Pope, ending Mozambique visit, slams corrupt leaders

Agencies
September 6, 2019

Maputo, Sept 6: Pope Francis, ending his visit to Mozambique, on Friday scolded political and business leaders in the resource-rich but poor East African country who allow themselves to be corrupted by outsiders.

On his last day in the country, Francis visited a hospital for HIV-AIDS sufferers run by the Sant' Egidio community and then said a mass for some 60,000 of people in Maputo's national stadium.

At the hospital and in his homily, Francis spoke of all four of the main themes of the trip to this country as well as Madagascar and Mauritius - peace, poverty, corruption, and environmental protection.

"Mozambique is a land of abundant natural and cultural riches, yet paradoxically, great numbers of its people live below the poverty level," Francis said in the stadium, in an area of the capital where many people live in shantytowns with houses of corrugated metal roofs.

At the AIDS hospital, the pope saw a cross made of wood and shards of metal from the collapsed roof of the home of an elderly woman.

According to the U.N. World Food Programme, 80% of Mozambique's population of about 30 million cannot afford the minimum costs for an adequate diet.

"At times it seems that those who approach with the alleged desire to help have other interests. Sadly, this happens with brothers and sisters of the same land, who let themselves be corrupted. It is very dangerous to think that this is the price to be paid for foreign aid," Francis said.

BILLION-DOLLAR SCANDAL

Mozambique ranks in the lowest quarter of Transparency International's Corruption Perceptions Index.

While the pope did not give any specific examples of corruption, Mozambique is still struggling to recover from the impact of a $2 billion debt scandal, which saw hundreds of millions of dollars in borrowing guaranteed by the Mozambique government disappear.

The money was borrowed ostensibly to develop shipyards, maritime security, and a tuna fishing venture, but U.S. authorities now say the projects were an elaborate front for a bribe and kickback scheme. Boats acquired for the projects meanwhile are rusting in harbors across Mozambique.

Criminal and civil court cases related to the scandal and spanning three continents have ensnared international investment bank Credit Suisse, which helped arrange the loans, three of its former bankers, a former finance minister, and the former Mozambique president's son.

Credit Suisse says it continues to cooperate with regulatory and enforcement authorities in connection with multiple investigations related to the Mozambique maritime transactions. It has said the bankers hid their misconduct from the bank. Mozambique has charged 20 people over the affair is suing Credit Suisse and others.

Mozambique, already one of the world's most impoverished countries, is still on the hook for the loans, some of which the government did not disclose. When it admitted to the undisclosed borrowing in 2016 it prompted donors such as the International Monetary Fund to cut off support, triggering a currency collapse and debt crisis.

Francis also spoke earlier of his concern over the environmental degradation in Africa, some it caused by rampant deforestation and extraction industries.

He said that assisting the poor could help put people in touch in touch with the earth, which is also vulnerable, and suffers from "symptoms of sickness evident in the soil, in the water, in the air and in all forms of life ... the earth herself, burdened and laid waste, is among the most abandoned and maltreated of our poor".

Deforestation, along with soil erosion, made Mozambique more vulnerable when two cyclones hit the country this year.

According to the World Bank, Mozambique has lost 8 million hectares of forest, about the size of Portugal, since the 1970s.

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News Network
February 10,2020

New Delhi, Feb 10: Former Jammu and Kashmir chief minister Omar Abdullah's sister on Monday moved the Supreme Court to challenge his detention under the Public Safety Act.

Senior advocate Kapil Sibal, appearing for the petitioner, mentioned the matter for urgent listing before a bench headed by Justice N V Ramana.

Sibal told the bench that they have filed a habeas corpus petition challenging the detention of Abdullah under the PSA and the matter should be heard this week.

The bench agreed for urgent listing of the matter.

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Agencies
March 1,2020

Washington, Mar 1: Beginning April 1, Indians wishing to immigrate to America will now have to pay an additional $50,000 for the EB-5 or the US investor visa, a media report said.

Although, this additional tax would impact all visa categories, it will predominantly create a barrier for people investing in the EB-5 visa programme, the American Bazaar daily said in the report on Friday.

In 2019, the EB-5 investor visa programme, for the first time since the 1990's, increased the minimum investment amount to $900,000.

With this increase in minimum investment, the new 5 per cent additional tax would mean that applicants would have to pay the extra $50,000, when they move money to an escrow account in the US to fulfil their application criterion.

"The changes to the tax on remittances is a reminder to Indians to carefully plan their tax position before making the move to the US," the American Bazaar quoted Mark Davies, Global Chairman, Davies & Associates LLC, as saying.

"People seeking to emigrate who do not wish to pay this tax at source and rather account for it later may wish to move their money ahead of the new rules coming into effect.

"It is possible to pre-emptively move money into an escrow account in the US until such a time as they are ready to proceed with emigration process," he added.

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News Network
April 22,2020

London, Apr 22: The toll from coronavirus in the United Kingdom has jumped above 18,000 after 759 more deaths were reported in the last 24 hours, the Department of Health and Social Care announced in a statistical bulletin on Wednesday.

In total, 18,100 people have died in the UK hospitals after contracting COVID-19 as of 16:00 GMT on Tuesday.

A further 4,451 new cases of the disease were reported over the preceding 24 hours up to 08:00 GMT on Wednesday, the ministry said. The total number of cases reported since the start of the outbreak now stands at 1,33,495.

On Tuesday, the Office of National Statistics published a report stating that the coronavirus disease death toll as of April 10, when accounting for deaths in care homes and private residences, was 41 per cent higher than the government's figures.

In parliament on Wednesday, Health Secretary Matt Hancock stated that the United Kingdom has reached the peak of the COVID-19 outbreak, praising the social distancing measures enforced in the country.

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