Owners of British technology company Edwards plot stock market offering

first_imgMonday 14 March 2011 8:56 pm whatsapp Share Owners of British technology company Edwards plot stock market offering whatsapp BRITISH vacuum technology producer Edwards Group is plotting a London listing to raise at least £375m.The firm provides chipmakers with vacuum technology needed to make microprocessors, used in products such as Apple’s iPad.Its private equity backers own a combined 90 per cent stake of the firm, which was valued at £1.5bn last year.CCMP Capital and Unitas Capital, the buyout vehicles once operated by US investment bank JP Morgan, own 45 per cent of the company each, whilst management retains the rest.The owners must offer at least 25 per cent of the company in order to list in London. Edwards did not give any detail of the expected size of its offering, although said it will not include any new shares.It will announce price details over the coming weeks, and is expected to list before the end of next month.The former chief financial officer of drinks giant Diageo, Nick Rose, will step in as chairman of the firm following the listing.Founded in 1919, the West-Sussex based firm made pre-tax profits of £130m on revenues of £641m.Edwards chief executive Matthew Taylor said: “This is a very exciting time for Edwards as we work towards a potential IPO and listing. “The group has been transformed over the last four years, developing into a world class operation.”JONATHAN WILCOXJP MORGAN CAZENOVEJONATHAN Wilcox is leading the JP Morgan Cazenove advisory team on the Edwards Group initial public offering (IPO).The US investment bank is acting as joint lead adviser together with Swiss lender UBS on the listing.As head of UK equity capital markets at JP Morgan, Wilcox has led many of the bank’s highest profile deals in recent years, including rights issues for Standard Chartered and Rio Tinto.He also handled the IPO for Jupiter Asset Management last year.The team from JP Morgan also includes head of UK corporate Ed Byers, who is responsible for some of the firm’s most important brokerage relationships.Managing director in the bank’s industrial team Andrew Truscott and UK corporate finance executive director Chris Nicholls are also advising.Swiss bank UBS’ team is led by Christopher Smith and Adrian Lewis.As vice president of investments for the bank, Smith has recently advised US media firm Perform on its London listing. He also worked on the advisory for a £242m share raising by British supermarket chain Sainsbury’s. Morgan Stanley; led by Scott Matlock and Ben Grindley, and Deutsche Bank; led by Lorcan O’Shea and Edward Sankey, are also advising on the listing. Tags: NULLcenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Geniusmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com KCS-content last_img read more

Dodd pulls California betting proposal

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Legal & compliance Sports betting Poker California Senator Bill Dodd has announced that he is to remove his proposal to regulate sports betting from consideration, just a day before it was due to go to a vote of the Senate Appropriations Committee.  Dodd pulls California betting proposal California Senator Bill Dodd has announced that he is to remove his proposal to regulate sports betting from consideration, just a day before it was due to go to a vote of the Senate Appropriations Committee. Dodd’s Senate Constitutional Amendment 6, developed in partnership with Assemblymember Adam Gray, had been placed in a suspense file earlier this month, as its fiscal impact was to be over $50,000.It would then have required an Appropriations Committee hearing to determine whether it would be released from suspense. This was originally scheduled for June 18, before being pushed back to June 23. This left the bill with just two days to secure the necessary two-thirds majority in both the California Senate and Assembly to be included on the ballot in the November 2020 election. Dodd explained that the tight deadline had ultimately put paid to the bill’s prospects.“Given the deadlines for getting a measure on the November ballot and the impact of Covid-19 on the public’s ability to weigh in, we were not able to get the bill across the finish line this year,” he explained. “It remains important that we lift this widespread practice out of the shadows to make it safer and to generate money for the people of California. I will continue to be engaged in the issue as we work toward 2022.”Read the full story on iGB North America. Regions: US California Tags: Card Rooms and Poker Mobile Online Gambling Subscribe to the iGaming newsletter Casino & games 23rd June 2020 | By contenteditor Email Addresslast_img read more

GAN pens exclusive igaming deal with Incredible Technologies

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 18th June 2021 | By Robert Fletcher Incredible Technologies designs and manufactures electronic gaming machines in the US, with its slot machines such as Crazy Money and Money Rain operating on the retail casino gaming floors across the country and also available online in New Jersey. Online casino Email Address Read the full story on iGB North America. GAN pens exclusive igaming deal with Incredible Technologies Tags: GAN Incredible Technologies Content will be distributed through the GAN’s platform or Super RGS in the US market.center_img GAN said the arrangement will add to the content acquisition strategy devised to increase its overall ‘take rate’ on B2B gross operator revenue from igaming, as well as secure a share of existing igaming revenues from B2C operators that are not already clients. “Today’s announcement is another exciting step toward building upon our strategy of establishing exclusive online access rights to the most popular retail US slot games,” GAN’s chief commercial officer Jeff Berman said. Subscribe to the iGaming newsletter Under the deal, GAN will have the online rights to more than 110 games over the course of the agreement, with the supplier to immediately begin deriving online content licensing fees from Incredible Technologies’ existing online operations in New Jersey Regions: US Topics: Online casino GAN has secured the exclusive rights to all current and future online games developed by Illinois-based designer Incredible Technologies.last_img read more

ARDOVA PLC (ARDOVA.ng) Q32013 Interim Report

first_imgARDOVA PLC (ARDOVA.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2013 interim results for the third quarter.For more information about ARDOVA PLC (ARDOVA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the ARDOVA PLC (ARDOVA.ng) company page on AfricanFinancials.Document: ARDOVA PLC (ARDOVA.ng)  2013 interim results for the third quarter.Company ProfileARDOVA PLC formerly (Forte Oil Plc) sources and markets petroleum products in Nigeria which includes fuels, production chemicals, lubricants, greases and power generation for automobiles, aircraft, machines and equipment. The Fuel division supplies white petroleum products, aviation turbine kerosene and Jet A-1 aviation fuels; the Upstream division supplies ancillary products for the exploration and production sub-sector of the oil and gas industry; retail and industrial products include lubricants and grease; organic and petro-chemicals; premium motor spirit, automotive gas oil, dual purpose kerosene and fuel oils. Forte Oil Plc also has business interests in power generation through the 414MW Geregu power plant located in Kogi state. Established in 1964 and formerly known as African Petroleum Plc, the company changed its name to Forte Oil Plc in 2010. Its head office is in Lagos, Nigeria. ARDOVA PLC is listed on the Nigerian Stock Exchangelast_img read more

Single-family Dwelling / José Soto García

first_imgArchitects: José Soto García Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/383674/vivienda-unifamiliar-entre-medianeras-jose-soto-garcia Clipboard Single-family Dwelling / José Soto GarcíaSave this projectSaveSingle-family Dwelling / José Soto GarcíaSave this picture!© Imagina2Houses•Jerez de la Frontera, Spain CopyAbout this officeJosé Soto GarcíaOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesJerez de la FronteraHousesSpainPublished on June 13, 2013Cite: “Single-family Dwelling / José Soto García” 13 Jun 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – MetrisVinyl Walls3MVinyl Finish – DI-NOC™ EffectPartitionsSkyfoldIntegrating Operable Walls in a SpaceBricksEndicottBrick Facade at the Bruce Nesbitt African American Cultural CenterBathroom FurnitureBradley Corporation USAToilet Partition CubiclesSkylightsLAMILUXGlass Skylight F100 CircularLightsLouis PoulsenOutdoor Lighting – Flindt GardenRailing / BalustradesSolarluxBalcony Glazing – SL 60eUrban ShadingPunto DesignPublic Architecture in Residential ComplexDoorsLinvisibileLinvisibile Products in Palazzo VolpiChairshorgenglarusUpholstered Chair – diva 5-154Wall / Ceiling LightsHE WilliamsLED Downlight – 4DR RoundMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ArchDaily “COPY” Single-family Dwelling / José Soto García Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/383674/vivienda-unifamiliar-entre-medianeras-jose-soto-garcia Clipboardcenter_img photographs:  Imagina2Photographs:  Imagina2+ 24 Share Spain CopySave this picture!© Imagina2Recommended ProductsDoorsStudcoAccess Panels – AccessDorDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalDoorsLibartVertical Retracting Doors – Panora ViewText description provided by the architects. The housing program meets the functional and dimensional requirements initially established by the owner. Area:  21673 m² Area:  21673 m² Photographs “COPY” Save this picture!© Imagina2 The type corresponding to the single-family dwelling between party develops according to the location of the property in the historic old town and the implementation of the urban parameters of this zone ordinance.Save this picture!© Imagina2 The building has conditioned its geometry by the irregular shape of the dividing walls that limits and defines the outline of the plot, so that it attaches to the right dividing wall, as it’s more uniform and resolves its geometry more freely into the courtyard answering the broken and curved shape of the dividing left.Save this picture!© Imagina2 The ground floor is projected as a continuum, which runs from access to housing in the halt. From it, it’s possible to continue on to the yard, or join rooms that we call housing protected, meaning the yard like a more even though to inclement weather. The ground tours are therefore many and allow the inhabitant of the house stand for different activities throughout the day in a different way, depending on the light allowing different views of the courtyard.Save this picture!© Imagina2 The remaining small courtyard at the back of the property is a vanishing point of the interior of the house.Save this picture!Floor PlanProject gallerySee allShow lessArchitect’s Eye 2013 Competition WinnersArchitecture NewsAlfenz Bridge / Marte.Marte ArchitectsSelected Projects Share Houseslast_img read more

FSB Scotland signs up first suppliers

first_img Howard Lake | 3 April 2007 | News FSB Scotland signs up first suppliers AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  14 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img The Fundraising Standards Board in Scotland has signed up its first three suppliers: OnLine Telephone Fundraising Ltd, Workwithus.org and Relationship Marketing ltd.All three companies work with charities and organisations across the UK, but their main operating bases are in Scotland, making sense for them to join there, said Scotland manager of the FSB Kate Higgins.There are currently 68 Scottish members of the Fundraising Standards Board with another 60 who have indicated their intention to join in the near future. Nearly two-thirds of the top fundraising chariites have now joined the scheme. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Virtual Promise 2006: is all fair in small, medium and large e-fundraising?

first_img  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Virtual Promise 2006: is all fair in small, medium and large e-fundraising? It’s a common and understandable belief that the large charities fare best from fundraising on the Internet. This second analysis of Virtual Promise 2006 by Sarah Hughes takes a look at whether that holds true.In her second analysis for UK Fundraising of the latest Virtual Promise report benchmarking charities’ use of the Internet, Sarah Hughes looks at how far ahead of smaller charities the larger charities are in terms of online fundraising.She reveals that it’s not just a case of having a bigger budget or more staff than smaller organisations. Sometimes it can simply because the bigger charities are more likely to solicit and accept donations online, and they are more likely to offer a range of ways to give to and support the charity online. Advertisement Howard Lake | 29 October 2007 | Newscenter_img Once again Sarah Hughes has waded through the extensive data gathered by nfpSynergy in its latest report and synthesised key findings on online fundraising for UK Fundraising’s readers.The report is available in PDF/Adobe Acrobat format (56 Kb). AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Digital Research / statisticslast_img read more

Pizza Again? Not Tonight, Monfrere

first_img Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News 12 recommended0 commentsShareShareTweetSharePin it Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes First Heatwave Expected Next Week Make a comment Name (required)  Mail (required) (not be published)  Website center_img Restaurant Reviews Pizza Again? Not Tonight, Monfrere From STAFF REPORTS Published on Wednesday, December 18, 2013 | 4:12 pm Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News The pizza that you regularly order at Domenico’s Italian is great, and that’s why you order it. But tonight, let’s think chicken. While we’re at it, let’s think ChickenMarsala. Domenico’s serves up two plump chicken breasts, cooks them in a Marsala wine sauce with mushrooms, and then serves the traditional dish with a side of either spaghetti or ravioli. Look at how many bases you’ve got covered there!Actually, we know that great Italian food of all kinds is why you go to Domenico’s, so they also serve up just about every Italian dish you can name, from Veal Scallopini to Shrimp Scampi to Tortellini. Need some variety in your meal? The Pasta Primavera is your choice of breaded chicken or veal, with Lasagna mushrooms, onions, bell peppers, linguini or fettuccini noodles simmered in oil and garlic. You’re hungry already.Domenico’s is at 2411 East Washington Boulevard, Pasadena, (626) 797-6459 or visit www.domenicosmonrovia.com. Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Herbeauty11 Yummy Spices For A Flat TummyHerbeautyHerbeautyHerbeautyThis Is What Happens To Your Face After DermaplaningHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty8 Celebrities People Don’t Love AnymoreHerbeautyHerbeautyHerbeautyPriyanka Chopra’s 10 Year Challenge Pic Will Surprise YouHerbeautyHerbeauty More Cool Stuff Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy last_img read more

Karnataka HC Issues Advisory To Judicial Officers And Staff To Avoid Spread Of Coronavirus [Read Notification]

first_imgNews UpdatesKarnataka HC Issues Advisory To Judicial Officers And Staff To Avoid Spread Of Coronavirus [Read Notification] Mustafa Plumber21 April 2020 9:18 AMShare This – xThe Karnataka High Court on Tuesday issued a notification directing all the members of the staff to take a serious note of the advisory issued by it to the Judicial officers and the members of the staff of the Courts. It has said the precautionary measures set out in the Advisory shall be scrupulously followed. The notification which is applicable during closure period states…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Karnataka High Court on Tuesday issued a notification directing all the members of the staff to take a serious note of the advisory issued by it to the Judicial officers and the members of the staff of the Courts. It has said the precautionary measures set out in the Advisory shall be scrupulously followed. The notification which is applicable during closure period states that “Whenever members of the staff are called upon to attend the Court for urgent work or to attend home offices of the Hon’ble Judges, it shall be ensured that all of them are wearing proper masks and all of them properly wash their hands with soap or hand sanitizer before commencing their work. Social distancing shall be maintained by them. Every person entering the Court precincts including the Police, Security staff, members of the Court staff including drivers and PSOs of the Hon’ble Judges, shall be scanned at the entry point by using temperature scanners/thermal scanners by the health workers of the State Government and an inquiry shall be made through health workers to ascertain whether any of them are having known symptoms of Covid-19. If it is found that temperature is not normal or any of them are found to have symptoms, their entry in the court precincts shall not be permitted. The names and cell phone numbers of the persons entering the Court precincts shall be recorded. No one should be allowed to enter the Court precincts without wearing a proper mask. The aforesaid directions are also applicable to the Advocates/Advocates’ clerks/parties-in-person visiting the Courts for the purposes of payment of court fees or payment of process fees. During Closure period entry shall be restricted only through one or two entry points. Advisory issued to Judicial Officers, court staff of all the courts including High Court and the staff in Government Advocates/Prosecutors Office, says “Please remember that you are not only responsible for your own safety, but also for the safety of your family and your colleagues at your workplace. Please note that if you do not take necessary precautions, the others may suffer.” BASIC PROTECTIVE MEASURES AGAINST THE COVID-19, DURING THE COURT HOURS IN COURT PREMISES: 1. Use of masks in the precincts of the Courts is compulsory. Do not move out of the house without wearing a proper mask. The mask should be proper and clean. Official guidelines are available on social media to make proper mask at home. After entering the office, wash your hands with liquid soap. Frequently clean your hands by using an alcohol based hand rub product like gel or sanitizer or wash your hands with alkaline soap and water. 2. Avoid close contact with anyone and maintain at least 6 feet distance between yourself and any other persons in the office. (Maintain all the norms of social Social Distancing). 3. Avoid touching eyes, nose and mouth. 4. Practice good respiratory and personal hygiene. 5. Do not shake hands with anyone. 6. Do not participate in gatherings including sitting in groups at any place. 7. Use hand gloves while dealing with office files/case files. 8. Download Aarogya Sethu App to ascertain the Corona infected persons around you. Make self assessment every day. You have dry cough, cold, throat irritation or temperature, do not go to workplace and contact a doctor. 9. As far as possible, while moving out of your house, always carry a small hand sanitizer bottle with you all along and frequently use it. Protective measures while going back home from office or from market after buying grocery/medicines, which are as under: 1. Ring up home before you leave the office or inform the time of reaching home in advance. 2. Someone at home should keep the front door open (so that you don’t have to touch the calling bell or door handle) and a bucket of hot water with washing soap powder or bleaching powder added to it in the front door. 3. Keep things (keys with you, sanitizer bottle, and phone) in a box outside the door. 4. Wash your hands in the bucket and wash your feet. Use tissue paper or a clean piece of cloth by putting sanitizer and wipe the items you have placed in the box. The used tissue papers should be disposed of properly. If a clean piece of cloth is used, it should be properly washed. Then enter the house without touching anything. 5. The bathroom door shall be kept open by and a bucket of hot detergent soap water be kept ready. Soak your clothes used outside in the bucket 6. Then take a head bath with shampoo and body bath with soap 7. Wash your clothes/put in washing machine with high temperature settings and dry clothes in direct sunlight. 8. Practice Yoga and Pranayama or do some other good exercise at home.Click Here To Download Notification[Read Notification] Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

[Breaking] Kerala HC Directs ED Not To Arrest M Sivasankar IAS In Gold Smuggling Case Till Oct 23

first_imgNews Updates[Breaking] Kerala HC Directs ED Not To Arrest M Sivasankar IAS In Gold Smuggling Case Till Oct 23 LIVELAW NEWS NETWORK14 Oct 2020 10:34 PMShare This – xThe High Court of Kerala on Thursday directed the Enforcement Directorate not to arrest M Sivasankar IAS, former Principal Secretary to the office of Kerala Chief Minister, till October 23 in the gold smuggling case.A single bench of Justice Ashok Menon passed the interim order after considering the submissions of Senior Advocate P Vijayabhanu for the applicant and Additional Solicitor General,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe High Court of Kerala on Thursday directed the Enforcement Directorate not to arrest M Sivasankar IAS, former Principal Secretary to the office of Kerala Chief Minister, till October 23 in the gold smuggling case.A single bench of Justice Ashok Menon passed the interim order after considering the submissions of Senior Advocate P Vijayabhanu for the applicant and Additional Solicitor General, S V Raju, for the ED.Mr. Vijayabhanu told the Court that Sivasankar was willing to appear before the agency and undertook to cooperate with the investigation in the case registered under the Prevention of Money Laundering Act in relation to the alleged smuggling of gold through diplomatic channel.The senior counsel added that Sivasankar was questioned by the NIA and the Customs for about 90 hours, and even after 100 days of investigation, the agencies have not found anything incriminatory against him.Asserting that Sivasankar is a responsible officer, who was sacked from the post of Secretary to CMO due to “media pressure”, Mr. Vijayabhanu requested the Court to protect him from arrest.He is appearing before the ED today, as per the summons served by it, the senior lawyer told the Court.”He is not going to flee”, Vijayabhanu affirmed.ASG S V Raju told the bench that ED has not been made a party in the case. He said that the case was a “serious one” involving top-level officers.”Till date, we have not arrested him. The apprehension(of arrest) is ill-founded”, the ASG said.At the request of ASG for time to file a reply, the bench adjourned the hearing till October 23 and directed that Sivasankar shall not be arrested till then.The civil servant filed the bail application after the Enforcement Directorate submitted chargesheet in the case before the Special PMLA Court. He said in the application that the central agency’s chargesheet had allegations and imputations against him, making him apprehensive of arrest.”When the petitioner perused the charge sheet, he could see lot of confusing findings in the final report pointing fingers towards the petitioner. Therefore the petitioner strongly apprehends that to satisfy certain vested interests, there is every possibility that the investigating agency is compelled to arrest the petitioner though he is not arrayed as accused in the final report”, said the bail application filed through Advocate S Rajeev.Sivasankar conceded that he had acquaintance with accused Swapna Suresh as she was working as Secretary of the UAE Consulate at the State Capital during 2018-19 and that he used to have interactions with her in official capacity.He said that until the news report about the gold smuggling case appeared, he had no knowledge that Swapna was involved in smuggling gold misusing diplomatic channel.Though the ED has said that the gold smuggling activities started in November 2019, it has annexed the WhatsApp conversations between Sivasankar and Swapna prior to that period to portray a false impression that he has got some connections with the smuggling activities, says the application.He added that there was a baseless “media trial” going on against him and that the agency might act under media pressure.”Petitioner strongly apprehends that the investigating agency is under tremendous pressure due to media trial. Petitioner further fears that the media’s false propaganda and frivolous news items and constant demand for arrest of the petitioner for creating news value has created a situation where the investigating agencies are forced to save their skin from allegations by arresting the petitioner, thereby playing to the fourth estate and avoiding criticism”, the application stated.He was removed as the Principal Secretary of CMO after the allegations of his nexus with Swapna Suresh, the prime accused in the case relating to smuggling of gold through diplomatic channel, surfaced in last July. Next Storylast_img read more