ISLAMABAD: In Indian occupied Kashmir, the Jammu and Kashmir Muslim League (JKML), headed by illegally detained senior APHC leader Masarrat Aalam Butt, has hailed the courage and steadfastness shown by the hundreds of Kashmiri political prisoners languishing in various jails.
JKML spokesman in a statement issued in Srinagar said that a party delegation led by Acting Chairman, Abdul Ahad Parra, accompanied by Muhammad Hamza Mir, Ghulam Hassan Shah, and Sajjad Ahmed visited Sopore and Bandipora and expressed solidarity with the families of the Hurriyat leaders and activists lodged in different jails. Abdul Ahad Parra on the occasion said that the sacrifices rendered by Shabbir Ahmed Shah, Masarrat Aalam Butt, Dr Muhammad Qasim Fakhtoo, Aasiya Andrabi, Dr Shafi Shariati, Ghulam Qadir Butt, Muhammad Yousuf Mir, Ayaz Akbar, Altaf Ahmed Shah, Ghulam Muhammad Khan Sopori, Peer Saifullah, Raja Merajuddin Kalwal, Assudullah Parray, Amir Hamza Shah, Muhammad Yousuf Falahi, Mir Hafeezullah, Shakeel Ahmed Butt, Nayeem Ahmed Khan, Shahid Yousuf, Hakeem Showkat, Merajuddin Nanda, Molvi Sajjad, Fehmeeda Sofi, Nahida Nasreen, Fayaz Ahmed Talaq, Basharat Ahmed, Ashiq Hussain, Muhammad Hayat Butt, Manzoor Ahmed Butt, Abdul Rasheed Butt, Farooq Ahmed Tauheedi, Abdul Majid, Abdul Muhammad Ashraf Malik, Abdul Ghani Butt, Zakir Hussain, Merajuddin Niyako, Salman Yousuf, Sajjad Ahmed Beig, Mudassir Rasheed, Manzoor Ahmed Parray, Irfan Ahmed Dar, Aqib Ahmed Mir, Ashiq Hussain Mir, Nasir Abdullah, Muhammad Iqbal Wani, Basharat Ahmed Salaam, Mufti Nadeem, and Shakeel Ahmed Yatoo were praiseworthy.
He appealed to the international human rights organizations to come to the rescue of the political detainees. Meanwhile, the Jammu and Kashmir Salvation Movement (JKSM) in a statement in Srinagar strongly condemned the arrest of party Chairman, Zafar Akbar Butt, and described it as the frustration of the puppet authorities.
RELEVANT PIECE: According to ISPR 4 people, including three children, were killed while 10 were injured in unprovoked ceasefire violations across the Working Boundary (WB) by India today. ISPR told that Punjab Rangers were responding to Indian fire and targeting Indian posts which initiated fire in the Sialkot sector as the intermittent fire continues.
Hong Kong stocks finish week with losses
HONG KONG: Hong Kong stocks finish week with losses, Stocks here ended the week with losses on lingering China-US trade worries with traders also fretting over Donald Trump’s decision to call off his summit with North Korea’s Kim Jong Un.
The Hang Seng Index fell 0.56 percent, or 172.37 points, to 30,588.04. The benchmark Shanghai Composite Index slipped 0.42 percent, or 13.35 points, to 3,141.30 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 0.93 percent, or 17.02 points, to 1,810.03.
Relevant pieces: i) Tokyo stocks see limited gains, Stocks here closed slightly higher on bargain-buying today but gains were capped by concern about Donald Trump’s decision to pull out of next month’s summit with North Korean leader Kim Jong Un. The Nikkei 225 inched up 0.06 percent, or 13.78 points, to 22,450.79 but was down 2.09 percent over the week. The broader Topix index slipped 0.22 percent or 3.95 points to 1,771.70, logging a weekly drop of 2.40 percent. “Geopolitics is well and truly back” with Trump’s announcement, said David de Garis, director of economics and markets at National Australia Bank. Trump left the door open for a summit at a later date but has set “the bar higher” by demanding North Korea take constructive steps to denuclearization, he said. The sentiment was also soured by worries that that Trump could impose tariffs of 25 percent on car imports after his commerce secretary called for a probe into the auto industry on national security grounds. However, Yoshihiro Ito, chief strategist at Okasan Online Securities said in a commentary: “After selling ran its course, buying on dips underpinned the market.” The dollar was trading at 109.42 yen, compared with 109.30 yen in New York Thursday.
ii) European stocks advanced at the open today, rebounding from the previous day’s losses that were sparked by US President Donald Trump’s decision to axe a summit with North Korea. In initial London deals, the British capital’s benchmark FTSE 100 index of major blue-chip companies rose nearly 0.4 percent at 7,744.40 points. In the eurozone, the Paris CAC 40 added 0.4 percent to 5,570.73 points, compared with the closing level on Thursday. Frankfurt’s DAX 30 index gained almost 0.5 percent to 12,917.15 points. However, Asian markets mostly fell one day after Trump shocked the world by pulling out of next month’s historic summit with North Korea leader Kim Jong Un. Nevertheless, the losses were tempered by hopes the talks can be rekindled, according to analysts.
Malaysia corruption: $30 million seized
KUALA LUMPUR: Malaysia corruption: $30 million seized , Malaysian police said Friday they seized over 400 handbags and cash amounting to almost $30 million in raids on luxury apartments as they probed corruption allegations swirling around ousted leader Najib Razak.
The money and a vast trove of handbags, as well as watches and jewelry, were found in two condominiums in Kuala Lumpur.
A total of 12 locations, including the ex-leader’s home, were searched by police last week as part of an investigation into the scandal surrounding a sovereign wealth fund.
After more than six decades in power, Najib’s coalition was defeated by a reformist alliance headed by his former mentor Mahathir Mohamad in the May 9 poll.
Public disgust at allegations of corruption linked to Najib was a major factor in the upset, with the ex-leader, his family, and cronies accused of looting state fund 1MDB.
There had been much speculation about what the seized goods consisted of and how much they were worth after five trucks were reportedly brought in to help move the stash.
Giving an update, the police’s head of commercial crime Amar Singh said: “From the money found, there were 26 currencies, the total amount as of yesterday is 114 million (ringgit) ($28.6 million).”
The money was found in 35 bags at one apartment while another 37 bags at the same location contained watches and jewelry, he told a press conference. A total of 284 boxes containing designer handbags were found in that condominium.
Relevant piece published earlier: Malaysia’s Najib quizzed over the scandal, Former Malaysian leader Najib Razak was questioned by anti-corruption authorities today after his shock election loss, as the top graft fighter revealed he faced threats and a bullet in the post when the old regime suppressed a probe into a massive financial scandal. Najib’s coalition suffered a defeat at the May 9 poll, beaten by a reformist alliance led by Mahathir Mohamad, which broke their six-decade stranglehold on power. Mahathir, who first served as premier from 1981-2003 and came out of retirement aged 92 to take on Najib, campaigned on claims that the former leader and his cronies looted sovereign wealth fund 1MDB. Billions of dollars were allegedly stolen from the fund in a sophisticated fraud and used to buy everything from artworks to the high-end real estate. Najib and his reviled, luxury-loving wife Rosmah Mansor have had a swift fall from grace. They have been barred from leaving the country, and police have seized handbags, jewels, and cash during raids on properties linked to the couple. Public disgust at the corruption allegations swirling around them at a time middle-class Malaysians were suffering due to rising living costs and stagnant salaries was seen as a major factor in Najib’s defeat. The ousted leader pushed through a huge media scrum as he arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters in the administrative capital of Putrajaya to be quizzed about 1MDB money allegedly ending up in his personal bank accounts. He left after about five hours looking exhausted and told waiting for reporters that officials had “acted professionally” as they took his statement. The questioning is due to continue Thursday.
India: Nine anti-pollution protesters killed by Police!
TUTICORIN (India): Indian Police has opened fire at people who were demonstrating against Sterlite copper-smelting plant here today.
According to details thousands of citizens converged to protest against the plant that had polluted area’s groundwater.
Police opened fire at the violent mob that resorted to push/shove policemen, throw stones at them, burning/turning the vehicles. As a result of the shootout, nine demonstrators lost their lives.
— ANI (@ANI) May 22, 2018
Sources informed that Sterlite was the first company set up by UK-based Indian billionaire Anil Agarwal in India before he launched Vedanta Resources on the LSE in 2003, where it is now a multinational with operations across India and Africa.
— Shabbir Ahmed (@Ahmedshabbir20) May 22, 2018
Tamil Nadu Pollution Control Board held respiratory diseases were augmenting in communities surrounding the plant; polluted resty red water flowing from taps owing to increase in the iron content in groundwater;
Women had been experiencing inexplicably high incidence of menstrual disorders;
arsenic-laced wastewater from Sterlite plant flooding Silverpuram, Meelavittan and Kaluthaikuttan tanks.
Nevertheless, the Vedanta Group maintained: “Zero discharge systems, utilisation of waste for sustainable applications, energy efficient systems and stringent emission monitoring are the hallmark of Sterlite.”
— ANI (@ANI) May 22, 2018