Sri Lankan Easter blast suspect was under Indian watch

Agencies
May 15, 2019

Colombo/Ahmedabad, May 15: A Sri Lankan software engineer suspected by authorities in Sri Lanka of having provided technical and logistical support to the Easter Sunday suicide bombers was monitored by Indian intelligence agencies three years ago for links with Islamic State suspects, investigators said.

Four sources in Sri Lankan investigating agencies said they believed Aadhil Ameez, a 24-year-old, was the link between two groups that carried out the attacks on churches and hotels that killed more than 250 people and wounded hundreds more.

Aadhil has been arrested and is in police custody, the sources said. His arrest has not been made public, but when asked by Reuters, Ruwan Gunasekera, the main spokesman for the Sri Lankan police, confirmed Aadhil was taken into custody on April 25, four days after the attacks.

The spokesman declined to give more details.

A police official at India's National Investigation Agency (NIA) and another police official in the western state of Gujarat said they were providing assistance to Sri Lankan authorities.

Aadhil, who describes himself on his LinkedIn profile as a senior engineer/programmer/web designer with a masters degree in computer science and a bachelors in political science from U.K. universities, could not be reached for comment.

He does not yet have a lawyer and under Sri Lanka's tough new emergency laws imposed after the attacks, he can be held indefinitely.

His father, M. Ameez, who lives in Aluthgama, a town south of Colombo, denied that Aadhil was involved with the plotters and said such "allegations are lies".

The Indian investigators said they had been monitoring Aadhil since 2016 and named him in two chargesheets filed in Indian courts against suspected Islamic State operatives as being one of their contacts.

According to one of the chargesheets, reviewed by Reuters, he showed up in Facebook, WhatsApp and Telegram chats with two of the suspects who are on trial for plotting an attack on a synagogue in the western city of Ahmedabad.

The two suspects Ubed Ahmad Mirza, a lawyer, and Stimberwala Mohamed Kasim, a hospital technician, were accused of planning "lone-wolf" attacks, according to the chargesheet.

Lawyers for both men rejected the allegations and said they were innocent. Both lawyers declined to comment on the possible role of Aadhil.

Aadhil has also been named in another chargesheet filed in court by the NIA for providing propaganda and online material to three Indians arrested in early 2016 for promoting Islamic State.

The three men, Sheikh Azhar ul-Islam, Adnan Hassan and Mohammed Rafiq Sadique Shaikh are on trial in a special Delhi court facing charges of criminal conspiracy to propagate the ideology of Islamic State, recruit, raise funds and facilitate the travel of people to Syria, according to the chargesheet.

Sheikh Mohammad Munawar, a cousin of ul-Islam, said the charges were fabricated and that he had no criminal record ever.

Families of the other two accused could not be reached. Their lawyers were not immediately available for comment.

Reuters was unable to determine when the Indians informed Sri Lankan authorities of the surveillance. The two officials declined to say whether they continued to keep Aadhil under surveillance after they completed investigation of the cases in India.

Indian intelligence services warned Sri Lankan authorities of a possible attack at least three times in April alone, officials have said.

Link Between Groups

Sri Lankan authorities have said two local Islamist groups - the National Tawheed Jamaath (NTJ) led by radical preacher Zahran Hashim and the Jamathei Millathu Ibrahim (JMI) - were involved in the synchronised blasts in Colombo, the island nation's capital, and two other towns. Islamic State has claimed responsibility for the attacks.

Two sources in Sri Lanka's police Criminal Investigation Department and two military officials said Aadhil was the link between the two groups.

The groups used the dark web and WhatsApp to communicate, they said.

However, investigators don't know yet whether Aadhil was simply a facilitator for the bombers, or if he was also one of the ring leaders involved in planning and executing the attacks.

Last week, police raided IT firm Virtusa, where Aadhil had interned in 2013, according to his profile. One current employee has been detained for questioning in connection with the attacks, police say, but no other details have been provided.

Online Chats

India, with one of the world's largest populations of Muslims, has claimed success in foiling several Islamic State cells, mostly in southern and western India.

Court documents reviewed by Reuters show that the online conversations between the Sri Lankan and the two Indians in western India, began in the summer of 2016 and lasted until the arrest of the two Indians in late 2017. The documents describe how Aadhil Ax, as he called himself online, asked the Indians if they had heard about the atrocities being committed against Muslims in Sri Lanka by the majority Buddhist community.

He talked about his own experiences: that he had been in jail, that his house had been torched and that he limped because of beatings, the documents seen by Reuters show. Investigators and neighbours in Sri Lanka say none of these were true.

The Sri Lankan investigators interviewed by Reuters say Aadhil made claims he was a journalist and a PhD candidate in some of his online postings, which also were false.

They said they believed Aadhil, operating largely from his home, was a key part of the Easter bombings plot and helped in communications and training.

"He was the main technology person for them," said one of the CID sources involved in the investigation. The source said Aadhil was helped in this by Abdul Latheef Mohamed Jameel, one of the eight suicide bombers who detonated his explosives at a guesthouse after failing to do so at Colombo's luxury Taj Samudra hotel.

About a week before the bombings, Aadhil met Jameel, Zahran the extremist preacher, and Inshaf Ibrahim and Ilham Ibrahim, the two brothers from a family engaged in the spice trade in Colombo, the other sources said. The latter three men blew themselves up in five-star Colombo hotels.

The CID source said that Aadhil, Zahran and the Ibrahim brothers had leased land in Wanathawilluwa town in the north and set up a training camp. Police raided the place in January this year and discovered a large amount of explosives, but did not know at the time who had leased it.

When police raided Aadhil's home four days after the bombings, all his computer files were found to have been deleted.

"He seems to have played an important role in setting up communications for the attackers, helping organise meetings and training camps," said one of the military sources.

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Agencies
June 25,2020

Patna, Jun 25: At least 83 people died due to thunderstorms in Bihar in the last 24 hours, according to Chief Minister's Office.

Bihar Chief Minister Nitish Kumar announced Rs 4 lakhs each for the families of deceased.

Thirteen people died in Gopalganj, 8 each in Madhubani and Nawada, 6 each in Baghalpur and Siwan, 5 each in Darbhanga, Banka, East Champaran and 3 each in Khagaria and Aurangabad.

Due to thunderstorms, two people each lost their lives in West Champaran, Kishanganj, Jamui, Jahanabad, Purnia, Supaul, Buxar, Kaimur while one death each was reported in Samastipur, Shivhar, Saran, Sitamarhi and Madhepura.

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News Network
March 20,2020

New Delhi, Mar 20: The government on Thursday said one Indian who tested positive for coronavirus has died in Iran while the other citizens infected with the disease are being provided treatment and taken care of by the Iranian government.

Noting that the virus tends to be more fatal for those whose immunity levels are low, a senior MEA official said the deceased, an elderly person, belonged to the vulnerable age group and had health-related complications.

The death was not because of lack of medical attention or care, he said.

"We have evacuated 590 people from Iran where the situation is very severe. The Indians infected with coronavirus in Iran have been segregated and taken care of very well by the government there. We believe they will recover and we will bring them back," the MEA official said, adding that 201 Indians were evacuated from Iran on Wednesday.

The official said closely knit families required some persuasion and counselling during the process of segregation to prevent the spread of the contagion.

The Indian ambassador and other officials explained the consequences of infected people not being separated from their families and were successful to a large extent in segregating the positive cases from the negative ones, he said.

"Some pilgrims and students are still there and our embassy and mission are in control (of the situation)," the official said.

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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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