IMF chief Christine Lagarde on trial in France over tycoon case

first_imgInternational Monetary Fund (IMF) chief Christine Lagarde will face trial in France on Monday over a huge state payout case to a business tycoon during her tenure as the French finance minister.An Agence France-Presse (AFP) report said Lagarde allegedly mishandled a dispute with Bernard Tapie, the former owner of sportswear giant Adidas, during her term as finance minister, which resulted in payment of massive $427 million compensation to the business tycoon by the state. He has since been asked to repay the amount after a lengthy court battle.The IMF chief, however, denied the charges of negligence arguing that she had acted “in the state’s interest.” If found guilty, Lagarde could receive a one-year prison sentence along with $15,900 fine, the report said. She will be tried by the Court of Justice of the Republic, a tribunal that hears cases against ministers.Meanwhile, the case threatens the credibility of IMF, whose last three managing directors have faced trials. It also poses risk to the image of 60-year-old Lagarde, who has a stellar career progression from a former corporate lawyer to the finance minster of France to head the world’s most powerful funding agency — IMF.According to the report, Tapie, who owned Adidas between 1990-1993, had accused a state bank of defrauding him in his sale of the sportswear firm and was fighting a legal battle against the state. On becoming finance minister in 2007 under Nicolas Sarkozy, Lagarde had ordered that Tapie’s long-running battle with the state be resolved by arbitration.Investigators suspected that the arbitration process was rigged in favour of Tapie, who had supported Sarkozy in his 2007 presidential election campaign. Although Lagarde was not accused of being personally benefited from the decision, she had been criticised for failing to challenge the huge payout award in favour of Tapie.last_img read more

BNP resumes nomination letters distribution

first_imgLogo of BNPBNP resumed the distribution of its nomination letters among its selected candidates on the second day today (Tuesday) for contesting the upcoming national election, reports UNB.The distribution for the second day started at the party chairperson’s Gulshan office around 12:45pm with handing over a party ticket to Shahria Islam Shaila for Faridpur-4 seat.Later, Mohammad Shahidul Islam and Emaran Saleh Prince received the party’s nomination letters for Faridpur-2 and Mymensingh-1 constituencies respectively.Like the previous day, a large number of supporters of party nomination hopefuls started gathering in front of the BNP chairperson’s office since 10am.On Monday, BNP secretary general Mirza Fakhrul Islam Alamgir started the process by handing over the nomination letters of its chairperson Khaleda Zia to Bogura BNP president Saiful Islam for Bagura-6 and to her adviser Helaluzzaman Lalu for Bogura-7 at 3:15pm.Fakhrul said they have nominated two candidates in most seats while single ones only in the constituencies of party senior leaders.He said they keep additional runners to replace in case of any candidate’s nomination is annulled during scrutiny.The party, however, still did not disclose how many candidates received nomination letters on Monday.Two popular singers — Rumana Islam Kanak Chapa and Baby Naznin – received BNP’s nomination letters on Monday to contest the election from Sirajganj-1 and Nilphamari-4 seats respectively.Besides, Awami League’s ex-MP Golam Maula Rony joined BNP and collected the its nomination letter on Monday evening.The BNP leaders who got party tickets from Dhaka division include Aman Ullah Aman (Dhaka-2), Gayeshwar Chandra Roy (Dhaka-3), Salahuddin Ahmed (Dhaka-4) Nabiullah Nabi (Dhaka-5), Abul Basahr ((Dhaka-6), Mirza Abbas (Dhaka-8), Habib-un-Nabi Sohel (Dhaka-9) and Abdus Salam (Dhaka-13), Khairul Kabir Khokan (Narsingd-1), Sanaullah Miiah (Narsingd-3, Fakir Mahubub Anam Swapan and Sarker Shaheed (Tangail-1), Sultan Saluddin Tuku and his elder brother Shamsul Alam Tofa (Tangail-2), Mainul Islam and Lutfur Rahman Khan Azad (Tangail-3), Lutfur Rahman Matin and Abdul Halim (Tangail-4), Maj Gen (retd) Mahmudul Hasan and Saidul Haque (Tangail-5), Gautam Chakraborty and Nurmohammad Khan (Tangail-6) and Abdul Kalam Azad and Saidul Islam Khan (Tangail-7), Those who got nomination letters from Khulna division are Joyanta Kumar Kunda and Asaduzzaman (Jhenaidah-1), Abdul Mazid and M Moshiur Rahman (Jhenaidah-2), singer Monir Khan and Mehdi Hasan Rony (Jhenaidah-3), Saiful Islam Firoz and Shahiduzzaman Beltu (Jhenaidah-4), Masud Arun (Meherpur-1) and Jabed Masud Milton and Amjad Hossain (Meherpur-2).Missing BNP leader M Ilias Ali’s wife Tahsina Rushdir Luna (Sylhet-2) also collected the party’s nomination letter.Those BNP leaders received nomination letters under Barishal division are Jahir Uddin Swapan and Abdus Sobhan (Barishal-1),Syed Moazzem Hossain Alal, Sharfuddin Ahmed Santu and Shahidul Haque Jamal (Barishal-2), Advocate Zainul Abedin and Selima Rahman (Barishal-3), Mejbah Uddin Farhad and Rajib Ahsan (Barishal-4), Mujibur Rahman Sarwar and Ebadul Haque Chand (Barishal-5), Abul Hossain Khan and Prof Abdur Rashid Khan (Barishal-6),Shahjahan Omar and Rafiqul Islam Jamal (Jhalakati-1),Ishrat Jahan Elen Bhutto and Jeba Rahman (Jhalakati-2), Ruhul Amin Dulal and Shahjahan Mia (Pirojpur-3), Matiur Rahman Talukdar and Nazrul Islam Mollah (Barguna-1),Nurul Islam Moni (Barguna-2), Altaf Hossain Chowdhury and Suraiya Akhter Chowdhury (Patuakhali-1), Shahidul Alam Chowdhury and Salma Alam (Patuakhali-2), Golam Maula Rony, Hasan Mamun and Md Shahjahan (Patuakhali-3), ABM Mosharaf Hossain and Moniruzzaman (Patuakhali-4), Hafiz Ibrahim and Rafiqul Islam (Bhola-2), Hafiz Uddin Ahmed and Kamal Hossain (Bhola-3) and Nazimuddin Alam and Nurul Islam Nayan (Bhola- 4).BNP announced no candidate for the Bhola-1 constituency as the party will share it with Bangladesh Jatiya Party (BJP) Party chairman Andaleeve Rahman Partho.The nomination hopefuls under Rangpur division include Naushad Zamir and Towhidul Islam (Panchagarch-1), Barrister Tasmia Prodhan and Farhad Hossain Azad (Panchagrach-2), Mirza Fakhrul Islam Alamgir (Thakurgaon-1), M Abdus Salam and Julfikar Mortuza Chowdhury, (Thakurgaon-2), Jahedul Islam Jahid and Ziaul Islam Zia (Thakurgaon-3), Manjurul Islam and Mamunur Rashid Chowdhury (Dinagpur-1), Sadik Reaz and Bazlur Rashid (Dinagpur-2), Syed Jahangir Alam and Dr Mazharul Islam Dolan (Dinagpur-3), Hafizur Rahman Sarker and Akhtaruzzaman Miah ((Dinagpur-4), Rjwanul Haque and Jakaria Bachchu (Dinagpur-5), Lutfur Rahman and Sohidul Islam Shahin (Dinagpur-6.), Khandaker Ziaul Islam and Mozharul Islam (Gaibandha-1), Mhmudunabi Tutul and Ahad Ahmed (Gaibandha-2), Dr Moinul Hasan Sadik (Gaibandha-3), Obaidul Haque and Faruk Alam (Gaibandha-4), Hasan Ali and Faruk Kabir (Gaibandha-5), Mosharraf Hossain Sujan (Rangpur-1), Wahiduzzaman Mamun and Mozaffar Ali (Rangpur -2), Rita Rahman (PPB) and Mozaffar Ahmad (Rangpur-3), Emdadul Haque Bharsa (Rangpur-4), Solaiman Alam and Dr Momtaz (Rangpur-5), Saiful Islam (Rangpur-6).Rafiqul Islam, Nancy Rahman Kabir (Nilphamari-1), Shamsuzzaman Jamal and Kazi Akhtaruzzam (Kabir (Nilphamari-2), Fahmida Foysal (Kabir (Nilphamari-3), Salahuddin Helal (Lalmonirhat 2) abd Asadul Habib Dulu (Lalmonirhat 3), Abul Hasnat Kaikobad (Kurigram -1), Abu Bakar Siddique (Kurigram-2), Tajvirul Islam and Abdul Khaleque (Kurigram-3), Azizur Rahman and Mokhlesur Rahman (Kurigram-4) are among the aspirants.Those who got BNP tickets from Rajshahi division are Faisal Amin and Fazlur Rahman (Joypurhat-1), Golam Mostafa and Abu Yusuf Khalilur Rahman ((Joypurhat-2), Kazi Rafiqul Islam and Mohammad Shokrana (Bagura-1), Abdul Muhith Talukder and Masuda Momen (Bagura-3), Golam Mohammad Siraj and Jane-e-Alam (Bagura-5), Kamrun Nahar Shirin and Taiful Islam Tipu (Natore-1), Sabina Yasmin and Ruhul Kuddus Talukder Dulu (Natore-2), Daud Mahmud and Anwar Hossain Anu (Natore-3), and Abdul Aziz(Natore-4), Md Shahjahan Miah and Belal Baki (Chapainawabganj-1), Anwarul Islam (Chapainawabganj-2), Abdul Wahed and Harunur Rashid (Chapainawabganj-3), Salek Chowdhury, Mustafizur Rahman and Masud Rana (Naogaon-1), Shamsuzzaman Khan, Khaja Nazibullah Chowdhury (Naogaon-2), Rabiul Alam Bullet and Parvez Arefin Siddique Jony (Naogaon -3), Shamsul Alam Pramanik and Ekramul Bari Tito (Naogaon -4), Zahidul Islam and Nazmul Haque Soni (Naogaon-5), Alamgir Kabir and Sheikh Rezaul Islam (Naogaon-6) Aminul Haque (Rajshahi-1), Mizanur Rahman Minu and Sayed Hasan (Rajshahi-2), Matiur Rahman Montu and Shafiqul Haque Milon (Rajshahi-3), Abu Hena and Md Abdul Gafur (Rajshahi-4), Nadim Mustafa and Nazrul Mondol (Rajshahi-5), Abu Sayeed Chan and Nuruzzaman Khan Manik (Rajshahi-6) and Asadul Habib Dulu (Lalmonirhat-3).Kanak Chapa and Nazmul Hasan Rana (Sirajganj-1), Romana Mahmud and Iqbal Hasan Mahmud Tuku from (Sirajganj-2) Ainul Haque and Abdul Mannan Talukder (Sirajganj-3), Amirul Islam Alim and Rakibul Karim Khan Pappu (Sirajganj-5), Kamruddin Yahia Khan Majlish and Dr AM a Muhith (Sirajganj-6), AKM Selim Reza Habib and Hasan Jafir Tuhin (Pabna-2), AKM Anwarul Islam and Fakhrul Azam (Pabna-3), Habibur Rahman Habib and Sirajul Islam Khan (Pabna-4) and Shamsur Rahman Shimul Biswas (Pabna-5), are also among the BNP leaders who got party nomination letters under Rajshahi division.BNP leaders who received nomination letters under Chattogram division include Barrister Mahbubuddin Khokon and Mamunur Rashid (Noakhali-1), Zainul Abedin Farroque and Kazi Mofizur Rahman (Noakhali-2), Barkatullah Bulu and Mazharul Islam Dolan (Noakhali-3), Mohammad Shahjahan (Noakhali-4), Moudud Ahmed (Noakhali-5) and Fazlul Azim (Noakhali-6), Abul Khaier Bhiyan (Laxmipur-2), Shahiduddin Chowdhury Anee (Laxmipur-3), and Ashrafuddin Nizan (Laxmipur-4), Abdul Awal Mintoo (Feni-3) and VP Zainal (Feni-3), and Dipen Dewan and Moni Swapan (Rangamati).END/UNB/ARJ/SAMlast_img read more

Four killed in a series of Nepal blasts

first_imgNepalFour men died and seven were injured Sunday in three separate explosions in Kathmandu, Nepali police said.There was no immediate claim of responsibility but police said they suspect involvement of a Maoist splinter group whose pamphlets were found in a house where one of the explosions took place.A powerful blast inside a shop killed three people and injured four, while the explosion at a home about four kilometres away left one dead and another injured.Two more were injured when an explosive they were carrying on a motorcycle in the outskirts of Kathmandu exploded.Security personnel also defused explosives in other areas.”We are investigating all incidents and have stepped up the security,” police spokesman Bishwa Raj Pokharel told AFP.Pokharel said that seven people have been arrested so far.The incidents come on the eve of a nationwide strike called the same Maoist splinter group, protesting death of their cadre in a police encounter over a week ago.Nepal has enjoyed a relatively peaceful environment since the end of a decade-long civil war which concluded with a peace deal struck in 2006.But some former guerrillas, have broken away, accusing its leaders of betraying their original revolutionary ideals.In February, the group was implicated in an explosion that killed one person outside the office of a telecom company Ncell, part of Malaysia-based Axiata Group Berhad.The government outlawed the group following the incident, banning their activities.last_img read more

Texas School Official Removed Over Books White Supremacist Symbol

first_img Share Fibonacci Blue, WikimediaAt a “March 4 Trump” event, a man holds up a sign reading “Deplorables and Alt-Right Unite,” that features an image of Pepe the Frog. The cartoon character has become a symbol for white supremacist groups.A Texas school district has removed an assistant principal from his post after he authored a children’s book whose central character is also a white nationalist symbol.The Denton school district, north of Dallas-Fort Worth, said in a statement Monday that the publicity generated by Eric Hauser’s work has become a “distraction.” He’s being reassigned to an undetermined post.This summer Hauser self-published “The Adventures of Pepe and Pede,” about a frog and centipede seeking “truth and honesty” against “deceitful forces.”In the district’s statement, Hauser apologized for the negative attention brought to colleagues.Pepe the Frog appeared more than a decade ago in an online cartoon and the Anti-Defamation League says the character has been appropriated by white supremacists and other racists in online memes.last_img read more

Fermilab documenting construction of NOvA—next generation neutrino experiment w video

first_imgThe NOvA experiment uses two detectors: a 222 metric-ton near detector at Fermilab and a much larger 15 metric-kiloton far detector (pictured here) in Minnesota just south of the U.S.-Canada border. Scientists will detect a small fraction of the neutrinos in a near-detector at Fermilab and in a larger far-detector in Minnesota looking for signals that the neutrinos are changing from one type to another on their trip. Citation: Fermilab documenting construction of NOvA—next generation neutrino experiment (w/ video) (2014, February 3) retrieved 18 August 2019 from https://phys.org/news/2014-02-fermilab-documenting-novanext-neutrino-video.html More information: www-nova.fnal.gov/ Fermilab sends first neutrino beam to NOvA experiment Explore further Neutrinos are subatomic particles, electrically neutral and still rather mysterious. Scientists believe that studying them may help lead to fully understanding what everything in the universe is ultimately made of—may physicists believe that unlike other particles, neutrinos don’t get their mass from the famous Higgs boson . Another unique thing about neutrinos is that they don’t interact much with other regular matter, instead they tend to pass right through it—billions of them are passing through each of us every second.To better understand neutrinos, researchers would like to know what happens to them as they travel, that’s what’s behind NOvA—a project that has an international team of physicists, engineers, technicians and even students building a massive two part experiment. The first part is essentially a neutrino gun—located in Batavia, Illinois—it will create neutrinos and fire them at the second site located in Ash River, Minnesota—it’s over 500 miles away which means the neutrino beam will have to travel through portions of the Earth to get there. Upon arrival, the neutrinos will be captured by a very large (14,000 ton) piece of plastic that has been fashioned into liquid filled chambers, each with neutrino detecting gear.By all measures it’s a massive project, and Fermilab clearly wants the public to know where its tax dollars are being spent. They’ve hired video professionals to not only document the construction of the two facilities, but to interview many of the people involved in the effort, from physicists, to site managers to students volunteering to help. (Phys.org) —Fermilab, run by the U.S. Department of Energy is going to great lengths to document and make known the work that is being done to build the country’s next generation neutrino experiment—a twin campus endeavor known as NOvA that will shoot neutrino’s from one site to another located over 500 miles apart. In documenting the project, Fermilab is opening a window into the vast network of people and processes that are needed to undertake building a modern physics research facility. It also helps explain why it’s so expensive, even when there is a lot of free labor provided by students.The basic equipment at both sites is expected to be completed and installed sometime this spring—the electronics will be put in later this summer. © 2014 Phys.org This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more