HSBC secret accounts: Income Tax department to begin prosecution action

NEW DELHI: The Income Tax department has decided to begin prosecution action against those having "substantial" amounts in their bank accounts in HSBC's Geneva branch.

The department has now written to the finance ministry to suggest a benchmark for funds held on the basis of which the I-T department can initiate legal action for tax evasion and tax theft.

Top sources said a benchmark of about Rs five crore is being mulled for initiating court proceedings against those Indians whose names have figured on the secret list of HSBC Geneva, supplied to India by the French government.

All others below the benchmark amount, the sources said, could be penalised under I-T laws and the amount can be realised from them by way of raising a comprehensive tax demand.

The sources said a number of individuals or entities who have figured in these accounts, also searched and probed by the I-T department, held small balances ranging from few thousands to lakhs of rupees and, hence, a policy has to be made as to how many will be prosecuted and how many penalised under tax theft laws.

"A policy framework will be decided and action would be taken on a case-to-case basis," the sources said.

The I-T department, through the finance ministry, has already approached Swiss revenue authorities for banking data of certain individuals after investigations showed some of them reportedly had other accounts under fictitious names.

The department has already begun a country-wide I-T assessment of those entities whose names have figured in these secret lists.

India had obtained data of over 700 HSBC accounts from French government channels last year.

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CDC: HIV spread high in young gay males

NEW YORK (AP) — Health officials say 1 in 5 new HIV infections occur in a tiny segment of the population — young men who are gay or bisexual.

The government on Tuesday released new numbers that spotlight how the spread of the AIDS virus is heavily concentrated in young males who have sex with other males. Only about a quarter of new infections in the 13-to-24 age group are from injecting drugs or heterosexual sex.

The Centers for Disease Control and Prevention said blacks represented more than half of new infections in youths. The estimates are based on 2010 figures.

Overall, new U.S. HIV infections have held steady at around 50,000 annually. About 12,000 are in teens and young adults, and most youth with HIV haven't been tested.

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Online:

CDC report: http://www.cdc.gov/vitalsigns

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Study Finds Most Pork Contaminated


Nov 27, 2012 6:24pm








A sample of raw pork products from supermarkets around the United States found that yersinia enterocolitica, a lesser-known food-borne pathogen, was present in 69 percent of the products tested, according to a study released today by Consumer Reports.


The  bacteria  infects more than 100,000 Americans a year, according to the Centers for Disease Control and Prevention, but  for every case that is confirmed with a laboratory test, about 120 more cases escape diagnosis. Symptoms can include fever, cramps and bloody diarrhea.


For its sample, Consumer Reports included the same pork products millions of Americans buy every day at their supermarkets. The study included 148 pork chops and 50 ground pork samples from around the United States.


In the samples tested, 69 percent tested positive for yersinia and 11 percent for enterococcus, which can indicate fecal contamination that can lead to urinary-tract infections. Salmonella and listeria, the more well-known bacterium, registered at 4 percent and 3 percent, respectively.


“The results were concerning,”  Urvashi Rangan, one of the authors of the report, told ABCNews.com. “It’s hard to say that there was no problem.  It shows that there needs to be better hygiene at animal plants. Yersinia wasn’t even being monitored for.”


In a written statement, the Pork Producer’s Council questioned the methods used by Consumer Reports, saying the number of samples tested, 198, did  ”not provide a nationally informative estimate of the true prevalence of the cited bacteria on meat.”


Despite the findings, Rangan said  it’s good to know that the bacteria can be killed by cooking the pork properly and by being vigilant about cross-contamination.


Pork cuts should be cooked to 145 degrees, while ground pork needs to reach a temperature of 160 degrees to kill the bacteria.


“Anything that touches raw meat should go into the dishwasher before touching anything else,” Rangan said. ”Juices from raw meat that touch the counter should be washed with hot soapy water.”


The U.S. Department of Agriculture  said the findings “affirm that companies are meeting the established guidelines for protecting the public’s health.


“USDA will remain vigilant against emerging and evolving threats to the safety of America’s supply of meat, poultry and processed egg products, and we will continue to work with the industry to ensure companies are following food safety procedures in addition to looking for new ways to strengthen the protection of public health,” the department said in a statement.


ABC News’ Dr. Anita Chu contributed reporting. 



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Arafat's grave opened for poison tests

RAMALLAH, West Bank (Reuters) - Forensic experts took samples from Yasser Arafat's buried corpse in the West Bank on Tuesday, trying to determine if he was murdered by Israeli agents using the hard-to-trace radioactive poison, Polonium.


Palestinians witnessed the funeral of their hero and longtime leader eight years ago, but conspiracy theories surrounding his death have never been laid to rest.


Many are convinced their icon was the victim of a cowardly assassination, and may stay convinced whatever the outcome of this autopsy. But some in the city of Ramallah where he lies deplored the exhumation.


"This is wrong. After all this time, today they suddenly want to find out the truth?" said construction worker Ahmad Yousef, 31, who stopped to watch the disinterment, carried out behind a wall of blue plastic near the Palestinian presidency headquarters.


"They should have done it eight years ago," he said.


French magistrates in August opened a murder inquiry into Arafat's death in Paris in 2004 after a Swiss institute said it had discovered high levels of polonium on clothing of his which was supplied by his widow, Suha, for a television documentary.


"Samples will be taken according to a very strict protocol and these samples will be analyzed," said Darcy Christen, spokesman for Lausanne University Hospital in Switzerland that carried out the original tests on Arafat's clothes.


"In order to do these analyses, to check, cross-check and double cross-check, it will take several months and I don't think we'll have anything tangible available before March or April next year," he added.


Arafat was always a freedom fighter to Palestinians but a terrorist to Israelis first, and a partner for peace only later. He led the bid for a Palestinian state through years of war and peacemaking, then died in a French hospital aged 75 after a short, mysterious illness.


No autopsy was carried out at the time, at the request of Suha, and French doctors who treated him said they were unable to determine the cause of death.


But allegations of foul play immediately surfaced, and many Palestinians pointed the finger at Israel, which confined Arafat to his West Bank headquarters in Ramallah for the final two and a half years of his life after a Palestinian uprising erupted.


Israel denies murdering him. Its leader at the time, Ariel Sharon, now lies in a coma from which he is expected never to awake. Israel invited the Palestinian leadership to release all Arafat's medical records, which were never made public following his death and still have not been opened.


FRENCH INVESTIGATORS


Polonium, apparently ingested with food, was found to have caused the death of former Russian spy Alexander Litvinenko in London in 2006. But some experts have questioned whether Arafat could have died in this way, pointing to a brief recovery during his illness that they said was not consistent with radioactive poisoning. They also noted he did not lose all his hair.


Eight years is considered the limit to detect any traces of the fast-decaying polonium and Lausanne hospital questioned in August if it would be worth seeking any samples, if access to Arafat's body was delayed as late as "October or November."


Not all of Arafat's family agreed to the exhumation, and his wife Suha chose not to attend the operation she had prompted.


Working in parallel with the forensic team, French magistrates were in Ramallah this week to ask if members of Arafat's inner circle might be able to shed light on his death.


One source told Reuters the French had a list of 60 questions, and had questioned one man for five hours.


Many Palestinians acknowledge that a Palestinian would almost certainly have had to administer any poison, wittingly or unwittingly.


(Writing by Crispian Balmer; Editing by Douglas Hamilton and Tom Pfeiffer)


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Two errant lawyers suspended for overcharging clients






SINGAPORE: Two lawyers who face disciplinary action for overcharging will be suspended for three months each from January.

The penalty was handed down on Tuesday by Judges of Appeal Chao Hick Tin, Andrew Phang and V K Rajah.

They backed the findings of a disciplinary tribunal that Ang Chin Peng was guilty of misconduct between 1999 and 2004, while Martin Decruz was guilty of improper conduct between 2005 and 2007.

Ang and Decruz have to bear the costs of the court proceedings, as well as pay costs to the Law Society, which brought the charges against them.

They had grossly inflated the bills to about $566,000 when a court-based assessment showed that the amount should have been $170,000.

The complaints were filed by a grandson of Mr Quek Seng Kee and Madam Leong Siew Fong, whose estates were handled by the two lawyers.

The two lawyers argued that an agreement with their clients pegged the fee to an estate's assets whose worth rose over the years.

The disciplinary tribunal maintained that the charges should be fair, based on the work done.

Ang and Decruz, who were partners of law firm ALD LLP which dissolved in July 2010, have about 20 years standing in the profession.

Justice Chao, who delivered the judgement of the High Court, pointed out that the level of overcharging amounted to grossly improper conduct.

None of the work done was in any sense complex.

He said the lawyers have an overriding duty to charge fairly and stressed that the final bill must not be grossly disproportionate to the time spent on the matter

As for the lawyers' argument that they were deprived of a fair hearing as they were not given the opportunity to rebut the allegations before the disciplinary tribunal, Justice Chao said the disciplinary tribunal was clearly entitled to examine whether the fee agreements were fair and reasonable.

He said the lawyers had blatantly sought to rely on the oral fee agreements to render bills which were wholly out of proportion to the nature or the measure of the services they provided.

He said their conduct is "redolent of dishonesty and deceit, and threatens to bring the legal profession into disrepute".

"Such conduct must be regarded as grossly improper," he said.

Justice Chao noted that the total fees charged are three to four times more than the total amount eventually awarded after taxation.

In absolute figures, the total difference is around $400,000.

"Such a huge difference in the figures can only be regarded as egregious and can hardly be justified," he said.

"The fact that the executors and trustees of the two estates agreed to such an agreement merely demonstrates that they did not understand the extent of the legal services required and what were the appropriate fees for those services."

Justice Chao said the judges have no doubt that the lawyers had deliberately misled the clients to think that the proposed fees which the clients had agreed to were in accordance with the norm.

He added that their actions have affected the integrity of the profession.

The judges also noted that the errant lawyers have not shown any signs of remorse or contrition and "sought to strenuously argue that the two oral agreements provided them with a complete cover".

- CNA/de



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Caste violence rocks Tamil Nadu again; dalit colony attacked, 8 injured

CUDDALORE: An angry mob attacked a dalit colony and torched their houses and belongings at Pacharapakkam village near Vadalur in Cuddalore district in north Tamil Nadu on Tuesday morning. The provocation apparently was that a group of dalit men teased a non-dalit girl. Eight dalits were injured in the attack while eight houses and two two-wheelers were set on fire. The mob also damaged a van belong to a dalit.

Police said a group of dalit men teased a girl belonging to a dominant caste in the village. The girl complained to her parents and relatives. Angered by the incident, the non-dalits went on the rampage, attacking the dalits living in a nearby colony. They set dalit houses and 2-wheelers on fire and damaged the windscreens of a van. A police team from Vadalur and nearby stations rushed to the spot and brought the situation under control. More than 100 policemen were posted at the village to prevent any untoward incident.

The incident comes just days after a few villages in Dharmapuri witnessed caste violence after a dalit youth married a girl from the Vanniyar caste, higher up in the caste echelon. Violence erupted on November 7 after the girl's father committed suicide, upset with the inter-caste marriage.

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Bounce houses a party hit but kids' injuries soar

CHICAGO (AP) — They may be a big hit at kids' birthday parties, but inflatable bounce houses can be dangerous, with the number of injuries soaring in recent years, a nationwide study found.

Kids often crowd into bounce houses, and jumping up and down can send other children flying into the air, too.

The numbers suggest 30 U.S. children a day are treated in emergency rooms for broken bones, sprains, cuts and concussions from bounce house accidents. Most involve children falling inside or out of the inflated playthings, and many children get hurt when they collide with other bouncing kids.

The number of children aged 17 and younger who got emergency-room treatment for bounce house injuries has climbed along with the popularity of bounce houses — from fewer than 1,000 in 1995 to nearly 11,000 in 2010. That's a 15-fold increase, and a doubling just since 2008.

"I was surprised by the number, especially by the rapid increase in the number of injuries," said lead author Dr. Gary Smith, director of the Center for Injury Research and Policy at Nationwide Children's Hospital in Columbus, Ohio.

Amusement parks and fairs have bounce houses, and the playthings can also be rented or purchased for home use.

Smith and colleagues analyzed national surveillance data on ER treatment for nonfatal injuries linked with bounce houses, maintained by the U.S. Consumer Product Safety Commission. Their study was published online Monday in the journal Pediatrics.

Only about 3 percent of children were hospitalized, mostly for broken bones.

More than one-third of the injuries were in children aged 5 and younger. The safety commission recommends against letting children younger than 6 use full-size trampolines, and Smith said barring kids that young from even smaller, home-use bounce houses would make sense.

"There is no evidence that the size or location of an inflatable bouncer affects the injury risk," he said.

Other recommendations, often listed in manufacturers' instruction pamphlets, include not overloading bounce houses with too many kids and not allowing young children to bounce with much older, heavier kids or adults, said Laura Woodburn, a spokeswoman for the National Association of Amusement Ride Safety Officials.

The study didn't include deaths, but some accidents are fatal. Separate data from the product safety commission show four bounce house deaths from 2003 to 2007, all involving children striking their heads on a hard surface.

Several nonfatal accidents occurred last year when bounce houses collapsed or were lifted by high winds.

A group that issues voluntary industry standards says bounce houses should be supervised by trained operators and recommends that bouncers be prohibited from doing flips and purposefully colliding with others, the study authors noted.

Bounce house injuries are similar to those linked with trampolines, and the American Academy of Pediatrics has recommended against using trampolines at home. Policymakers should consider whether bounce houses warrant similar precautions, the authors said.

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Online:

Pediatrics: http://www.pediatrics.org

Trade group: http://www.naarso.com

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AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner

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Co. Paying Just $1,200 for Each Factory Fire Life













A company that makes clothes for Sean Combs' clothing brand ENYCE and other U.S. labels reassured investors that a factory fire that killed 112 people over the weekend would not harm its balance sheet, and also pledged to pay the families of the dead $1,200 per victim.


In an announcement Monday, Li & Fung Ltd., a middleman company that supplies clothes from Bangladesh factories to U.S. brands, said "it wishes to clarify" that the deadly Saturday night blaze at the high-rise Tazreen Fashions factory outside Dhaka "will not have any material impact on the financial performance" of the firm.


The fire broke out on the ground floor of the nine-floor building as hundreds of workers were upstairs on a late-night shift producing fleece jackets and trousers for the holiday rush at American stores, including Wal-Mart, according to labor rights groups. Fire officials said the only way out was down open staircases that fed right into the flames. Some workers died as they jumped from higher floors.


PHOTOS from the factory fire.


After reassuring investors about its financial health, Li & Fung's statement went on to express "deepest condolences" to the families of the dead, and pledge the equivalent of $1,200 to each family. The company also said it would set up an educational fund for the victims' children.








Bangladesh Garment Factory Fire Leaves 112 Dead Watch Video









As reported on "ABC World News with Diane Sawyer" earlier this year, Bangladesh has become a favorite of many American retailers, drawn by the cheapest labor in the world, as low as 21 cents an hour, producing clothes in crowded conditions that would be illegal in the U.S. In the past five years, more than 700 Bangladeshi garment workers have died in factory fires.


READ the original ABC News report.


WATCH the original 'World News' report on deadly factories.


"[It's] the cheapest place, the worst conditions, the most dangerous conditions for workers and yet orders continue to pour in," said Scott Nova, executive director of Worker Rights Consortium, an American group working to improve conditions at factories abroad that make clothes for U.S. companies. Nova said the fire was the most deadly in the history of the Bangladesh apparel industry, and "one of the worst in any country."


Today, U.S. companies extended condolences to the families of the victims, and scrambled to answer questions about the dangerous factory that had been making their clothes.


Wal-Mart inspectors had warned last year that "the factory had violations or conditions which were deemed to be high risk," according to a document posted on-line.


Yet Wal-mart clothing continued to be made at the factory, according to workers groups who found clothing with Wal-Mart's private label, Faded Glory, in the burned out remains along with clothing for a number of other U.S. labels, including ENYCE, Dickies and a brand associated with Sears.


Wal-Mart confirmed Monday that its clothes were being made at the Tazreen factory. Even though Wal-Mart is famed for maintaining tight control over its supply chain, the company said its clothes were being made at the plant without its knowledge.






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Egypt's Mursi to meet judges over power grab

CAIRO (Reuters) - Egyptian President Mohamed Mursi will meet senior judges on Monday to try to ease a crisis over his seizure of new powers which has set off violent protests reminiscent of last year's revolution which brought him to power.


Egypt's stock market plunged on Sunday in its first day open since Mursi issued a decree late on Thursday temporarily widening his powers and shielding his decisions from judicial review, drawing accusations he was behaving like a new dictator.


More than 500 people have been injured in clashes between police and protesters worried Mursi's Muslim Brotherhood aims to dominate the post-Hosni Mubarak era after winning Egypt's first democratic parliamentary and presidential elections this year.


One Muslim Brotherhood member was killed and 60 people were hurt on Sunday in an attack on the main office of the Brotherhood in the Egyptian Nile Delta town of Damanhour, the website of the Brotherhood's Freedom and Justice Party said.


Egypt's highest judicial authority hinted at compromise to avert a further escalation, though Mursi's opponents want nothing less than the complete cancellation of a decree they see as a danger to democracy.


The Supreme Judicial Council said Mursi's decree should apply only to "sovereign matters", suggesting it did not reject the declaration outright, and called on judges and prosecutors, some of whom began a strike on Sunday, to return to work.


Mursi would meet the council on Monday, state media said.


Mursi's office repeated assurances that the measures would be temporary, and said he wanted dialogue with political groups to find "common ground" over what should go in Egypt's constitution, one of the issues at the heart of the crisis.


Hassan Nafaa, a professor of political science at Cairo University, saw an effort by the presidency and judiciary to resolve the crisis, but added their statements were "vague". "The situation is heading towards more trouble," he said.


Sunday's stock market fall of nearly 10 percent - halted only by automatic curbs - was the worst since the uprising that toppled Mubarak in February, 2011.


Images of protesters clashing with riot police and tear gas wafting through Cairo's Tahrir Square were an unsettling reminder of that uprising. Activists were camped in the square for a third day, blocking traffic with makeshift barricades. Nearby, riot police and protesters clashed intermittently.


"BACK TO SQUARE ONE"


Mursi's supporters and opponents plan big demonstrations on Tuesday that could be a trigger for more street violence.


"We are back to square one, politically, socially," said Mohamed Radwan of Pharos Securities, an Egyptian brokerage firm.


Mursi's decree marks an effort to consolidate his influence after he successfully sidelined Mubarak-era generals in August. It reflects his suspicions of a judiciary little reformed since the Mubarak era.


Issued just a day after Mursi received glowing tributes from Washington for his work brokering a deal to end eight days of violence between Israel and Hamas, the decree drew warnings from the West to uphold democracy. Washington has leverage because of billions of dollars it sends in annual military aid.


"The United States should be saying this is unacceptable," former presidential nominee John McCain, leading Republican on the Senate Armed Services Committee, said on Fox News.


"We thank Mr. Mursi for his efforts in brokering the ceasefire with Hamas ... But this is not what the United States of America's taxpayers expect. Our dollars will be directly related to progress toward democracy."


The Mursi administration has defended his decree as an effort to speed up reforms that will complete Egypt's democratic transformation. Yet leftists, liberals, socialists and others say it has exposed the autocratic impulses of a man once jailed by Mubarak.


"There is no room for dialogue when a dictator imposes the most oppressive, abhorrent measures and then says 'let us split the difference'," prominent opposition leader Mohamed ElBaradei said on Saturday.


WARNINGS FROM WEST


Investors had grown more confident in recent months that a legitimately elected government would help Egypt put its economic and political problems behind it. The stock market's main index had risen 35 percent since Mursi's victory. It closed on Sunday at its lowest level since July 31.


Political turmoil also raised the cost of government borrowing at a treasury bill auction on Sunday.


"Investors know that Mursi's decisions will not be accepted and that there will be clashes on the street," said Osama Mourad of Arab Financial Brokerage.


Just last week, investor confidence was helped by a preliminary agreement with the International Monetary Fund over a $4.8 billion loan needed to shore up state finances.


Mursi's decree removes judicial review of decisions he takes until a new parliament is elected, expected early next year.


It also shields the Islamist-dominated assembly writing Egypt's new constitution from a raft of legal challenges that have threatened it with dissolution, and offers the same protection to the Islamist-controlled upper house of parliament.


"I am really afraid that the two camps are paving the way for violence," said Nafaa. "Mursi has misjudged this, very much so. But forcing him again to relinquish what he has done will appear a defeat."


Many of Mursi's political opponents share the view that Egypt's judiciary needs reform, though they disagree with his methods. Mursi's new powers allowed him to sack the prosecutor general who took his job during the Mubarak era and is unpopular among reformists of all stripes.


(Additional reporting by Yasmine Saleh and Marwa Awad in Cairo and Philip Barbara in Washington; Editing by Peter Graff and Philippa Fletcher)


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Israel defence minister Barak quits politics






JERUSALEM: Israel's Defence Minister Ehud Barak announced on Monday that he was quitting political life after a decades-long career that also saw him serve as prime minister.

Barak, 70, made the surprise announcement at a press conference in Tel Aviv, adding that he would retire from politics after a new government is formed in the wake of January elections.

"I have decided to resign from political life and not participate in the upcoming Knesset elections," Barak said.

"I will finish my duties as defence minister with the formation of the next government in three months," he added, saying that he wanted to spend more time with his family.

Barak's announcement came as political observers had speculated the long-time politician would announce he was joining another political party ahead of the January 22 elections.

Many suspected he might pair up with former foreign minister Tzipi Livni to run on a centrist ticket, after she quit the centre-right Kadima party following her loss in a primary vote.

But few believed that Barak would announce he was quitting political life altogether, in a decision that caps a tumultuous year for him.

In January, he resigned from the Labour party where he had spent his entire political life, leading his newly-formed Independence faction into the government of Prime Minister Benjamin Netanyahu.

He had taken the Labour party into the coalition against the wishes of many of its members, who objected to the hawkish bent of Netanyahu's government.

- AFP/jc



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