Accused in facebook fake post on Parrikar, released on bail

first_imgA city Judicial Magistrate First Class(JMFC) court on Friday granted bail to Kenneth Silveira, who was arrested by Crime Branch of Goa for posting fake information about Chief Minister Manohar Parrikar’s “death” on Facebook.He was released on a personal bond of ₹10,000.In a related development, members of civil society staged a protest outside the Goa Police headquarters here on Friday morning condemning the arrest. Kenneth, 35, was arrested by the Police on Wednesday night, a day after he put a post on Facebook wall claiming Parrikar, who is currently undergoing treatment in the U.S., was “no more”. A First Information Report was filed after a local BJP worker filed a complaint with the police, and he was arrested, with investigators claiming that he was not cooperating with the probe. A few members of civil society staged a protest outside the state police headquarters accusing the police of trying to muzzle free speech. The Opposition parties have also criticised the police for arrest of Silveira, who incidentally had contested the 2017 by-poll in Panaji, where he had lost to Chief Minister Parrikar.Superintendent of Police Karthik Kashyap said that the investigation would continue.last_img read more

Two criminals shot dead in U.P. encounter

first_imgTwo notorious criminals were killed in an encounter with police in New Mandi area here on Tuesday, an official said.They were involved in several cases of loot and murder. Rohit alias Sandu and Rakesh were carrying cash rewards of ₹one lakh and ₹50,000 on their heads, respectively, ADG Prashant Kumar said. During the encounter, two policemen also sustained injuries, he said. Police have seized two pistols, cartridges and a motorcycle, Mr. Kumar added.last_img

Naidu leads protest rally against Anna Hazare’s arrest

first_imgThe so-called crusade against corruption launched by noted social activist Anna Hazare is up for hijack by Telugu Desam Party president N Chandrababu Naidu to run down the ruling Congress party and gain political mileage in Andhra Pradesh.Apparently aiming at projecting himself as “Andhra Anna Hazare,” Naidu on Tuesday led a massive rally with hundreds of party workers in Hyderabad in protest against the arrest of the veteran Gandhian in New Delhi.Later, he staged a dharna along with party leaders at the Tank Bund on the banks of Hussainsagar lake, demanding immediate release of Anna. He strongly condemned the arrest of Anna and announced that he would go on day-long fast in support of the fight against corruption. The TDP president is also contemplating taking up indefinite fast in New Delhi in the first week of September on corruption and also agricultural crisis in the state.The exact date would be decided after discussion at the politburo meeting, party sources said. Ironically, Naidu himself had faced several charges of corruption during his nine-year rule between 1995 and 2004. Some of the allegations that he had faced during his regime were: promotion of his own company Heritage Foods at the cost of government dairy in Chittoor district, kickbacks during the land acquisition for Yeleru reservoir and social welfare hostels in Visakhapatnam, granting of excise contractors on extraneous considerations that caused a loss of Rs 500 crore to the state exchequer, allotment of 1000 acres of land for IMG-Bharata in the name of development of international sports complex etc.advertisementAt one stage, the CPI-M brought out a booklet against Naidu in the name of: “Chandrababu Zamana, Avineeti Khazana” (Chandrababu’s rule was the most corrupt), which formed the basis for former chief minister Y S Rajasekhara Reddy to attack him in and out of the assembly. However, there has been no case of corruption pending against Naidu at present.The TDP president was holding a meeting of the party’s extended executive committee meeting at NTR Trust Bhavan, the party’s headquarters at Banjara Hills, when the reports of Anna’s arrest reached him. He immediately cancelled the meeting and announced that he would take out a rally in support of the arrested Gandhian.Setting aside his party flag, Naidu held the national flag and went on a 10-km long march from the party office to Ambedkar Statue at Tank Bund. Hundreds of party workers including MLAs participated in the rally and many others passers-by joined it midway. After reaching the Tank Bund, he garlanded the statue of Ambedkar and sat on a dharna till evening.The protesters demanded immediate release of Anna Hazare and his supporters. They raised slogans of “Down with corrupt government” and “Bring Jan Lokpal bill”. The protest threw traffic out of gear in busy areas like Punjagutta, Khairatabad, Secretariat and Tank Bund. “The response to the rally was overwhelming and spontaneous. It shows how the people are fed up with the corrupt Congress government. We will continue this fight till we achieve the goal,” senior TDP leader Yanamala Ramakrishnudu said.Meanwhile, the arrest of Anna evoked strong reaction from opposition parties, civil society groups and youth and student organizations in various universities across the state. Though the normal life was not disrupted much, there were protest rallies and relay hunger strikes in various parts of the state. At Indira Park in Hyderabad, hundreds of youth and students under the banner of India Against Corruption, Hyderabad chapter, took out a rally protest against Anna’s arrest. They demanded immediate release of the veteran social worker. Some activists also launched a three-day fast at Indira Park to express solidarity with Anna.Rallies and fasts are also being held in Vijayawada, Guntur, Visakhapatnam, Vijayanagaram, Nizamabad and other towns. Students of Sri Venkateshwara University in Tirupati, Sri Krishna Devaraya University in Anantapur and JNTU in Kadapa also launched relay hunger strikes in support of Hazare. On Monday night, various organisations like Young India took out candlelight rallies at Tank Bund in support of Hazare.Lok Satta party president Dr Jayaprakash Narayan said with the arrest of Anna, the UPA government had lost the people’s support and moral right to rule the country. He demanded autonomous status to investigating agencies like CBI and ACB, besides extending the Jan Lok Pal institutions across the country.Noted social activist and former union energy secretary Dr E A S Sarma also expressed shock and distress at the arrest of Anna and his team. “It is nothing but a blatant attempt to shield the corrupt and gag the voice of the people of this country against the scourge of corruption and black money in India. The government’s motives are clear. We appeal to the civil society organizations all over the country to support Anna Hazare, despite differences in perception, if any, as his struggle against corruption is the people’s struggle against the well entrenched corrupt,” Dr Sarma said.advertisementlast_img read more

Danaos Sinks to Loss due to Hanjin Impairments

first_imgzoom Athens-based containership owner Danaos Corporation swung to a net loss of USD 366.2 million in 2016 from a profit of USD 117 million in 2015, largely impacted by the bankruptcy of South Korea’s Hanjin Shipping. The company saw a decrease in operating revenues as well, which went down to USD 498.3 million in 2016 from USD 567.9 million in 2015.During the fourth quarter of 2016, Danaos posted a net loss of USD 446.6 million, compared to a profit of USD 6.5 million seen in the same quarter of 2015. Revenues for the quarter amounted to USD 112.1 million against USD 143.3 million recorded in Q4 2015.“Danaos’ results for the fourth quarter of 2016 reflect the impact of the bankruptcy of Hanjin Shipping, which previously chartered eight of our vessels on long term charter party agreements representing approximately 20% of our fixed contracted revenue. These charter party agreements were terminated, and each of the chartered vessels was returned to us,” John Coustas, Danaos’ CEO, commented.After Hanjin canceled the charters, Danaos’ fleet utilization decreased to 90.4% in Q4 2016.“We have re-chartered five 3,400 TEU vessels on short term charters at market rates that reflect the prevailing weak chartering environment and managed to secure employment of up to 12 months starting from April 2017 for the remaining three 10,100 TEU vessels. Excluding the effect of these cancellations, our fleet utilization increased to 99.5% compared to 98.3% in the fourth quarter of 2015,” the firm’s CEO added.Coustas further said that, as a result of the decrease in Danaos’ operating income and charter attached values, the firm was in breach of certain financial covenants as of December 31, 2016, for which it has obtained waivers until April 1, 2017. As the waivers are for a period less than 12 months after the balance sheet date, all of the debt has been classified as current on the December financial statements.Danaos revealed it has submitted to the Bankruptcy Court of Seoul an unsecured claim for unpaid charter hire, charges, expenses and loss of profit against Hanjin totaling USD 597.9 million.As of December 2016, Danaos recorded an impairment loss of USD 415.1 million related to 25 of its vessels, compared to an impairment loss of USD 41.1 million in relation to 13 of the company’s ships.Danaos’ fleet is currently comprised of 59 containerships with an aggregate tonnage of 353,586 TEUs, including four vessels owned by Gemini Shipholdings Corporation, a joint venture between the company and its largest shareholder.last_img read more