"The August policy decision would boil down to a judgment call over whether RBI can maintain easy monetary and financial conditions without the aid of a token rate cut," Prasanna said. 

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Agencies
July 23,2020

Jaipur, Jul 23: Four days after the Special Operation Group (SOG) sent a notice to Union minister Gajendra Singh Shekhawat in connection with the purported audio clips indicating his alleged involvement in horse trading of MLAs in Rajasthan, a city court has directed the Rajasthan police to probe a complaint alleging Shekhawat's role in a credit society scam worth Rs 840 crore.

The additional district judge Pawan Kumar, on Tuesday, directed the additional chief judicial magistrate's court to send the complaint against Shekhawat to the SOG.

Shekhawat, his wife and other partners have been named in the complaint in the Sanjivani Credit Cooperative Society scam in which around 50,000 investors allegedly lost about Rs 840 crore.

The Jaipur unit of the SOG has been probing the scam since last year after an FIR was registered on August 23, 2019.

Now, Jaipur ADJ Court-8 ordered a fresh inquiry in the case against Gajendra Singh accepting the revised application filed by Lagu Singh and Guman Singh and said that "this is a serious matter and hence SOG should investigate this".

Both the applicants had invested a huge amount in Sanjivani credit cooperative society.

It is alleged in the complaint that a multi-storey building has been built with the money instead of a theatre which was proposed earlier and many properties were also bought in Ethiopia with the money.

An SOG investigation also reveals that a large amount of money has been deposited into accounts of Shekhawat and his wife at different time spans, said sources.

Earlier, Shekhawat was not mentioned in the chargesheet filed by the SOG in connection with the case. Later, a magistrate's court also rejected the application to include him in the chargesheet. The applicants then approached the additional district judge's court with a revised application.

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