Citizens' Issues
Headley says Rana opposed his links with LeT
Mumbai : Pakistani-American terrorist-turned-approver David Coleman Headley on Wednesday claimed that his associate Tahawwur Rana was opposed to his (Headley's) links with the terror group Lashkar-e-Taiba (LeT).
 
Headley, 56, said that Pakistani national Rana -- who ran an immigration consultancy in Chicago, US, had knowledge that he worked as an operative of the LeT.
 
The revelation came during Headley's cross-examination by Abdul Wahab Khan, lawyer of another alleged LeT terror operative Abu Jundal, before the Special Court of Judge G.A. Sanap, via video-conferencing from a US jail where he his serving a 35-year sentence.
 
"Rana was aware of my association with LeT and I informed him about the training imparted to me by LeT operatives. I also told Rana that I was spying for LeT... That must be around four-five months before the 26/11 Mumbai terror attacks," Headley told Khan.
 
"Rana had objected to my association with LeT... He asked me to stop using his office in Mumbai. I conceded to his objections and took steps to close down the office in July 2008," Headley added.
 
When asked by lawyer Khan about his business activities and the income from it, Headley said he had invested in it by buying four-five shops in the United Arab Emirates.
 
To a question whether the LeT funded him for his various activities, Headley countered by revealing that actually it was he (Headley) who donated money to the terror group.
 
"It was for various things and I have donated round Pakistani rupees six-seven million, the last being in 2010," Headley informed the court when asked whether his funding was used for terror acts.
 
However, Headley declined to answer questions posed about his wife Shazia, with whom he continues to be legally wedded.
 
"She never visited India... I had informed her about my association with the LeT. Originally, she is from Pakistan, I don't want to disclose Shazia's present location... I will not answer any questions about her," he made it clear to Khan.
 
On her reaction to his disclosures, Headley said he did not want to speak about it.
 
"It (reaction) is between me and her... It's our personal relation and don't want to disclose whether she objected or not or what she said," Headley said, adding that she was aware of his plans to change his name from Dawood Gilani to David Coleman Headley.
 
When Khan persisted on questions about Shazia, Special Public Prosecutor Ujjwal Nikam objected and pointed out that under Indian Evidence Act Section 122, the communication between a husband-wife is a privileged one and need not be disclosed.
 
Headley's cross-examination, which was due to start Tuesday was taken up on Wednesday after his weeklong deposition was conducted in February.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Big fight brewing at IDBI between employees union and management over strike call
While the United Platform of IDBI Bank Unions have given a call for three-day strike from 28th March, the Bank management issued a circular asking employees to work on 26th March, the declared holiday being fourth Saturday and termed the strike call as illegal
 
Even as IDBI Bank employees' unions are preparing for their four-day countrywide strike from 28th to 31st March 2016 to oppose the government's move to dilute its stake in the bank, the management has issued a circular calling the strike as illegal. According to reports, the bank management has even issued notice to keep all braches open on 26th March, which is fourth Saturday of the month when all banks remain closed.
 
In a regulatory filing, IDBI Bank said, "A section of employees of the Bank have served a Notice of Strike from 28th to 31st March 2016. If the strike materialises, normal banking services may be affected. In order to minimise the inconvenience to customers, the Bank has decided to keep all its offices open on 26 March 2016. Further, on the days of strike, if the same materialises, services through alternate delivery channels viz. ATMs, internet banking, mobile banking etc., will remain available as usual."
 
AV Vitthal Koteshwar Rao, convenor of the United Platform of IDBI Bank unions, and his team are meeting bank employees across the country to make the strike successful. When Rao and his team reached the corporate banking group (CBG) branch to address employees, the Chief General Manager called up the police and also locked his cabin. Later, during the discussion with four officers, he (the CGM) reportedly said he had not done anything illegal (by calling police) and all these things are under the executive director (ED) for human resources (HR). However, this cannot be verified.
 
 
During his talk with employees, Rao told them not to get distracted by the circular (for calling the strike as illegal) as every time the unions have given a call, the management had called it as illegal only. "Our strike for 28th to 31 March 2016 is final and until we receive any communication from our general secretary, we will not roll back the call," Rao said.
 
Some employees fear that if they decide to join the strike, then they may be suspended. But the unions are assuring them that the suspension would be revoked in a few working days. Rao is meeting Jayant Sinha, state minister for finance in a day or two and is likely to discuss the issues of employee suspension and the strike call.
 
The union leaders are also advising employees to follow certain rules during the strike. This includes not obstructing any person from entering or leaving the bank branch, not to demonstrate in branch premises, and not to say anything against the bank to customers. These three points are termed as punishable under Section 36AD of the Banking Regulation Act, 1949.  
 
Last month, Finance Minister Arun Jaitley announced that the government, which holds 80% stake in IDBI, proposes to reduce its equity in IDBI Bank to below 50%. "The process of transformation of IDBI Bank has already started. Government will take it forward and also consider the option of reducing its stake to below 50%," Jaitley told the parliament.
 
In another development, Singapore government owned Temasek Holdings Pvt Ltd and General Insurance Corp of India (GIC) are interested in buying a stake in IDBI, says a report quoting an official from Indian government. Moreover, shareholders of IDBI Bank have given their permission to raise Rs1,500 crore via share issue to Life Insurance Corp of India (LIC), say another report.
 
Meanwhile, according to reports, International Finance Corporation (IFC), a member of the World Bank Group, has completed due diligence of IDBI Bank on Friday. In addition, the Bank Board has approved in-principle, the rupee bond issuance of up to Rs20,000 crore to be borrowed in one or more tranches comprising of Senior / Infrastructure Bonds, Basel III compliant Tier II,  Additional Tier I Bonds by way of private placement or public issue during FY2016-17 or during one year from the date of passing of the special resolution by shareholders at the ensuing annual general meeting (AGM) of the Bank.

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COMMENTS

Suketu Shah

9 months ago

NaMo shd sell this bank off first before all customers leave the bank.

TIHARwale

9 months ago

Employees of IDBI should realise that they are a bunch of fools who didn't protest when corrupt officials were disbursing loans to a KFA when the borrower had already ceased to operate. So at this junction the strike will not gain public sympathy rather only attract derision. Also when all other PSBs are working the strike by IDBI will have no impact staff losing salary for being on strike. So attend to work, Govt will not bring down the stake below 51% as it has not done so far in any other PSB

Ramesh Poapt

9 months ago

crucial matter for all concerned!
ML-pl track the same and update us with the development,as the same will have multiple serious impact!

Brussels attack: CCTV footage, cab driver give clue on suspects
Brussels : A day after two explosions in Brussels airport and one at a metro station left 34 people killed and over 200 injured, authorities were examining surveillance footage to nab suspects in Tuesday's explosions, a media report said.
 
Islamic State (IS) claimed responsibility for the coordinated attacks. Authorities, however, said it was too soon to say for sure whether the terror group was behind the blasts.
 
In images from surveillance footage, a man wearing light-coloured clothes and a hat pushes a baggage cart through the airport, CNN reported on Wednesday.
 
Police so far have released photos of three men they say are suspects in the airport attack, standing side-by-side.
 
Two men, wearing black in surveillance images, are believed to be suicide bombers who died in the explosions in the airport's departure lounge.
 
Investigators believe the one in light-coloured clothing planted a bomb at the airport, then left. Authorities called him a wanted man and sought public help to track him down.
 
"The third man left a bomb in the airport, but it did not explode. And we are now looking for this guy," Belgium Interior Minister Jan Jambon said.
 
A photograph released by investigators shows the three suspects side-by-side.
 
Federal Prosecutor Frederic Van Leeuw said the two men wearing black in the photograph were likely the suicide attackers.
 
A break in the investigation may have come from a taxi driver who took the suspects to the airport.
 
The driver contacted authorities after seeing surveillance footage and gave them the address where he picked the men up, according to two US officials briefed on the investigation.
 
Investigators found a nail bomb, chemical products and an IS flag during a house search in the Brussels neighbourhood of Schaerbeek, Belgium's federal prosecutor said in a statement.
 
Hours later, they were still combing through the building for evidence.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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