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U.S. slaps sanctions on Chinese firm for corruption in Cambodia

The United States has imposed sanctions on a state-owned Chinese company that it said was involved in corrupt activities and seized land in Cambodia to build a development project that could be used to host military assets.

“There are credible reports that the coastal development project at Dara Sakor could be used to host PRC military assets, and if so would go against Cambodia’s Constitution and could threaten Indo-Pacific stability, possibly impacting Cambodia’s sovereignty and the security of our allies,” Secretary of State Mike Pompeo said Tuesday.

“Today’s action demonstrates how the Chinese Communist Party coopts companies to expand its influence, including by working through corrupt officials to use military force against innocent people in a blatant attempt to secure illicit financial gains,” he said.

Pompeo said the Cambodian government granted China’s Union Development Group (UDG) a 99-year lease in 2008 for the development of the project on a site that encompasses almost 20 percent of the country’s coastline.

After falsely registering as a Cambodian-owned entity to receive land, UDG reverted to its true ownership and continued to operate without repercussions, said Treasury Secretary Steven Mnuchin, adding that the US is committed to using the full range of its authorities to target these practices wherever they occur.

Pompeo said UDG was founded as a wholly-owned PRC corporation but became a Cambodian enterprise to receive the lease for nearly 90,000 acres of land. It then went back to being Chinese-owned after acquisition of the lease and resulting land, he said.

In conjunction with a former Cambodian Army official, the Cambodian military cleared the leased land by force using violent tactics, he alleged.

The then Royal Cambodian Armed Forces chief of staff, Kun Kim (Kim), reaped significant financial benefit from this relationship with UDG, he said.

Kim was previously designated by the US for his role in corruption under the Global Magnitsky sanctions programme in December 2019. The land in question is also considered part of Botum Sakor National Park, a protected natural area, Pompeo said.

He said the US stands with the Cambodian people and “calls on the world to join us in condemning corruption and environmental degradation“.

According to the Department of Treasury, China used UDG’s projects in Cambodia to advance ambitions to project power globally. UDG-funded activities have forced Cambodians from their land and devastated the environment, hurting the livelihoods of local communities, all under the guise of converting Cambodia into a regional logistics hub and tourist destination, the Treasury Department alleged.

As is too often the case with Beijing’s One Belt One Road initiative, these activities have disproportionately benefited China, at the expense of the Cambodian people, it said.

“Of additional concern are media reports that the Cambodian government spokesperson, Phay Siphan, said that Dara Sakor could be converted to host military assets,” it said adding that a permanent Chinese military presence in Cambodia could threaten regional stability and undermine the prospects for the peaceful settlement of disputes, the promotion of maritime safety and security, and the freedom of navigation and overflight.

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Printable version | Sep 16, 2020 4:51:18 AM | https://www.thehindu.com/news/international/us-slaps-sanctions-on-chinese-firm-for-corruption-in-cambodia/article32615879.ece

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U.S. slaps sanctions on Chinese firm for corruption in Cambodia

Sikkimese warrior doctor stays put to fight Covid-19 spread in Rajkot | Rajkot News - Times of India

Sikkimese warrior doctor stays put to fight Covid-19 spread in Rajkot

Dr Sange Lepcha (2nd from left), is doing her PG in ENT department
Rajkot: Coming from the heights of the Himalayas, this lady doctor from Sikkim can now communicate in Gujarati with her patients.
Meet Dr Sange Lepcha, who is doing her post graduation in the ENT department of the Pandit Deendayal Upadhyay (PDU) Medical College in Rajkot.
“When the first wave of coronavirus swept across the country, I could have gone home to Gangtok in Sikkim, but I chose to stay here and serve the patients,” says Dr Lepcha.
“Initially, we used to take 200 samples. Some of the patients would puke on us while giving the samples. Yet, we would remain undeterred. These days, we collect more than 400 samples every day. We also go out of the hospital premises to collect the samples,” describes Dr Lepcha, who has to work while putting on PPE kit through out the day.
After clearing National Eligibility cum Entrance Test (NET) in 2016, Dr Lepcha had the option to take admission in Rajkot. “I knew the fact that Mahatma Gandhi had studied in Rajkot. Also, women are safe in Gujarat is the fact that I have personally experienced,” she says.
“The streets are safe to walk at nights in Rajkot. People of Rajkot are friendly in nature and helpful,” she adds with a smile.

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    U.S. slaps sanctions on Chinese firm for corruption in Cambodia

    RTI Reveals VK Sasikala May Be Released From Jail In Jaunary 2021: Report

    RTI Reveals VK Sasikala May Be Released From Jail In Jaunary 2021: Report

    "As per prison records, convict prisoner number 9234 Sasikala's 'probable date of release' is January 27, 2021, provided in-default fine amount is paid as awarded by the honourable court," Superintendent of Central Prison at Parappana Agrahara, R Latha said in response to an RTI query.

    RTI Reveals VK Sasikala May Be Released From Jail In Jaunary 2021: Report

    VK Sasikala is serving a four-year term in a corruption case in Bengaluru. (File)

    Bengaluru:

    Late Tamil Nadu Chief Minister J Jayalalithaa's aide VK Sasikala, serving a four-year term in a corruption case in Bengaluru, may be released from jail next January provided she paid the fine amount of Rs 10 crore, Karnataka Prison department has said.

    VK Sasikala, lodged at the Parappana Agrahara Prison in Bengaluru, was convicted and sentenced in February 2017 in the Rs 66 crore disporportionate assets case.

    "As per prison records, convict prisoner number 9234 Sasikala's 'probable date of release' is January 27, 2021, provided in-default fine amount is paid as awarded by the honourable court," Superintendent of Central Prison at Parappana Agrahara, R Latha said in response to an RTI query.

    The reply was to the query by activist T Narasimha Murthy on September 11.

    Ms Latha added Sasikala's "probable date of release" would be February 27, 2022 if the fine is not paid.

    The officer explained the probable date of release may vary if Sasikala utilises a parole facility.

    She will have to pay Rs 10 crore to walk out of prison on January 27, 2021, else spend another 13 months behind bars.

    After the Supreme Court restored the trial court judgement against Sasikala and two of her close relatives in the disproportionate assets case, (VN Sudhakaran and J Elavarasi), she surrendered before the court in Karnataka on February 15, 2017 and has been lodged in Parappana Agrahara Central Jail.

    Her two relatives are also undergoing four years simple imprisonment and all three of them were slapped with a fine of Rs 10 crore each.

    With the death of Jayalalithaa in 2016, who was the first accused in the case, the appeal by Karnataka against her stood abated.

    Last week, Sasikala's counsel had expressed hope of her early release, possibly by the end of this month, citing remission for good conduct.

    As per norms, three days of remission for good conduct is available for every month in jail and so far, she has completed 43 months, making her eligible for a reduction of 129 days in prison,

    "The Karnataka Prison Manual does not have any provision barring remission to those convicted for offences under the Prevention of Corruption Act.

    "As per the manual, I strongly believe that she will be released by the month end," her advocate N Raja Senthoor Pandian had said.

    When the remission of 129 days is applied, the release will be during the month end and not the previously expected date of January 2021, he had said.

    Sasikala has already spent a total of 35 days in jail in 1997 and 2014 and availed a 17 day parole in 2017, which is deducted from the period she already served, he had said.
     

    (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

    U.S. slaps sanctions on Chinese firm for corruption in Cambodia

    Claims from Covid to increase health loss ratios in second half of this financial year: ICICI Securities - The Financial Express
    • MORE MARKET STATS

    Claims from Covid to increase health loss ratios in second half of this financial year: ICICI Securities

    By: |
    September 16, 2020 3:35 AM

    Currently more and more are coming from the Covid treatments but a the non-Covid claims normalise, the health loss ratio would worsen in second half of FY21.

    While for the month of July GDPI of health insurance was Rs 4,979 crore.While for the month of July GDPI of health insurance was Rs 4,979 crore.

    The claims arising from the Covid-19 are expected to increase health loss ratios in the second half of the current financial year. ICICI Securities in its report says if assumed that Covid claims maintain a run rate of $150m per month (Rs 1,105 crore) from September, the total FY21 Covid claim amount would be around $1.4bn (Rs 10,500 crore).

    As on September 10, general insurance companies have received around 2.07 lakh claims from Covid-19 patients for over Rs 3,300 crore and have settled over 1.30 lakh claims amounting to Rs 1,260 crore. The gross direct premium income (GDPI) of health insurance in the period between April and July was Rs 18,415 crore shows the data from Insurance Regulatory and Development Authority of India. While for the month of July GDPI of health insurance was Rs 4,979 crore.

    “Assuming August was similar at Rs 5,000 crore, the total health GDPI till August end works out to `23,400 crore (US$3.2bn). Hence, total Covid-related claims till August end was approximately 11% of the total health GDPI,” said ICICI Securities in its report on General Insurance. It also says that industry reports suggest that reinsurers are hesitant to underwrite the Covid risk. This has been a major challenge for pricing of insurance policies covering Covid treatment.

    Currently more and more are coming from the Covid treatments but a the non-Covid claims normalise, the health loss ratio would worsen in second half of FY21.

    “Rising Covid claims against the backdrop of normalisation in non-Covid claims is set to put health loss ratios under pressure in H2FY21. While exponential increase in Covid claims will lead to cut in earnings estimates, well-funded insurers stand to gain market share in health insurance in the longer run,” said ICICI Securities. From `181 crore in June, claims from novel Coronavirus have risen to Rs 2,665 by end of August.

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    U.S. slaps sanctions on Chinese firm for corruption in Cambodia

    Harsh Vardhan: Re-Purposed Hydroxychloroquine Being Used For Mild, Moderate Covid Cases

    Re-Purposed Hydroxychloroquine Being Used For Mild, Moderate Covid Cases: Harsh Vardhan

    According to the data shared by the minister, the Department of Pharmaceuticals has increased the production of hydroxychloroquine manifold.

    Re-Purposed Hydroxychloroquine  Being Used For Mild, Moderate Covid Cases: Harsh Vardhan

    India has also exported HCQ to more than 140 countries, Harsh Vardhan said (File)

    New Delhi:

    Re-purposed hydroxychloroquine is being used for mild but high risk and moderate COVID-19 cases, Union Health Minister Harsh Vardhan said in Rajya Sabha on Tuesday.

    According to the data shared by the minister, the Department of Pharmaceuticals has increased the production of hydroxychloroquine manifold and the health ministry has issued 10.84 crore tablets of the drug to states and union territories as on September 11.

    "India has also exported it (hydroxychloroquine) to more than 140 countries," Mr Vardhan said.

    He also said there is a plan to conduct trial of ayurvedic medicines such as aswagandha, guduchi, pippali etc to prevent people from getting infected from COVID-19.

    The minister said no specific antivirals have been proven effective so far and symptomatic treatment for fever and cough, appropriate rehydration, supplemental oxygen therapy remains the mainstay of treatment.

    "We have re-purposed the drug hydroxychloroquine for mild (but high-risk cases) and for moderate cases. This was done with limited scientific evidence but well acknowledging that this drug has been used widely in India for other ailments where it is used for prolonged periods of time, with good safety profile," Mr Vardhan said.

    The government has also made provisions for investigational therapies and has also been made for using Remdesivir, Convalescent plasma and Tocilizumab for managing severe cases under close medical supervision, he said.

    There are thirteen clinical trials of repurposed drugs and harnessing of traditional knowledge using the modern medicine approach are building a portfolio of therapeutic options for COVID-19 patients.

    Phase 2 clinical trial of immunomodulator Sepsivac has been completed successfully and clinical trial of the first-ever phytopharmaceutical ACQH is underway, the minister said.

    "One prophylactic trial of Aswagandha and three trials of Guduchi + Pippali; Yashtimadhu; and polyherbal AYUSH drug (AYUSH-64) are planned on moderately ill Covid19 patients," he said.

    The minister said that more than 30 vaccine candidates have been supported which are in different stages of development, 3 candidates are in advanced stage of Phase I, II and III trials and more than 4 are in advanced pre-clinical development stage in India.

    Government action of nationwide lockdown, community involvement etc has prevented up to 38 thousand deaths and 29 lakh COVID-19 cases in the country, the minister said.

    He said a total of 45,62,414 confirmed cases and 76,271 deaths have been reported in India out of which as many as 35,42,663 cases, 77.65 per cent of total, have recovered.

    "The maximum cases and deaths have been primarily reported from Maharashtra, Andhra Pradesh, Tamil Nadu, Karnataka, Uttar Pradesh, Delhi, West Bengal, Bihar, Telangana, Odisha, Assam , Kerala & Gujarat. All these States have reported more than one lakh cases," Mr Vardhan said.

    He said that government efforts have been able to limit its cases and deaths per million to 3,328 cases per 10 lakh and 55 deaths per 10 lakh population respectively, which is one of the lowest in the world as compared to similarly affected countries.

    The minister informed Rajya Sabha that from a situation of a single laboratory equipped to undertake testing for COVID in January, presently 1705 laboratories are conducting COVID-19 Testing.

    According to the minister, the COVID-19 test has reached 10 lakh tests a day which translates to 720 tests per 10 lakh population per day.

    The central government has issued orders to purchase 60,948 ventilators to meet any contingencies and as on September 11, states have been allocated 32,109 ventilators of which 30,170 have been delivered.

    (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

    U.S. slaps sanctions on Chinese firm for corruption in Cambodia

    Getting it right on Covid: Surging infections is not surprising given the complacence - The Financial Express
    • MORE MARKET STATS

    Getting it right on Covid: Surging infections is not surprising given the complacence

    By: |
    September 16, 2020 3:15 AM

    Equally worrying is the shortage of oxygen. Maharashtra has decided to retain 80% of the oxygen produced for local use—from 50% earlier—thereby restricting exports to other states.

    The secret of Kerala’s early success in containing the pandemic lay in effective contact-tracing when it was able to track 35-40 persons per patient.The secret of Kerala’s early success in containing the pandemic lay in effective contact-tracing when it was able to track 35-40 persons per patient.

    While the government has done well to prevent, going by its narrative, around 14-29 lakh infections and 37-78,000 deaths thanks to its lockdowns as well as augmenting the health infrastructure, there is today a severe shortage of both hospital beds and ventilators in major infection areas. While the Union health minister Harsh Vardhan spoke of the number of dedicated isolation beds going up by 36.3 times and dedicated ICU beds by nearly 25 times since March, the facilities in several cities are woefully inadequate. In a hotspot like Pune, for instance, there are no spare ventilators in either government or private hospitals, and very few ICU beds are now vacant. Moreover, 86% of hospital beds are occupied at a time when the city is reporting close to 2,000 new infections every day. In Mumbai, too, only 6% of the total number of ventilators are now available for new patients, and 94% of the ICU beds are occupied; this is worrying because the city has seen a resurge in infections with the caseload jumping 15% in the first 12 days of September. It is now likely several sick people may be turned away from hospitals.

    Equally worrying is the shortage of oxygen. Maharashtra has decided to retain 80% of the oxygen produced for local use—from 50% earlier—thereby restricting exports to other states. News reports say both Madhya Pradesh and Karnataka are facing a shortage of oxygen. Given that even in June, the serosurvey had suggested a high national prevalence of 0.73%, the preparedness should have been of a much higher degree. Creating health infrastructure is actually the job of state governments, but if the Centre is taking credit for the hike in capacity, it has to face the flak for the shortages. Besides, giving more funds from PMCares may have made creating extra capacity easier for the states.

    In this context, the efforts at both testing and contact-tracing have fallen short of what is needed; the Aarogya Setu app, which was launched in April, could have been used far more effectively and not enough has been done to create awareness about it. The secret of Kerala’s early success in containing the pandemic lay in effective contact-tracing when it was able to track 35-40 persons per patient. After the initial rigour, contact-tracing seems to have lost momentum; some states are barely tracking 14-15 people per infected person, many even less. Perhaps hiring volunteers to do the job would have worked better than deploying existing municipal or government staff since the latter have been overloaded with other responsibilities. This can still be initiated. Also, both the Centre—and states—need to roll out awareness campaigns to push citizens to use the Aarogya Setu app and also enlist the support of telcos to ensure more downloads. The cost of putting a few thousand youngsters to work is minimal, but the efforts can be very rewarding. Rather than remaining complacent about the fatality rate being only 1.7%, we need to create more healthcare facilities; else the infection curve could stay steep.

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    U.S. slaps sanctions on Chinese firm for corruption in Cambodia

    Bandhu not a Cong man yet, free to protest land bill: Oraon | Ranchi News - Times of India

    Bandhu not a Cong man yet, free to protest land bill: Oraon

    Ranchi: Amid protests at the 22 circle offices in Ranchi on Tuesday against the proposed Land Mutation Bill organised by Mandar MLA Bandhu Tirkey, state finance minister (also the state Congress chief) Rameshwar Oraon said the former is free to protest as he is yet to formally become a part of the Grand Old Party. Tirkey was ousted from Babulal Marandi-led JVM-P after it was merged with BJP recently.
    “It is yet to become a law and the Hemant Soren government is always open to constructive opinions for larger interest of the people of Jharkhand,” Oraon said. “I concede land is an important and sensitive issue in Jharkhand and hence any decision related to it will only be through greater consultations,” he added.
    Besides Tirkey, BJP is also against the bill, whose Section 22 gives protection to land and revenue department officials responsible for registration, mutation and other works from any civil and criminal case, thereby granting immunity even in case of wrongdoings.
    Oraon said, “Bandhuji is free to protest as he isn’t officially a part of Congress even though he had joined us. The party’s proposal of his joining Congress is still pending in the assembly.” Oraon added, “We have spoken to him to know about his apprehensions and concerns regarding the bill and have asked him to put it formally in the party forum during the legislative party meet before the Monsoon session on September 17. He has informed us that he will come.”
    On Monday, K K Soan, secretary of the state land and revenue department, which drafted the bill, had defended it stating that it was meant for larger reforms and not to protect tainted officials or those who discharge their duties with wrong intentions.
    Speaking over phone, Tirkey said, “He (Soan) yesterday (Monday) said the government will be independent in acting against erring officials, but I want to know what are the yardsticks fixed in the bill to decide who is wrong? I have a list of over 2,000 cases of land frauds in Ranchi alone pending for years. What is the need to hurry on such crucial bills at a time when there exists a slew of unsolved cases? The bill needs to go back till it is pro-people.”

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      Sardar Sarovar Dam inches away from peak level | Vadodara News - Times of India

      Sardar Sarovar Dam inches away from peak level

      Water level in the dam reached 137.99 metres on Tuesday
      Bharuch/Vadodara: Sardar Sarovar dam is just a few inches away from reaching its full reservoir level of 138.68 metres. On Tuesday, water level in the dam reached 137.99 metres that is just 10 inches away from the maximum permitted storage level of 138 metres. This is the second time in the last one year that the dam’s water has reached the peak level.
      On September 15 last year, waters in the dam had reached the peak height just two days before PM Narendra Modi’s birthday that falls on September 17. Sources in the Sardar Sarovar Nigam Ltd (SSNL) said that inflow of water from the upstream was recorded at 55,213 cusecs and outflow in downstream is 54,701 cusecs. Six units
      The inflow of water from upstream on Tuesday evening is recorded 55,213 Cusec and outflow discharge in downstream of river is 54701 cusec and 13500 for power bed for electricity generation. The dam’s active storage capacity reached around 5,935 million cubic meter, said a SSNL official. Six units of river bed power houses of 200 megawatt each are currently operational.

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