Tuesday 30 November 2010 8:48 pm Share NORTH sea oilfield developer Xcite Energy yesterday revealed a defensive shareholder rights plan to ensure existing company owners can repel a hostile takeover bid if needed.The plan allows existing shareholders to buy new Xcite shares equal to the amount they already own at a substantial discount if another party tries to acquire 20 per cent or more of the company in a coercive bid.The plan works by doubling existing shareholders’ equity following a takeover offer, making it far more expensive for a hostile bid to succeed. Bids are considered coercive if the acquirer does not give shareholders 60 days to consider the offer made. Xcite, which owns and is developing the Bentley oil field in the North Sea 160 km east of the Shetland Isles, denied a takeover bid was looming.“The plan has not been adopted in response to, or in contemplation of, any specific proposal to acquire control of Xcite Energy,” it said.But the field is not yet producing oil and a spokesman said the company is waiting for the results of tests that should determine the extent of the field’s reserves. The results are expected next week and he said the board was concerned that if they were very positive and the share price did not reflect the value of the asset, an oil major could step in with a takeover bid.Shareholder rights plans such as these are controversial in the UK and outlawed under Takeover Panel rules. Known colloquially as “poison pills,” they are alleged to protect boards at the expense of shareholders’ ability to freely accept an offer. Xcite is dual-listed on London’s AIM and the Toronto Stock Exchange Venture board. The plan was announced in Toronto, though London shareholders would also be protected. Toronto-listed companies use rights plans more routinely, such as Canada’s PotashCorp’s defence in August against BHP Billiton.Xcite’s chief executive Richard Smith, chief financial officer Rupert Cole and exploration and development director Stephen Kew each held 4.2 per cent of its shares as of 28 October 2010. whatsapp Xcite Energy sets up share rights plan Tags: NULL KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam Show Comments ▼ whatsapp
Guaranty Trust Bank Plc (GUARAN.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2017 interim results for the half year.For more information about Guaranty Trust Bank Plc (GUARAN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Guaranty Trust Bank Plc (GUARAN.ng) company page on AfricanFinancials.Document: Guaranty Trust Bank Plc (GUARAN.ng) 2017 interim results for the half year.Company ProfileGuaranty Trust Bank Plc (GTBank) is a leading financial services institution in Nigeria with business operations in Cote D’Ivoire, Gambia, Ghana, Liberia, Kenya, Rwanda, Uganda, Sierra Leone, Tanzania and the United Kingdom. The company provides banking products and services for the retail, commercial and corporate banking sectors. GTBank has received numerous accolades in recognition of excellent service, delivery, innovation, corporate social responsibility and good corporate governance include ‘The Best Banking Group by World Finance Magazine’ and ‘The Most Innovative African Bank by The African Banker Magazine’ in 2016/2017. GTBank’s head office is in Lagos, Nigeria. Guaranty Trust Bank is listed on the Nigerian Stock Exchange
Mako Vunipola and Taulupe Faletau have been selected for three British & Irish Lions tours, with both part of the Lions 2021 squad to tour South Africa.5. England first capped Mako Vunipola in October 2012, when he played in the autumn International against Fiji. He replaced Joe Marler in a 54-12 win.Vunipola training before his England debut in 2012 (Getty Images)6. Vunipola was forced to miss England’s 2020 Six Nations match against Wales over coronavirus fears. He had to self-isolate after a flight from Hong Kong.7. He signed a new long-term contract with Saracens in July 2020, whom he has represented more than 170 times.8. In England camp he is nicknamed ‘Snorlax’ for his ability to sleep anywhere at anytime. Can’t get to the shops? You can download the digital edition of Rugby World straight to your tablet or subscribe to the print edition to get the magazine delivered to your door.Follow Rugby World on Facebook, Instagram and Twitter. 4. Their family is also close with the Faletaus and the brothers describe Wales No 8 Taulupe Faletau as their ‘cousin’. Family ties are at the heart of what makes the Saracens front-rower tick Mako Vunipola warming up for Saracens’ game against Doncaster Knights in the RFU Championship (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Who is Mako Vunipola: Ten things you need to know about the England propMako Vunipola is one of the outstanding props of his generation, possessing a rare ability in the loose for his position through his pass-catch skills. He has appeared more than 60 times for England, including in two Rugby World Cups, and has also been selected for the British & Irish Lions.Here’s some more about the Saracens loosehead…Ten things you need to know about Mako Vunipola1. Mako Vunipola was born on 14 January 1991 in Wellington, New Zealand. His father is former Tonga captain Fe’ao Vunipola, while his mother Iesinga is a senior Methodist minister. 9. He is one of the most decorated players in the UK, having won four Premiership titles with Saracens (2015, 2016, 2018 and 2019), and three European Champions Cups (2016, 2017 and 2019).10. His two sons are named Joshua and Jacob, who he has had with partner Alex Johns. 2. His brother is Saracens and England No 8 Billy, who has also earned more than 60 caps for the national team.3. The Vunipola brothers grew up in South Wales and then Thornbury, near Bristol. This meant Mako started his career at Bristol Rugby, making 40 appearances for the club.
Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT [Seminary of the Southwest press release] Dean and President Cynthia Briggs Kittredge has announced that Alison O’Reilly Poage, interim director of the Booher Library at Seminary of the Southwest, has been offered and has accepted the position of director of the Booher Library. Rector (FT or PT) Indian River, MI Tags Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Alison Poage to lead Booher Library at Seminary of the Southwest Submit a Press Release An Evening with Aliya Cycon Playing the Oud: Crossing continents and cultures with the most beautiful instrument you’ve never heard Lancaster, PA (and streaming online) July 3 Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Knoxville, TN Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Director of Music Morristown, NJ TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest “I am happy to announce that the search committee recommended unanimously that she be appointed to this position based on her qualifications and her excellent work since her arrival in January,” said Kittredge.Poage served most recently as director of the Cutchogue New Suffolk Free Library in Cutchogue, New York. She has lived in Austin before, having worked for the Austin Public Library system from 2007-2010. She received her Master’s of Library Science degree from City University of New York in 2001.Academic Dean Scott Bader-Saye says, “We are fortunate to have found a candidate with strong administrative skills, a gift for hospitality, a collegial management style, and a true commitment to the mission of this school. Allison has already proven herself able and willing to carry the Booher Library through a time of transition and innovation. She is exactly what we need in a permanent director.” In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Curate (Associate & Priest-in-Charge) Traverse City, MI The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 New Berrigan Book With Episcopal Roots Cascade Books Priest-in-Charge Lebanon, OH Rector Pittsburgh, PA Course Director Jerusalem, Israel Associate Rector Columbus, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Assistant/Associate Rector Washington, DC Assistant/Associate Priest Scottsdale, AZ Rector Collierville, TN Associate Rector for Family Ministries Anchorage, AK Rector Hopkinsville, KY Posted Apr 9, 2015 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Canon for Family Ministry Jackson, MS Youth Minister Lorton, VA Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Rector Morristown, NJ Rector Belleville, IL People, Rector Washington, DC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Bishop Diocesan Springfield, IL Rector Smithfield, NC Submit an Event Listing Director of Administration & Finance Atlanta, GA Rector Bath, NC Rector Martinsville, VA Rector Albany, NY Featured Events Cathedral Dean Boise, ID Rector Tampa, FL Press Release Service Priest Associate or Director of Adult Ministries Greenville, SC Curate Diocese of Nebraska Rector/Priest in Charge (PT) Lisbon, ME Associate Priest for Pastoral Care New York, NY Rector Shreveport, LA Featured Jobs & Calls Rector and Chaplain Eugene, OR Theological Education Family Ministry Coordinator Baton Rouge, LA Submit a Job Listing
ArchDaily Projects Starfall Farm / Invisible Studio Area: 220 m²Text description provided by the architects. Alterations and additions to a hideously extended, but originally very pretty farmhouse in St Catherine’s valley for Xa Sturgis and Anna Benn who were the most fantastic clients. The extension used in part materials from the demolished barns, and the cladding was designed to conceal the proportions of the existing extension while pull apart on the new bit to reveal key views into landscape. It is a very modest, very vernaculary thing really, and surprising that it generated a great of interest. I was rather embarrassed doing this for Xa at the same time as Eric Parry was doing the Holburne for him, with a budget something like 20 times the cost per m2.Save this picture!Courtesy of Invisible StudioRecommended ProductsWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40DoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalWoodParklex International S.L.Wood cladding – FacadeWoodAccoyaAccoya® Cladding, Siding & FacadesAt the time, I was rather obsessed by the rawness in Sandy Wilson’s Scroope Terrace extension in Cambridge in which I was working – I love all the concrete benches and so on in that building. Starfall has a very simple asymmetric section that allows the morning light to penetrate deep into the building and flood it with light. For me, the project was also a way of reconciling all the thermal deficiencies of Moonshine, which is far too lightweight – Starfall is ruthlessly thermally massive, and with it incredibly efficient. Save this picture!Courtesy of Invisible StudioThe key detail is the timber cladding which is designed to conceal the (awkward) proportions of the openings of the astonishingly ugly rear extension which the client deemed must stay given the cost of demolition just to rebuild the equivalent volume. The project had a limited budget, and the most conservative planning committee (Bath) in the UK.Save this picture!Courtesy of Invisible StudioThe strategy was to find a material language – the cladding – that allowed the ugliness of the existing building to be masked and concealed, whilst also wrapping seamlessly round a new extension. The intention also was to do a building that performs really well, so is economical in how and where openings are placed. For example, there’s complete transparency where you cook, with sliding glass screens that disappear into the walls allowing a sense of the valley side to run through the site and allow you to feel as if you are cooking outside (as at moonshine) but then other openings are more selective: a corner window above an insitu concrete bench for reading Sunday papers, a slot window above the bath to allow glimpses of a wild flower bank, rooflights on the east side to allow morning light into the heart of the building as early as possible (hence asymmetric pitch) with the profile of the new extension designed to allow maximum light to penetrate into a contained herb courtyard etc… The thermal mass is ruthlessly exposed internally: concrete floor, bare plastered concrete block walls, concrete kitchen and other built in benches and superinsulated around this…Save this picture!Courtesy of Invisible StudioThe external cladding was designed to be able to conceal the proportions of the existing openings (ie a board that could run passed the existing opening) and to allow privacy where necessary, but then seamlessly wrap also around the extension to integrate the new with the existing. The entire extension was raised up 5 steps to allow views over the garden wall to the valley, and also to ‘command’ the public lane outside (ie look down on to it). Pretty much all the finishes are self finished: larch with no capping, reused clay tiles from existing buildings on the site (which we were told that unless we used them we wouldn’t get planning having been refused three times), exposed concrete, shuttering ply joinery, bare plaster, etc.Save this picture!PlanThe house has been beautifully occupied by the clients – I love the loose and inventive way that they live there – and how un precious and controlling they are – their abundant spirit bursts out of it.Project gallerySee allShow less’Bottom Up’ Public Intervention at International Architecture Festival / eme3ArticlesTablets @ The Construction SiteArticles Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/248237/starfall-farm-invisible-studio Clipboard United Kingdom “COPY” Architects: Invisible Studio Area Area of this architecture project Houses CopyHouses•Bath, United Kingdom “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/248237/starfall-farm-invisible-studio Clipboard Save this picture!Courtesy of Invisible Studio+ 27 Share Starfall Farm / Invisible StudioSave this projectSaveStarfall Farm / Invisible Studio CopyAbout this officeInvisible StudioOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBathHousesUnited KingdomPublished on June 27, 2012Cite: “Starfall Farm / Invisible Studio” 27 Jun 2012. ArchDaily. Accessed 11 Jun 2021.
ArchDaily CopyHouses•Maastricht, The Netherlands Projects 2013 V’ House / Wiel Arets Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/457474/v-house-wiel-arets-architects Clipboard Year: photographs: Jan BitterPhotographs: Jan Bitter Design Team:Wiel Arets, Alex Kunnen, Joris Lens, Breg Horemans, Felix Thies, Daniel MeierCollaborators:Francois SteulConsultants:Palte B.V., Valkenburg NLArchitect In Charge:Wiel Arets ArchitectsCity:MaastrichtCountry:The NetherlandsMore SpecsLess SpecsSave this picture!© Jan BitterRecommended ProductsWoodAccoyaAccoya® CanalsCoffee tablesBoConceptMadrid Coffee Table AD21Panels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelText description provided by the architects. V’ House was constructed for a couple that collects vintage cars, and is stitched within the medieval tapestry of Maastricht. The city dictates all new structures remain within the envelope of pre-existing buildings, and so a cut was created in the house’s front façade to generate a triangulated surface, which leads from one neighbor’s sloped roof to the opposite neighbor’s vertical bearing wall. As the house’s site is long and narrow, voids were cut into the maximum permitted volume to ensure that natural light spills throughout the interior. The ground floor is both open to the exterior elements and sunken to the rear of the site, which makes possible the maximum two-story height allowance. A covered portion of this exterior space serves as an outdoor parking garage for the owners’ collection of Aston Martins. Save this picture!© Jan BitterAs the house finds refuge between two historical buildings, it is a burst of modernity within this currently gentrifying neighborhood of Maastricht. The house is enormous, totaling 530 m2, and is entered through two oversized sliding glass doors that perforate its front façade. These doors serve as the house’s main entry and open to either their left or right for entry by foot, and both simultaneously retract to allow the entry of automobiles. Save this picture!© Jan BitterDue to safety and privacy concerns, these glass entry doors have no handles or keyholes and are instead are remotely opened from any iPhone, from anywhere in the world. For further privacy the house’s front façade was fritted with a gradient pattern of dots, which disperse in placement as the house rises towards the sky and focus at a distance to compose an image of curtains fluttering in the wind. Actual curtains align the interior of the front façade to afford additional privacy. Save this picture!© Jan BitterCirculation throughout the house occurs via two paths. A ‘slow’ stair leads from the ground floor to the expansive living room, which is connected to the partially raised kitchen and dining areas by a small ramp. A ‘fast’ stairwell traverses the entire height of the house and, together with the platform elevator, allows for direct vertical shortcuts to all levels of living. Thus this house, with its multiple circulation interventions, such as its living room ramp and ‘fast’ and ‘slow’ paths, is organized not around the traditional notion of stacked floors and is instead organized around its circulatory section. At the apex of this ‘fast’ route is the entrance to an expansive roof terrace that’s also the most public space of the house, as it offers panoramic views over the spired roofline of Maastricht. Save this picture!© Jan BitterThe living room has been suspended from two I-beams that span two masonry bearing walls that surround the rear of the site. Steel tension rods measuring 5×10 cm extend from these I-beams into the almost fully glazed façade of the living room, which allows its volume to float above the Aston Martins below. For privacy reasons, this glazing was treated with a highly reflective coating that casts a hue of chartreuse or amber depending on the season and angle of the sun. Only when inhabiting the master bedroom is this hanging of the living room apparent, as the I-beams are visible from the master bedroom, which opens onto the living room’s roof, which functions as a private terrace for the owners. Save this picture!© Jan BitterHeating and cooling is provided via a concrete core activation system concealed within the floors and ceilings of the house, while all storage is built into the circulatory areas in order to divide spaces and define rooms. These custom designed storage units also outfit the office space, where they conceal a bed that can be lowered to accommodate temporary visitors, such as the owners’ now grown children. Save this picture!Section A – AAll storage areas recede in prominence due to their fluid integration, which allows the house’s interior to remain flexible and open for ephemeral definition. The one-piece custom designed kitchen was constructed in stainless steel, and the dining table, which is connected to it, cantilevers 3.5 m toward the front façade. The custom furnishings and storage spaces, together with the in-situ concrete and multiple roof terraces, make the V’ house an expression of free space in a regulated heritage context. Project gallerySee allShow lessA Bad Month for Frank Lloyd Wright FansArchitecture NewsDesign: A Long Term Preventative MedicineArchitecture News Share CopyAbout this officeWiel Arets ArchitectsOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMaastrichtHousesThe NetherlandsPublished on December 16, 2013Cite: “V’ House / Wiel Arets Architects” 16 Dec 2013. ArchDaily. Accessed 11 Jun 2021.
A large crowd of Philadelphia Gas Works workers and their supporters rallied outside City Hall on June 19 to stop the privatization of the city-owned utility. Utility Workers Local 686 organized the demonstration, which included a number of politicians and labor leaders, including Pat Eiding, president of the Philadelphia Council AFL-CIO. Speakers emphasized that the sale of the utility would ultimately raise heating prices for residents, decrease safety for communities, and lower wages, benefits and rights of workers.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Email Cooking up storms for Knights WestfestWITH food festivals on lips of epicureans the length and breadth of the country, Newcastle West is the latest destination to come up trumps and host their very own gatheringThe most recent addition to the 2012 Knights of Desmond programme, a five day family affair, which includes a number of open air musical acts, is the Taste of Westfest which is scheduled to take place in the town’s Demesne on Saturday and Sunday, September 15 and 16.Sign up for the weekly Limerick Post newsletter Sign Up Strand Hotel executive head chef and Newcastle West native, Tom Flavin, will be joined in the Westfest Taste Tent by Ross Lewis of award winning Michelin Star Restaurant, Chapter One on Saturday 15 September. Demonstrations and tastings will be complemented with a showcase of the culinary delights available in Munster and beyond.To keep up to date with the programme of events as it develops,find their Facebook page www.facebook.com/tasteofwestfest and follow the event on twitter @tastewestfest.Fancy touring the micro breweries of Ireland? WELL if the answer to that is yes then you should make your way to facebook, twitter or online and see what the people in Brewery Hops are doing.As a small tour group, the company aims to provide guests with a high quality travel experience that combines an appreciation of Ireland’s emerging independent craft beer industry with visits to cultural and heritage sites.Mia Tobin is behind the tours and brings here experience and passion for the tourism industry to the operation.As a new operator, bringing something completely new to the market, Brewery Hops will run a number of tours over the coming months and full details can be found online.See breweryhopsofireland.ie for moreHead to Doolin for craft beer festivalIreland’s newest domestically brewed beer was officially launched in Doolin recently and it coincides with the announcement of the inaugural Doolin Craft Beer Festival on August 24-26, the first festival of its kind to be held outside of Dublin.Fair City’s actors from the fictional McCoy’s Pub and Station Bar were on hand to launch the Festival and Dooliner Beer, an Irish Red Ale which master brewer Cuilan Loughnane has brewed by special request for Fitzpatrick’s Bar at Hotel Doolin. Dooliner Beer also is available at the Armada Hotel in Spanish Point, Hotel Doolin’s sister property.Hotelier John Burke explained that the launch of Dooliner Beer provides an ideal platform for the Doolin Craft Beer Festival on 24-26 August 2012. “The event will showcase the best of Irish Craft Beers, featuring 15 different beers from the best micro-breweries in Ireland,” he said.“This is the first time a festival like this will be held outside of Dublin and is a great opportunity for Doolin. It is also a great fit for Doolin as the village is nationally and internationally renowned for its famous pubs and music”, added Mr Burke.Donal Minihane, General Manager, Hotel Doolin, said it is hoped that the launch of Dooliner and the upcoming Craft Beer festival will promote awareness of independent breweries around the country. Previous articleThree recitals by The Sutton ChoraleNext articleTerrier found admin Facebook Twitter Advertisement NewsWestfest, brewery tours and Doolin craft beerBy admin – July 24, 2012 640 Print Linkedin WhatsApp
News Updates[Ambani House Explosives Scare] Special Court Remands Mumbai Police Officer Sachin Waze to NIA custody till March 25 Sharmeen Hakim14 March 2021 7:06 AMShare This – xA Special Court, on Sunday, remanded Mumbai Police officer Sachin Waze to the National Investigating Agency’s (NIA) custody till March 25, in connection with his involvement in the explosives-laden vehicle and threat letter found near Mukesh Ambani’s house, in Mumbai, on February 25, 2021. Additional Sessions Judge PR Sitre heard Special Public Prosecutor Sunil Gonsalves for the NIA…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?LoginA Special Court, on Sunday, remanded Mumbai Police officer Sachin Waze to the National Investigating Agency’s (NIA) custody till March 25, in connection with his involvement in the explosives-laden vehicle and threat letter found near Mukesh Ambani’s house, in Mumbai, on February 25, 2021. Additional Sessions Judge PR Sitre heard Special Public Prosecutor Sunil Gonsalves for the NIA and advocate Sudeep Pasbola for Waze, before granting the agency his custody. Journalists were disallowed from attending the proceedings. According to official sources, Special Public Prosecutor, Sunil Gonsalves, cited statements of certain witnesses, to demonstrate Waze was part of the conspiracy. He sought Waze’s custody for 14 days as more arrests were likely. Waze’s counsel Sudeep Pasbola, who was assisted by advocates Rounak Naik and Waqar Pathan argued against such a long remand. He submitted that there was no direct role attributed to Waze and claimed his client was arrested on mere ‘suspicion.’ The court also decided a clutch of applications filed by Waze, for access to medicines in custody and home food. While the court allowed his plea for medicines, his application for home food was, rejected. The defence also filed two separate applications, the first for a copy of NIA’s remand plea, as it was not provided to them, and second – to meet Waze in custody. Both the application will be argued at 2.30 pm, tomorrow. Background On February 25, an explosives-laden Scorpio Car was found near Antilia, industrialist Mukesh Ambani’s house on Altamont Road in South Mumbai. The car contained 18 gelatine sticks (explosive) and a threat letter inside. The case was being investigated by Waze and his team at the Crime Branch, Mumbai. Then, Mansukh Hiran, the man who was using the car, and had claimed it was stolen a week earlier, was found dead in a creek in Thane on March 5. Hiran’s wife blamed Waze for her husband’s death. The case was then transferred to NIA, a central agency and the Anti-Terrorism Squad(ATS), a state agency. While the NIA is investigating the bomb scare, the ATS is investigating Hiran’s murder. Waze was earlier refused interim protection in his anticipatory bail plea, heard by the Thane Sessions Court. He was arrested by the NIA at 11.50 pm, on Saturday and produced before the Special Court around 3 pm, on Sunday. NIA has registered an FIR u/s 286 (Negligent conduct concerning explosive substances), 465 (Punishment for forgery), 473 (making or possessing counterfeit seal), 506 II (punishment for criminal intimidation) of the Indian Penal Code and u/s 4(a)(b)(i) of the Explosive Substances Act (Punishment for attempt to cause an explosion, or for making or keeping explosive with intent to endanger life or property).Next Story