Kresna goes about business as usual despite reports of problems related to Jiwasraya

first_imgThe Financial Services Authority (OJK) has denied rumors that investment management firm PT Kresna Asset Management and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO). The fund manager also reports business as usual with no disruption linked to the high-profile Jiwasraya case, as speculated.OJK public relations and logistics deputy commissioner Anto Prabowo said on Thursday that Kresna Asset Management (KAM) and Kresna Life were going about business as usual and were not connected to the case of ailing state-owned insurer PT Asuransi Jiwasraya.“They are not relevant to the AGO’s investigation of assets and accounts [in Jiwasraya],” he said in a statement to the press, referring to reports in local media that KAM and Kresna Life’s securities account had been blocked due to the investigation. Previously, several local media reported that KAM and Kresna Life’s securities accounts had been blocked by the AGO as they were rumored to be relevant to Jiwasraya’s investment mismanagement case. Such reports emerged after KAM’s customers reportedly claimed that they were unable to redeem their mutual funds from the company.However, KAM soon dismissed the reports, saying that customers were indeed able to redeem their mutual funds. “We also stress that we are not connected to the Jiwasraya case,” the statement read.Kresna Life, however, has yet to issue a statement on its rumored connection to the case. The AGO ordered the suspension of 800 securities accounts related to Jiwasraya as part of its ongoing investigation to uncover the alleged corruption in the ailing insurer that resulted in its failure to repay policyholders’ claims totaling Rp 16 trillion (US$ 1.17 billion) as of January. Topics :last_img read more

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GNER orders Pendolini

first_imgBERMUDA-based shipping group Sea Containers is to order tilting trains from Fiat Ferroviaria for its British train operating franchisee Great North Eastern Railway. The signing of heads of agreement covering two trains was announced on September 9, at a price believed to be around £15m each. There is an option for GNER to buy a further six sets, subject to obtaining an extension to its seven-year franchise which expires in 2002-03.GNER plans to introduce the trains on the East Coast main line between London and Edinburgh ’in the autumn of 2000’. Each 11-car train, with distributed traction equipment supplied by GEC Alsthom Traction, will have seating for 500 passengers, and be capable of speeds ’over 225 km/h’. Sea Containers says the 633 km journey will be cut from 3h 59min to 3h 30min, at an average speed of 180 km/h. Substantial infrastructure investment will be needed, including the closure of level crossings and the provision of cab signalling. GNER will have to obtain a dispensation from HM Railway Inspectorate to carry passengers in the leading vehicle of a train running at over 160 km/h.Virgin Railways called tenders on August 29 for a fleet of 40 tilting trains to operate inter-city services on its West Coast routes from London to Birmingham, Manchester, Liverpool and Glasgow. Bids are due on November 3, and Virgin says 12 firms have pre-qualified, including General Electric and General Motors. Bids to supply up to 400 high-speed DMU cars for the Virgin Cross Country business were due on September 29. olast_img read more

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Ireland Reveals Big Offshore Wind Plans

first_imgIreland’s state owned electricity company Electricity Supply Board (ESB) is seeking expressions of interest for the provision of renewable energy marine services related to offshore wind farms.ESB plans to develop or acquire the offshore wind farms commencing in 2018, through a pipeline of projects which are currently going through the consenting process.The size of individual projects is expected to range between 200MW and 500MW, although some projects could be larger, ESB said.The location of these initial offshore wind farms is expected to be in the Irish sea.The high level scope of services includes but is not limited to offshore geophysical surveys; geotechnical investigation and sampling, marine archaeological survey; sourcing and deploying of floating Lidar wind measurement buoys; desktop UXO risk assessment and report; site characterisation assessment; ground model development; complete factual and interpretive reporting; and risk assessments and method statements development.Some post construction services during the wind farm operational phase may also be included in the scope of this framework, EIB said.The services relate to offshore wind farms acquired, developed or built during the term of the framework, including joint venture or subsidiary developments.The tender will remain open until 02 October 2017.last_img read more

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Corruption report shocks Wenger

first_img The European enforcement agency’s report stated some 380 matches were under investigation, including one 2009 Champions League game in England between Liverpool and Hungarian club Debrecen. While there has never been any suspicion of wrongdoing by anyone at Liverpool, who won the match in question 1-0, Wenger feels the whole situation must act as a wake-up call to the English game. “It was absolutely a surprise (to hear) the number of games that have been fixed. For me, it is a real tsunami and a real shock,” the Arsenal manager said. Arsenal manager Arsene Wenger believes the Europol match-fixing investigation has swept through football like a “tsunami” – and claimed “sport is full of legends who are in fact cheats”. “I cannot accept it. I always was a believer that there is a lot of cheating going on in our game and that we are not strong enough with what happens, nor with the doping, nor with the corruption of the referees, nor with the match-fixing. “It is time that we tackle this problem in a very serious way and that people who cheat are punished in a very severe way as well. Sport is full of legends who are in fact cheats. We had a recent example again (in cyclist Lance Armstrong) and we all have that responsibility to fight against that.” Wenger feels the concept of fixing a result goes against the very essence of sport. “You cannot accept when somebody who works the whole week and decides to spend his money to go to a game, that you then cheat him because everything is decided before he gets to the stadium,” the Frenchman added. “I cannot stand up for that. We cannot accept that.” The Gunners boss, however, does not feel England has cause for major concern at the moment. “I don’t think at all it is a problem in the English game, and that is why it is maybe a shock for us,” he said. “We are convinced we live in a world in England where although it is not a perfect world, I don’t think cheating or match-fixing is a problem. In fairness I give you some credit for that because the English media would be very harsh against that.” Wenger added: “I personally feel English football is clean of cheating 100 per cent. I don’t think referees are corrupt. It happened in Europe before, that is my belief, where referees were not always fair, there is history, especially in some countries, but you always have to be cautious, have your own beliefs, prove it, and that becomes more difficult.” center_img Press Associationlast_img read more

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Georgia Gov. to start reopening process Friday

first_imgGeorgia Gov. Brian Kemp has announced that he plans to start reopening parts of the state’s economy beginning on Friday.In a press conference on Monday Gov. Kemp stated that businesses such as gyms, bowling alleys, salons, and massage therapists will be allowed to open up shop again beginning April 24th.While these businesses will be allowed to reopen, however, Kemp says it will not be “business as usual.”The businesses will still have to adhere to social distancing measures and will be required to screen employees for fever, enhance sanitation efforts  require the wearing of masks and gloves, and consider staggered employee shifts.Kemp says the move is to allow businesses to manage inventory and payroll.Business such as theaters, personal clubs, and restaurants will have their chance to reopen as well. The governor says they will be allowed to reopen on Monday, April 27, while businesses such as nightclubs and bars will remain closed until further notice.last_img read more

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MBB : Syracuse struggles from deep in win over West Virginia

first_img Comments As Dion Waiters’ free throw rattled around the rim and out, the sophomore guard’s frustration finally boiled over.He turned around, bent down and slapped the Carrier Dome floor with both hands as he stepped off the line. Another look for Syracuse that just refused to drop.‘I was mad,’ Waiters said. ‘It went in and out. It was crazy. I was kind of frustrated because I don’t miss foul shots. In a game like that, you want to make every shot. You want to try to be perfect.’No. 3 SU (22-1, 9-1 Big East) was far from perfect on the offensive end in its 63-61 win over West Virginia (15-7, 5-4) Saturday in the Carrier Dome. Despite multiple open looks on the perimeter, the Orange shot just 4-of-20 from 3-point range. Five SU players took at least three 3-pointers in the game. Three of them failed to connect on any of their looks, while Scoop Jardine went 2-of-6 and Brandon Triche went 2-of-4. That appeared to frustrate the Orange throughout the game, and it allowed West Virginia to nearly pull off the upset.‘We’re getting good looks,’ head coach Jim Boeheim said. ‘I don’t think James (Southerland) can get better looks at 3 than he got. Scoop’s were good. Brandon’s were good. Dion’s were wide open. We’ve got to make some of those because we’re going to get beat on the boards a little bit. But we’ve got to make some of those shots.’AdvertisementThis is placeholder textThe struggles from long range started on SU’s second possession of the game. Jardine shook his defender with a crossover and pulled up for an open 3 from the top of the key. But the jumper bounced off the rim and West Virginia grabbed the rebound.SU didn’t take another 3 for nearly five minutes before Jardine knocked down his second attempt of the game. But the Orange missed its next eight tries from beyond the arc. Southerland, Waiters, Jardine and Joseph all missed two triples in that span before Jardine finally knocked one down just before halftime.‘At the end of the day, if you miss 10 straight, you’ve got to continue shooting,’ Waiters said. ‘That’s what we’re going to do. Every night is not going to be a great shooting night for us. But we’ve got to continue to keep shooting.’The Orange’s shooting issues date back to the start of Big East play. Entering the game against West Virginia, Syracuse was 12th in the conference at 31.4 percent shooting from beyond the arc. In its last three games, including the win Saturday, SU is just 14-of-55 from deep for a measly 25.5 percent.‘It’s open shots,’ Triche said. ‘We’re lining them up and just not hitting them. They look like they’re going in. They’re hitting back rim. We’re just going to keep shooting them.’Triche was the only Orange player to have a good night from deep. He didn’t take a 3 in the first half but knocked down his first try just 40 seconds after halftime on a pull-up shot.Like Jardine in the first half, Triche was the only one to hit a 3 in the second. But even though he went 2-of-4 on the night, his two misses also came on good looks.Boeheim said after the game that he didn’t see a bad shot taken of the 20 3s SU attempted. Southerland said those looks typically go down in practice. But after a shooting performance like that, combined with a 41-20 rebounding disadvantage, he also said the Orange was lucky to come away with a win.As for solving the shooting issues, the Syracuse players agreed the answer is simple: just keep putting shots up, and eventually, they will start to fall.‘It’s going to come,’ Waiters said. ‘That’s the best thing about it. You’re not going to always play a great game. You’re not going to always do good. If two or three of them shots went down, it’s a different story. But they didn’t and we still won.’zjbrown@syr.edu Facebook Twitter Google+center_img Published on January 27, 2012 at 12:00 pmlast_img read more

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Adix brings UW ‘bulldog’ mentality

first_imgView Gallery (2 Photos)Competitive, tough, a bulldog, fun, caring and laid-back are the words Wisconsin softball head coach Yvette Healy and pitchers Cassandra Darrah and Meghan McIntosh used to describe Tracie Adix. They may seem paradoxical, but the two separate phrases are apt descriptions of the Badgers’ third-year pitching coach.Like Adix, plenty of players transition from participatory role in a sport to a coaching position in that same sport. However, unlike most players, Adix is now coaching with the same coach she was once recruited by and subsequently played for in college.At a recent practice, Adix recounted her better-late-than-never approach, which landed her the job at Wisconsin almost three years ago.“I was looking for a job the summer of 2010. I had applied for a lot of jobs and didn’t really get a whole lot back,” Adix said. “And I saw that [Healy] got the job here and I actually thought that her pitching coach was going to come with her, so I just emailed her and said, ‘Congratulations, good luck, and if you need a pitching coach, I’d love the opportunity.’ “In the time that she called me, I had already been offered a job [and] was setting up another interview with another program. I had a comfort level with her, having played for her and having played in the same program, so we talked and she offered me the job and I was like, ‘Heck yes.’ To be part of the Big Ten would be awesome, especially since where I did grad school was a little smaller school than what I was used to.”Adix’s start in the world of coaching began a few years prior to taking the job at Wisconsin and like her start with the Badgers, her decision to begin coaching was also made in a last-minute fashion.After graduating from DePaul University in 2007, Adix spent time playing softball in Europe. When one of her teammates left to take an assistant coaching job and with only three weeks left in the summer, Adix decided that she wanted to coach as well and get her graduate degree. So after applying to a graduate assistant position at South Dakota State University, and with barely any knowledge of the school, Adix accepted the position with the Jackrabbits.“I kind of just jumped into it,” Adix said of her decision to go into coaching, admitting it was probably not the best route. “I’ve never been one for sitting at a desk and sitting in a cubicle. I like to be outside, I like to move and not sit in one place for very long. I think just my competitive spirit is what made me want to get into coaching. It was either that or firefighting, and my parents weren’t too fond of the firefighting, so they were like, ‘You should go into coaching.’”Besides being the closest in age of any coach to the Badgers’ players, Adix also totes success within the field of her job as a player. At DePaul during her senior season, Adix went 22-4 with the fifth best ERA in the country at 0.89, and more notably led her team to the Women’s College World Series. One of Adix’s fondest memories was during that 2007 playoff run when thanks to her arm; her Blue Demon squad upset Oklahoma – the No. 4 team in the country at the time – two games in a row to advance. Adix and DePaul eventually fell in the World Series quarterfinals, but Adix had certainly proved herself as one of the nation’s top pitchers.“First of all, from an age standpoint it’s nice that she relates,” Healy said. “She’s younger and she’s cooler than we are, so she knows all the inside track stuff. “From a pitching standpoint, she was just a phenomenal All-American pitcher, so she brings that knowledge of how to get it done, how to compete. And then from the professional stand point, she’s just a really hard worker. She’s super organized, thorough, does all of the dirty work behind the scenes of paperwork and forms and submitting every little bit – the pencil-pushing that no one knows about.”Wisconsin’s ace, junior Cassandra Darrah, who is 22-5 on the season, was quick to echo the words of her head coach regarding Adix.“Since she’s so young she can relate to us and she’s actually experienced everything that we’re going through, so I thought that was one of the nicest aspects of her,” Darrah said. “And she’s also just fun to be around and a very good coach.”The Badgers’ senior pitcher Meghan McIntosh has also benefited a great deal from the presence of Adix on the coaching staff. Over the summer of 2012, Adix set McIntosh up with a workout regimen designed for an All-American type player. As a result of the help from Adix paired with the commitment and hard work of McIntosh, the senior pitcher has gone on to record a career-high 12 wins and a career-low and team-leading 1.57 ERA in 2013.Whether the statistics are a direct result of the pitching coach’s work or not, one thing is clear: Adix’s “bulldog” mentality, as Healy referred to it, has certainly rubbed off on the Badgers around her.“She always says live in the moment, so every pitch, every play, every at-bat, every batter,” McIntosh said, comparing Adix’s mentality to the old here-and-now mentality of the football team. “It’s kind of like the 1-0 football [motto], but just to let [past events] go. You can’t really bring back anything from the past, and just look for the next pitch.”last_img read more

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Sekondi Stadium undergoes rehabilitation ahead of FirsTrust G6 tournament

first_imgThe Essipong Stadium in Sekondi is undergoing rehabilitation ahead of the maiden edition of the FirsTrust GHALCA 6 tournament.The tournament which takes place between January 7 and January 10 will see all seven matches played at the Essipong Stadium.With a week to the tournament, organizers have decided to check on the playing field to get it in the right state for the four-day event.The grounds men have been watering the pitch to get it back to life after the harmattan weather killed some of the grass while engineers have been working on the generator which will power the floodlights during the night matches.The opening match will be between league champions AshantiGold and FA Cup winners Medeama immediately followed by Hearts-Aduana Stars on the same day. –Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySportslast_img read more

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Ibrahim Tanko eyes managerial role in Ghana

first_imgFormer Ghana and Kotoko striker Ibrahim Tanko has revealed he will be interested in taking up a coaching role in Ghana as and when the opportunity arises.The former Cameroon assistant coach, who holds a UEFA License A coaching badge, was of the view it will be an honor to steer the affairs of a Ghanaian club or national team.“It is everyone’s dream to coach his country.”“I started coaching eight years now. I was in Japan for two years, I was in Cologne, I was in Cameroun for two and a half years.”“So I think I am ready to coach any team in Ghana if the chance is there. I am not waiting I still have an issue with Cameroun so if we finish, I will know what to do next.”“When quizzed if he will be interested in coaching the Black Stars in the future, Tanko was emphatic in his response.” He answered: “Oh yes.”Tanko was assistant coach to German Volke Finker for two and a half years and played for the Black Stars between 1996 and 2004. –Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more

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John Wall says he shouldn’t have played against Cavaliers after scoring just 1 point

first_imgBradley Beal helped lead the Wizards with a team-high 27 points, but he expressed frustration with how the team played. Washington had won three straight before losing to the Cavaliers and Beal called it “unacceptable.””This game was unacceptable on many fronts,” Beal said. “We’ve got to be disciplined. We didn’t come out with the same focus we had the last three games.”The Wizards (11-15) will have a day off before facing the Pacers (16-10) on the road Monday. NBA wrap: LeBron James flirts with triple-double as Lakers down Grizzlies Wall also indicated he didn’t look at his stats because he already knew he had struggled. “I didn’t have to look at it,” he said. “I already knew it without looking at it. First game of my life. One free throw. No field goals.” He told reporters after the game that he has been dealing with a bone spur in his left heel and shouldn’t have played Saturday because he couldn’t run around the court, according to the Associated Press.”I couldn’t move,” he said. “Couldn’t run. Probably shouldn’t have played. That’s my fault. … I’ve had it for a while.” Related Newscenter_img Wizards guard John Wall didn’t have a strong performance against the Cavaliers — and he knows it. Wall didn’t make much of an impact in Washington’s 116-101 loss to Cleveland on Saturday, scoring a career-low one point off a free throw and he didn’t complete any field goals or 3-pointers.  Why did LeBron James give a Grizzlies arena employee his game shoes?last_img read more

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