Archive for July 31st, 2014

WikiLeaks gag order: open justice is threatened by super-injunctions

Richard Ackland
theguardian.com
30 July 2014

Australian courts have increasingly been issuing suppression orders preventing the publication of legal proceedings – and an implicit dislike of the media is partly to blame

Last month, an Australian judge issued a super-duper injunction preventing the reporting of bribery allegations which involved south east Asian political figures, and in some cases their family members.

The allegations have arisen in a criminal case before the supreme court of Victoria. The super-injunction, which not only prevents publication of the allegations, but the detailed terms of the injunction itself, only came to light because WikiLeaks published the intimate details on July 29.

So while WikiLeaks, anonymous blogs and social media are buzzing with the details of these sweeping court orders, which apply Australia-wide, the mainstream media cannot trespass in this territory for fear of facing proceedings for contempt of court. This is the ludicrous nature of overreaching suppression orders, and this one is to last for five years unless earlier revoked.

The internet has made them so porous as to be useless. Only those who publish above the radar with sizeable assets and readily identifiable journalists and executives (at least ones that are not corralled in foreign embassies) are effectively injuncted from publishing. Read the rest of this entry »

5 Comments

The politics and business of bank mergers

Terence Gomez
KiniBiz
22 July 2014

Malaysians were informed on July 10, 2014 that a major bank consolidation was in the pipeline, involving CIMB Group Holdings, RHB Capital and Malaysian Building Society. With this union, CIMB will emerge as Malaysia’s largest banking enterprise, in terms of assets, as RHB Capital owns RHB Bank, currently the country’s fourth largest bank.

According to media reports, the merger will enhance CIMB’s goal of becoming Southeast Asia’s leading Islamic finance institution with the capacity to expand its interests in this sector to other parts of the world. However, one core issue remains unmentioned in the press: this consolidation will tightly entwine the interests of political and business elites in the banking sector. Read the rest of this entry »

No Comments

Dutch experts still unable to get to MH17 crash site

The Malay Mail Online
JULY 31, 2014

KIEV, July 30 — Dutch police yesterday said it was unlikely they would be able to access the site of the Malaysian Airlines flight MH17 crash in east Ukraine because of on-going combat.

The head of the Dutch recovery mission in Ukraine, Pieter-Jaap Aalbersberg, also said 68 Malaysian experts and police officers were expected in Kiev today to join the group.

The Malaysians will then travel to Kharkiv in east Ukraine, closer to the crash site.

“Unfortunately, we don’t expect the security situation to improve enough over the next few days,” Aalbersberg told reporters in Kiev.

“This makes it less likely that we will reach the crash site in the immediate future. There is still too much fighting in the area,” he said. Read the rest of this entry »

2 Comments