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Jane Street Boss Says He Was Duped Into Funding AK-47s for Coup
Jane Street Boss Says He Was Duped Into Funding AK-47s for Coup

Bloomberg

time3 days ago

  • Politics
  • Bloomberg

Jane Street Boss Says He Was Duped Into Funding AK-47s for Coup

The indictment reads like a cinematic plot: A Harvard Fellow and another activist allegedly wanted to buy AK-47s, Stinger missiles and grenades to topple South Sudan's government. What they lacked was enough cash. Now, Jane Street co-founder Robert Granieri concedes he put up the money — saying he was duped into funding the alleged coup plot. The admission from the wealthy recluse behind a Wall Street trading powerhouse stems from the US prosecution of Peter Ajak, the Harvard Fellow who was accused last year of scheming to install himself atop the East African nation.

Three Maoists killed in encounter with police
Three Maoists killed in encounter with police

Hans India

time20-06-2025

  • Politics
  • Hans India

Three Maoists killed in encounter with police

Visakhapatnam: Based on credible information about the movement of outlawed CPI (Maoist) cadre, an operation was conducted by Alluri Sitarama Raju District Police parties in the Kintukuru forest area, under the jurisdiction of Rampachodavaram police station, informed Amit Bardar, Superintendent of Police, ASR district. Briefing the media in Visakhapatnam on Thursday, the SP said, 'While the police party was conducting a combing operation at around 7 am on June 18, Maoists unexpectedly opened fire on the police.' In response, the police returned fire in self-defence. During the ensuing exchange of fire, two women and one male, all belonging to the CPI (Maoist), died in the incident, the SP informed. The deceased Maoists were identified as Gajarla Ravi alias Uday alias Ganesh (CCM), Venkata Ravi Chaithanya alias Aruna alias Ruppi (SZCM), Anju alias Mase (PM). More than 150 criminal cases were registered against Gajarla Ravi and Venkata Ravi Chaithanya, while 22 criminal cases were registered against Anju. In recent times, these three Maoists escaped from the last three exchanges of fires that occurred at Sesharayi of PS limits and Kantavaram and Kakulamamidi of Mampa PS limits. They were part of major violent incidents including former MLA murder case, Kotagunnala blasting in Annavaram PS limits, Balimela incident, Kondrum IED Blasting etc. From the scene of the incident, AK 47 rifles- 03, kit bags, empty rounds, cash, Maoist literature, olive green dresses and other items were recovered. Amit Bardar stated that if any Maoists wish to surrender before the police, the Alluri district police are ready to facilitate it.

Senior bank manager behind bars after multi-million drug bust
Senior bank manager behind bars after multi-million drug bust

eNCA

time19-06-2025

  • eNCA

Senior bank manager behind bars after multi-million drug bust

CAPE TOWN - A senior bank manager is facing charges of dealing in drugs and the unlawful possession of firearms and ammunition. The 40-year-old, Raed Cupido made his second appearance at Cape Town's Magistrates Court this week. Cupido was arrested on Tuesday last week during an intelligence driven operation conducted by members attached to the Anti-Gang Unit, Crime Intelligence and Provincial Organised Crime Detectives. Police pounced onto him at a Cape Town storage facility where he allegedly kept 15 bricks of cocaine of about 15 kilograms (1kg each) with an estimated street value of R18 million as well as one AK 47 rifle, an Uzzi, five 9mm pistols and an assortment of ammunition. The suspect is expected to make another appearance at the end of June and eNCA will make an application to film the court proceedings on the day.

Sindiso Magaqa murder trial set down for October after accused pleads guilty
Sindiso Magaqa murder trial set down for October after accused pleads guilty

SowetanLIVE

time19-06-2025

  • SowetanLIVE

Sindiso Magaqa murder trial set down for October after accused pleads guilty

The Pietermaritzburg high court has set a trial date for two accused of murdering the former secretary-general of the ANCYL, Sindiso Magaqa. This comes after one of the accused, Sibusiso Ngcengwa, pleaded guilty two weeks ago, implicating his co-accused. Initially the state was set to prosecute four men for Magaqa's murder but one, Mlungisi Ncalane, was declared unfit to stand trial and was admitted to a mental institution, while Ngcengwa pleaded guilty. New indictments were served on the remaining accused Sbonelo Myeza and Mbulelo Mpofana, who are charged with conspiracy to murder, murder, attempted murder, possession of unlicensed firearms and ammunition and malicious damage to property. Ncengwa has since been convicted and is expected to be sentenced on June 30. The state said it was ready to prosecute the remaining two. 'Since accused number 4 has been separated in this matter by consent, we have agreed that this matter may be postponed for trial on the next session, which will be starting October 6 to 30,' said prosecutor advocate Elvis Cweka. The court heard witnesses, including police and ballistic experts, would take the stand. Ncengwa is already serving 95 years for a string of armed robberies. The suspects were arrested in 2017. It is alleged that Magaqa was killed because he had a dossier containing corruption information regarding the upgrade of a community hall in Mzimkhulu on the KwaZulu-Natal south coast. It is alleged that millions of rand were pumped into the accounts of appointed service providers but no upgrade was done on the hall. The late ANC leader in Harry Gwala district, Mluleki Ndobe, who was mayor, and municipal manager Zwelibanzi Sikhosana, were also arrested in connection with Magaqa's murder but the charges were withdrawn. Ndobe committed suicide in 2020. In his guilty plea, Ncengwa said: 'I confirm that I am the accused herein and that I know and understand the charges preferred against me, which are appearing on the indictment. My legal representative has explained to me the consequences of making this statement and I fully understand it.' Ncengwa said he freely, voluntarily and without being influenced pleaded guilty to the charges against him, adding that he made admissions to the charges 'in sound and sober senses'. He said Magaqa was shot with an AK47 rifle by his late co-accused, Jabulani Mdunge. Mdunge died in a shoot-out with police during a foiled cash-in-transit heist in September 2017. TimesLIVE

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