Tag: finance

  • Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

    Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

    December 07, 2024,Singapore : With a series of organisational and strategic upgrades in 2024, Ant International, a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+, Antom, WorldFirst and Embedded Finance.

    Alipay+ expanded its vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, the two business fintech services. The new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses.

    “2024 has been a transformative year for Ant International,” said Peng Yang, Chief Executive Officer of Ant International. “We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance.”

    Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.

    Among Ant International’s notable progresses in 2024 so far:

    Alipay+: Ant International’s cross-border mobile payment and digitalisation technology solutions.

    Alipay+ leads the industry in collaboration with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants in 66 markets to 1.6 billion user accounts. It has also formed strategic partnerships with national standardised QR schemes, such as Singapore’s SGQR, Malaysia’s PayNet, South Korea’s ZeroPay, Cambodia’s KHQR, Nepal’s NepalPay QR and Sri Lanka’s LankaPay.
    Among the global merchants accepting QR code payments via Alipay+, over 90% are SMEs, reflecting Ant International’s focus on inclusive digital transformation.
    Cross-border transactions of global payment partners together (excluding Alipay) via Alipay+ registered three times year-on-year increase in 2024, where Alipay maintains the leadership.

    Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International.

    Antom: a leading merchant payment and digitisation services provider, offering one-stop, vertical-specific digital payment solutions to merchants of all sizes.

    Total payment volume (TPV) of Antom’s direct acquiring services nearly doubled between January and November 2024 over same period of 2023.
    Antom continues to strengthen its payment processing capabilities across all payment channels. Antom’s card processing volume grew over 10 times from that of previous year, while delivering top notch authorization rates to its global enterprise merchants.
    Antom continues to launch tech-driven innovative solutions to provide more secure and efficient services at lower cost to its customers. Antom Copilot helped enhance operational efficiency for merchants by reducing the payment channel integration time from 5 to 10 days to only a few minutes. Antom EasySafePay streamlined digital wallet payments procedures, eliminating the need to redirect from merchant checkout page to the user’s wallet app, and offers full account takeover protection to wallet users, and lead to significant payment success rate increase.

    WorldFirst: a one-stop digital payment and financial services platform for global businesses.

    In 2024, five years after its acquisition, WorldFirst achieved an annual TPV of US$100 billion, four times that of 2020. This marks its transformation into the world’s leading one-stop digital payment and financial services platform for cross-border businesses.
    Accumulatively, WorldFirst has served more than 1 million SMEs globally, with a total TPV surpassing US$300 billion and an ever-strengthening growth momentum as it expands footprints from Asia and Europe to the rest of the world.

    Under Embedded Finance, our Credit Tech and Platform Tech teams leverage cutting-edge AI and blockchain technologies to innovate secure, end-to-end embedded finance solutions to clients and partners across Alipay+, Antom and WorldFirst businesses, ranging from risk-modelling, cross-border settlement, FX and liquidity management, to credit and lending services for underserved SMEs and individuals.

    In line with G20’s commitment to lower cross-border payment costs via technology innovation, Platform Tech developed a world-leading Time-Series Transformer AI FX Model to help multi-national merchants in airline, e-commerce and other sectors to improve treasury management efficiency and reduce cost. Our FX solutions predict real-time local currency needs by the hour, with an accuracy of over 90%, significantly lowering cost and uncertainty for not only our own operations but millions of merchants, including SMEs.

    Through collaborative innovation with global financial institutions, we leverage blockchain technology to provide 24/7 real-time cross-border settlement serviceability to our global business and clients. In 2024, the blockchain solution supported over one third of Ant International’s total processing volume.

    In 2024, leveraging AI-powered Credit Tech and Risk Tech capabilities, Ant International added to ANEXT Bank, its Singapore-based MSME-focused digital bank, a new inclusive credit service under the brand bettr. Today in emerging markets including Bangladesh and Indonesia, bettr collaborates with local fintech partners to enable over 11 million unserved micro businesses and individuals, most first-time borrowers, to acquire uncollateralized loan services based on more accurate and fairer credit ratings.
    In 2024, loans under management across Ant International’s SME financing services more than doubled compared to 2023.

    “In 2025, we will continue to be laser-focused on supporting SMEs across borders with AI-powered innovative and trusted payment, digitalisation, and inclusive financing solutions through expanded public- and private-sector collaboration,” said Yang.


    Praveen

  • Indian-origin comic Kabir Singh dies at 39; Americas Got Talent mourns loss

    Kabir ‘Kabeezy’ Singh, the 39-year-old Indian-origin comedian known for his sharp wit and captivating stage presence, passed away. Kabir appeared on Comedy Central and Family Guy, and had gained widespread recognition as a semi-finalist on America’s Got Talent Season 16.

    Indian-origin comic Kabir Singh. Photo courtesy: www.instagram.com/kabeezycomic
    Indian-origin comic Kabir Singh. Photo courtesy: www.instagram.com/kabeezycomic

    According to several media reports, Kabir died in San Francisco on December 4, where local authorities have launched an investigation into his sudden passing.

    While natural causes have not been ruled out, insiders have reportedly revealed he had been grappling with ongoing health complications. A toxicology report is pending to determine the exact cause.

    His death was mourned by AGT. The official X page of the popular show said it is “deeply saddened to hear” of the passing of the comic.

    Who was Kabir Singh?

    Kabir was a comedian known for his sharp wit and relatable humour. A semifinalist on America’s Got Talent Season 16, Kabir captured the audience’s hearts with his confident stage presence and hilariously self-deprecating jokes.

    Born to Indian immigrant parents, Kabir’s comedy often drew on his multicultural upbringing, blending anecdotes about family, relationships, and cultural clashes with impeccable comedic timing.

    Before his breakthrough on AGT, Kabir had already established himself as a prominent figure in the comedy circuit, performing across the USA and earning accolades for his performances at major comedy festivals. His ability to connect with diverse audiences made him a sought-after performer, known for leaving his fans in stitches.

    Kabir discovered his love for comedy at the age of nine when his family relocated to Mumbai. Teased for being the ‘American kid’, he learned to navigate social dynamics by mastering three languages to communicate and entertain. At 13, Kabir returned to the USA.

    One of the highlights of his career is sharing the stage with comedy giants like Dave Chappelle, Jo Koy, and Russell Peters. He regularly toured with stars such as Anjelah Johnson and Aries Spears.

    (The article is published under a mutual content partnership arrangement between The Free Press Journal and Connected to India)

  • Syrian rebels now control over 80 percent of Daraa city: Reports 

    Syrian rebels now control over 80 percent of Daraa city amid escalating tension
    People flee into Syria from the bombardments in Lebanon.  Photo Courtesy:   UNHCR/Houssam Hariri
     

    Escalating tension in Syria, rebel forces took control over 80 percent of Daraa province, days after Aleppo and Hama fell to the hands of an Islamist-led rebel alliance.

    “Local factions took control over 80% of Daraa province, where the factions advanced in dozens of towns, villages and cities including Base Al-Harir Town, Nawa City, Inkhil City and Mahja Town after the regime forces withdrew from the checkpoints and military headquarters and the regime forces were sieged in Daraa Al-Balad and Ezrae’ and Al-Sanmin Cities,” reported Syrian Observatory for Human Rights.

    “Regime forces targeted Da’ael City in middle Daraa countryside with artillery shells. However, no casualties were reported,” the observatory said.

    Deraa is a strategically crucial region in the country. It is located close to the main crossings on the Jordanian border. It is the region where the pro-democracy protests erupted in 2011 and triggered the civil war.

    More than 280,000 people have been displaced in northwest Syria in a matter of days following the sudden and massive offensive into Government-controlled areas led by Hayat Tahrir al-Sham (HTS), which is sanctioned by the Security Council as a terrorist group.

    Aid has continued to flow from Türkiye across three border crossings into the embattled northwest and the UN World Food Programme (WFP) said that it had opened community kitchens in Aleppo and Hama – cities now reportedly occupied by HTS fighters.

    In neighbouring Lebanon, senior UN aid official Edem Wosornu expressed deep concerns for the safety of more than 600,000 people who have begun to return to their devastated homes, after a ceasefire between Israel and Hezbollah kicked in on 27 November. “I’m sure they are settling back, the problem is what they would find when they go back home,” she told journalists in Geneva, highlighting the potential dangers from unexploded ordnance.

  • India’s Railway Minister shares video of 410-metre Hyperloop test track

    Railway Minister shares video of 410-meter Hyperloop test track.
    Indian Minister shares video of 410-meter Hyperloop test track. Photo Courtesy:  Ashwini Vaishnaw X page video grab

    Marking significant progress in the country’s highspeed transportation ambitions, India’s Railway Minister Ashwini Vaishnaw on Thursday shared a video on X which showed the completion of a 410-meter Hyperloop test track.

    The test track is located at the IIT Madras’ Discovery Campus in Thaiyur, Tamil Nadu.

    It is a result of the collaboration between Indian Railways, IIT-Madras’ Avishkar Hyperloop team and a startup named TuTr Hyperloop.

    Sharing the video, the Union Minister wrote on X: “Bharat’s first Hyperloop test track (410 meters) completed.”

    “Team Railways, IIT-Madras’ Avishkar Hyperloop team and TuTr (incubated startup),” he said.

    According to a press release issued by IIT Madras, the project’s central objective is the advancement and commercialisation of Hyperloop technologies for high-speed, affordable, reliable, and sustainable transportation.

  • Bangladesh is printing currency notes without images of founding father Bangabandhu Sheikh Mujibur Rahman

    Now Bangladeshi currency notes won't feature Bangabandhu Sheikh Mujibur Rahman's images.
    Bangladesh starts printing currency notes without images of Bangabandhu Sheikh Mujibur Rahman. Photo Courtesy: Unsplash

    Bangladesh has started printing new currency notes which will not feature the image of the country’s founding father, Bangabandhu Sheikh Mujibur Rahman.

    The country is reportedly printing the currency notes which will feature the images of the July movement that led to the ouster of former PM Sheikh Hasina-led government.

    Hasina, who fled Bangladesh amid protests against her government in August, is the daughter of Sheikh Mujib.

    According to the central bank, the banknotes of Tk20, 100, 500, and 1000 are being printed as per instruction of the interim government, reported Dhaka Tribune.

    The new currency notes are likely to be introduced in the country within the next six months.

    The officials concerned of the central bank and the Ministry of Finance said the image of Sheikh Mujibur Rahman will be removed from the current notes.

    Initially, the design of the four notes is being changed and the design of all types of banknotes will be redesigned in phases, they told Dhaka Tribune.

    The Finance Institute Division, Ministry of Finance, wrote to the Bangladesh Bank (BB) to submit a detailed design proposal for the new note in September, the newspaper reported.

    BB spokesperson and Executive Director Husneara Shikha told the newspaper: “I hope the new notes could be released in the market within the next six months.”

    Murals with the image of Bangabandhu and even his statues were attacked and vandalised after Hasina escaped to India on August 5 amid severe protests against her government.

    The protests had initially started against a controversial job quota system but soon spiralled into a massive agitation against Hasina, who was the longest serving PM of the South Asian country that was formed in 1971.

    It is suspected that foreign hands were at play in orchestrating the unrest and planning her ouster.

    Nobel laureate Muhammad Yunus-led government took charge of the country just three days after Hasina exited the country. Yunus, known for his closeness to the US Democrats, also accepted later in an event in America that there was “design and conspiracy” involved in the ouster of Sheikh Hasina.

    Bangladesh is currently witnessing protests by minority community members since the arrest of Hindu priest Chinmoy Krishna Das.

    He is allegedly facing sedition charges.

  • Champions Trophy deadlock: ICC, PCB adopt ‘hybrid model’ for hosting international tournaments

    India, Pakistan adopting Hybrid Model for Champions Trophy
    Hybrid Model to host Champions Trophy reached between India, Pakistan and ICC. Photo courtesy: BCCI X handle

    The International Cricket Council (ICC) and the Pakistan Cricket Board (PCB) have reached a consensus to adopt the hybrid model for hosting international tournaments that would be played in India and Pakistan, a step possibly ending all deadlock over hosting the Champions Trophy next year.

    The agreement was reportedly reached during the meeting between ICC chief Jay Shah and PCB chairman Mohsin Naqvi in Dubai.

    The PCB forwarded its formula to the International Cricket Council (ICC), according to which Pakistan and India will play all of their game at a neutral venue for the next three years, sources told ARY News.

    Following the Partnership or Fusion Formula, India will not travel to Pakistan and vice versa for their games in the ICC tournaments scheduled for the next three years.

    Sources told ARY News that the ICC will take a decision on the matter after holding consultations with the Board of Control for Cricket in India (BCCI).

    The eight-team Champions Trophy is planned to take place in Pakistan’s Lahore, Rawalpindi, and Karachi, but its future remains uncertain due to the ongoing dispute between the PCB and the BCCI.

    The BCCI has already informed the ICC that it will not send its team to Pakistan for the tournament, scheduled for February-March 2025.

    If media reports are to be believed, India will need to pay a hefty compensation for not travelling to Pakistan.

    “During the 2026 men’s T20 World Cup, Pakistan will play its matches in Sri Lanka. The compensation demanded by PCB for the Champions Trophy hybrid model is still under consideration,” a source told Indian news agency PTI.

    Apart from Pakistan hosting Champions Trophy next year, India is also scheduled to organise several international tournaments in the country in upcoming years.

    India did not travel to Pakistan to play a cricket tournament since the 2008 Mumbai terror attack.

    The last bilateral series played between the two nations was in 2012, when Pakistan visited India to play cricket.

    India and Pakistan played their last ICC encounter during the T20 World Cup in the USA and West Indies this year.

  • Singapore, home to 47 billionaires, emerges as one of the preferred countries for the ultra wealthy: UBS report

    In the last four years, Singapore has become one of the preferred countries for billionaires, as per UBS’ Billionaire Ambitions Report 2024. It said since 2020, billionaires have relocated more frequently, with 176 having moved from a total population of 2,682 in April 2024. That’s one in 15.

    Singapore is now home to 47 billionaires, 30 more than it was in 2015, as per the UBS report. Representational image of Marina Bay, one of the expensive areas in the country. Photo courtesy: Unsplash
    Singapore is now home to 47 billionaires, 30 more than it was in 2015, as per the UBS report. Representational image of Marina Bay, one of the expensive areas in the country. Photo courtesy: Unsplash

    “They’re moving to countries such as Switzerland, the UAE, Singapore and the United States. In total, billionaires accounting for more than USD 400 billion have emigrated in four years, with the MEA region attracting the most billionaire capital,” the report said.

    “As countries compete to build industries of the future, this is a significant potential investment. By way of comparison, emerging countries will pay a record USD 400 billion to service external debt this year, according to a report released on the eve of IMF / World Bank spring meetings,” it added.

    Currently, Singapore has 47 billionaires, six more than the city-state had in 2023. The country has seen seven new billionaires, while four dropped out from the 2023 list this year. Billionaires in Singapore have a combined wealth of USD 155.5 billion, according to the report. Last year, the 41 billionaires had a total wealth of USD 135.8 billion.

    Wealth tracker- APAC- infographic. Photo courtesy: www.ubs.com
    Wealth tracker- APAC- infographic. Photo courtesy: www.ubs.com

    As per the report, around two-thirds of the billionaires in Singapore are self-made. Nearly a decade ago, the country was home to only 17 billionaires in 2015. In the last nine years, the number has seen an increase by 30, while the total wealth has grown from USD 44.5 billion (2015) to USD 155.5 billion.

    Singapore billionaires have had a rise of 27 percent in their wealth, from USD 2.6 billion in 2015 to USD 3.3 billion in 2024, UBS said.

    According to Benjamin Cavalli, head of strategic clients at UBS Global Wealth Management, “The Covid-19 pandemic was a wake-up call for many people and led them to reassess their lives. Billionaires were no exception.”

    Overall, from 2015 to 2024, the number of billionaires has increased from 1,757 to 2,682, according to UBS. It said 1,877 were self-made billionaires, while 805 inherited the wealth. The wealth grew by 121 percent, from USD 6.3 trillion to USD 14 trillion over the last decade.

  • UnitedHealthcare CEO killing: NYPD issues photos of suspect, search ongoing

    NYPD issues photos of UnitedHealthcare CEO Brian Thompson's suspected killer
    NYPD issues photos of suspected UnitedHealthcare CEO Brian Thompson’s suspected killer. Photo Courtesy: NYPD X page

    The New York Police Department has released images of a man who is wanted in connection with the fatal shooting of UnitedHealthcare CEO Brian Thompson in the Manhattan region of the US city on December 4.

    The search for the killer is currently ongoing.

    NYPD News wrote on X: “Below are photos of a person of interest wanted for questioning regarding the Midtown Manhattan homicide on Dec. 4. This does not appear to be a random act of violence; all indications are that it was a premediated, targeted attack.”

    Police offered USD 10,000 for information leading to an arrest and conviction of the suspect.

    “The full investigative efforts of the NYPD are continuing, and we are asking for the public’s help—if you have any information about this case, call Crime Stoppers at 1-800-577-TIPS (8477). There is a reward of up to $10,000 for information leading to an arrest and conviction,” NYPD News wrote.

    Dressed in a suit and tie, Thompson was walking toward the New York Hilton Hotel in Midtown Manhattan to attend UnitedHealthcare’s annual investor conference when he was fatally shot.

    After striking Thompson, the gunman fled on a bicycle.

    Thompson became the chief executive officer of UnitedHealthcare in April 2021.

    UnitedHealthcare is part of UnitedHealth Group, ranked fifth in the Fortune 500, according to the company.

  • Singapore Bird Paradise welcomes gentoo penguin chicks; rescued rockhopper penguin has a shot at love

    Singapore Bird Paradise new penguins
    Newcomers at Bird Paradise: Rescued rockhopper penguin Pascale; and a gentoo chick nestled under penguin mum. Photo courtesy: Mandai Wildlife Group; Collage: Pixlr

    Outstanding wildlife experiences are among the highlights of leisure and recreation activities in Singapore. The world-famous Singapore Zoo is complemented by Bird Paradise (the successor to Jurong Bird Park), and this year’s festive season is brightened even more by some adorable new arrivals at the spectacular aviary. Two baby gentoo penguins and a rescued rockhopper have joined the Penguin Colony at Bird Paradise.

    Announcing the cute new faces, a media release said: “Bird Paradise’s Ocean Network Express Penguin Cove is celebrating the festive season with exciting new arrivals! Just in time for Christmas, the penguin colony has grown with the addition of a rescued female rockhopper penguin, Pascale. She will join five-year-old Pierre, the park’s only other northern rockhopper penguin — also a rescued individual — with hopes that the two may form a pair bond.

    “But that’s not all — two adorable gentoo penguin chicks have hatched, making this a holiday to remember for both visitors and the penguin family.”

    Bird Paradise is run by the Mandai Wildlife Group. Assistant Vice-President Anaïs Tritto said, “We are excited to welcome Pascale and our charming gentoo penguin chicks to the family. Pascale’s arrival marks a new chapter for Pierre and we look forward to seeing how they would interact and bond.”

    Pascale, female penguin
    Penguin-keeper Nuralyanti Jasni releases Pascale from her crate upon arrival at Bird Paradise. Photo courtesy: Mandai Wildlife Group

    As the rockhopper penguins Pascale and Pierre get a shot at love, Bird Paradise is celebrating an achievement with the birth of the gentoo penguin babies.

    Pierre, male penguin
    Pierre, the male northern rockhopper who lives in Bird Paradise. Photo courtesy: Mandai Wildlife Group

    Tritto said, “The successful hatching of gentoo chicks is a first for us and represents an important milestone. Our team of penguin-keepers has put in great efforts into ensuring [that] our birds are thriving and receiving all the TLC they can get. This breeding success is a strong indication that they are doing well in our habitat.”

    Pascale ready to make her debut in December

    Pascale, the one-year-old female northern rockhopper penguin, arrived from Perth Zoo on 28 November 2024. She is currently undergoing a two-week isolation period for close monitoring and will make her debut in the penguin habitat in the second week of December.

    Her introduction will begin with a soft release in a corral area to facilitate her social integration into the group. Pascale will be part of the colony which includes over 30 penguins from four species: gentoo, humboldt, king, and northern rockhopper penguins.

    Pascale was found washed ashore on a beach in Western Australia in February 2024, far from the species’ typical sub-Antarctic range in the Southern Indian and Atlantic Oceans. After being rescued, she was sent to Perth Zoo, where the veterinary team worked diligently to rehabilitate Pascale, nursing her back to health and preparing her for the journey to Singapore. During this time, she won the hearts of her carers with her boisterous personality.

    Pascale being hand-fed
    Pascale being hand-fed. Photo courtesy: Mandai Wildlife Group

    Pierre was also rehabilitated at Perth Zoo before transferring to Singapore in 2020. For both Pascale and Pierre, it was assessed that their chances of survival would be very slim if they were to be released back to the wild.

    Listed as “Endangered” under the International Union for Conservation of Nature (IUCN) Red List, the northern rockhopper penguin is known for its striking appearance and lively behaviour. Its sleek black plumage, a white underbelly, and distinctive yellow-orange crest give it a charismatic and unique appearance.

    Unlike most penguins that waddle, the northern rockhopper is an exceptional jumper. Its strong legs allow it to hop between rocks and cliffs, a crucial skill for navigating the steep, rocky landscapes of its native island homes, earning it the “rockhopper” name.

    Gentoo penguin chicks bring joy ahead of Christmas

    On 25 November 2024, 4-year-old Riki and 3-year-old female Peach became first-time parents when they welcomed their first chick. Two days later, on 27 November 2024, a second chick successfully hatched.

    However, the Bird Paradise penguin-keepers noticed that the second chick was being underfed, as the parents struggled to meet the demands of feeding two chicks. To maximise the chance of survival of both chicks, the penguin care team decided to lend a hand and retrieve the second chick for hand-raising.

    The 9-day old second gentoo chick is now being cared for under the watchful eyes of the penguin care team.

    Second gentoo chick
    Penguin-keepers are hand-raising the second gentoo chick. Photo courtesy: Mandai Wildlife Group

    Tritto explained, “Our priority is always to allow the parents to care for their chicks, intervening only when absolutely necessary. In this instance, intervention was required. As first-time parents, Riki and Peach may not have the experience to successfully raise two chicks simultaneously. This is a natural behaviour also observed in the wild, where sometimes only one chick survives.

    “Despite this, Riki and Peach are adjusting beautifully to parenthood and are taking good care of their firstborn. Our dedicated penguin care team is closely monitoring the chicks during these crucial early stages of development.”

    While the first chick is being carefully tended to by its attentive parents, Bird Paradise visitors with a keen eye might be able to catch a glimpse of it nestled beneath them as it grows stronger.

    Gentoo penguin parents
    First-time gentoo penguin parents Riki and Peach. Photo courtesy: Mandai Wildlife Group

    Meanwhile, the second chick is being hand-raised in the Research Room located on the third floor of the Ocean Network Express Penguin Cove. Visitors can have the opportunity to observe the young penguin being fed and cared for by checking the whiteboard by the window for feeding times.

    Gentoo penguins use pebbles to construct their nests and attract potential mates. After an egg is laid, both adults take turns incubating it for about 30 days, waiting for signs of hatching. The sex of the offspring will be determined after their first moult, which typically occurs several months post-hatching. DNA analysis of their feathers will then confirm their gender.

    Riki and Peach arrived in Singapore in 2023 under a partnership between Toyohashi Zoo & Botanical Park (Non Hoi Park) and Mandai Wildlife Group. Bird Paradise is part of the European Association of Zoos and Aquariums (EAZA) breeding programme for gentoo penguins, which are classified as “Least Concerned” on the IUCN Red List.

    The breeding programme ensures a healthy and genetically diverse population under human care, helping to raise awareness and increasing the profile of these penguin species.

  • Yunus is involved in genocide in a meticulously designed manner, says ousted Bangladesh PM Sheikh Hasina in first public address 

    Ousted Bangladesh Prime Minister Sheikh Hasina has slammed the country’s interim leader Muhammad Yunus in her first public address, accusing him of persecuting minorities.

    In a virtual address at an event in New York on Sunday, she claimed that there were plans to assassinate her and her sister Sheikh Rehana, just like their father Sheikh Mujibur Rahman, who was assassinated in 1975.
    Former Bangladesh Prime Minister Sheikh Hasina. Photo Courtesy: PID Bangladesh

    In a virtual address at an event in New York on Sunday, she claimed that there were plans to assassinate her and her sister Sheikh Rehana, just like their father Sheikh Mujibur Rahman, who was assassinated in 1975.

    This is her first public address after taking shelter in India following her abrupt resignation in August.

    Referring to the attack on her official residence in Dhaka on August 5, Hasina said: “The armed protestors were directed towards Ganabhaban. If the security guards opened fire, many lives would have been lost. It was a matter of 25-30 minutes, and I was forced to leave. I told them [guards] not to fire no matter what happened.”

    “Today, I am being accused of genocide. In reality, Yunus has been involved in genocide in a meticulously designed manner. The masterminds — the student coordinators and Yunus — are behind this genocide,” she said.

    Hasina said the current government in Dhaka failed to protect the minorities.

    In a reference to the arrest of Hindu monk Chinmoy Krishna Das, Hasina said: “Hindus, Buddhists, Christians — no one has been spared. Eleven churches have been razed, temples and Buddhist shrines have been broken. When the Hindus protested, the ISKCON leader was arrested.”

    “What is this persecution of minorities for? Why are they being ruthlessly persecuted and attacked?” she said.

    “People no longer have the right to justice… I never even got the time to resign,” she said, speaking in Bengali.

    Hasina said she left Bangladesh in August to stop the violence, but that did not happen.

    Ties between India and Bangladesh came under strain after the interim government headed by Nobel laureate Muhammad Yunus came to power in August, following the ouster of Prime Minister Sheikh Hasina.

    In a strong message, India had said the interim government in Bangladesh must shoulder its responsibility of protecting all minorities while expressing serious concern over the “surge” of extremist rhetoric and increasing incidents of violence against Hindus.

    India said the case of Das, arrested for alleged sedition, should be dealt with in a just, fair, and transparent manner, India stated.