Saturday, August 27, 2022

NSW Governor Margaret Beazley affirms support for Gulen movement despite Turkey designating Gulen a terrorist organisation

 by Ganesh Sahathevan 


Unique Islamic tertiary education agreement renewed

Her Excellency the Honourable Margaret Beazley, AC QC, Governor of New South Wales attended a ceremony today renewing an historic tertiary education agreement between Charles Sturt University and the Islamic Sciences and Research Academy (ISRA).

NSW Governor Margaret Beazley has  affirmed her  support for the  Gulen movement by officiating at the Charles Sturt-ICRA ceremony to mark the continued working relationship between CSU and ICRA. ICRA is part of the international Fetuulah Gulen movement, which has been designated a terrorist organisation by Turkey.

The Gulen movement's influencing activities are well documented, and well within Australia's foreign interference laws, but Beazley has chosen to ignore this issue as well. 

Many have sought to portray Gulen and his movement as innocent victims but even The Economist had to admit:

Fethullah Gulen shares blame for Turkey’s plight

The exiled imam did much to cripple democracy


Governor Beazley has openly supported the Gulen movement, and continues to do so despite the designation of that group as a terrorist movement. 


TO BE READ WITH 


NSW AG Speakman must explain affinity with the Fetullah Gulen Terrorist Organisation ,despite action against FETO by Turkey, Indonesia and Malaysia

by Ganesh Sahathevan 





The NSW Government   continues to openly support the Gulen movement and its local arm ,the Affinity Intercultural Group despite objections from Turkey.

The Turkish Government has declared the Gulen movement a terrorist organisation which it has named the 
 Fetullah,  Gulen Terrorist Organisation  (FETO).

Malaysia deported  FETO members in 2017,while Indonesian clerics have issued a fatwa declaring FETO haram (see article below).The AG NSW Mark Speakman needs to explain why he feels he knows better than our Muslim neighbours. He is the Minister in charge of  "keeping us safe from terrorism"We have a right to know why he makes the Gulen movement  welcome in our parliament.

END 
References.




Indonesian Islamic scholars council declares FETÖ 

activities haram; calls on Muslims to unite against 

Gülen

DAILY SABAH
ISTANBUL
PublishedOctober 8, 2018
Gülenist terror group (FETÖ) leader Fetullah Gülen
Gülenist terror group (FETÖ) leader Fetullah Gülen

Saying that the ‘heretic’ Fetullah Gülen has deviated from the main pillars of Islam and distorted the teachings of prominent scholar Said Nursi, the Indonesian Ulema have called on all Muslims to stay away from FETÖ, and all Muslim heads of state to ban the group

It is forbidden (haram) to be involved in all the movements and activities of the Gülenist Terror Group (FETÖ) leader Fetullah Gülen and his followers around the world, the Council of Ulema Tariqas of Indonesia said in a fatwa on Friday, calling on all Muslims and heads of state of Islamic countries to unite against them.
"We invite and urge Fetullah Gülen and his followers to repent to Allah SWT and account for their actions towards Muslims in the world, especially what has happened in Turkey on July 15, 2016," the fatwa said in reference to the bloody coup attempt perpetrated by the group.

Indonesian Islamic scholars council declares FETÖ activities haram; calls on Muslims to unite against Gülen
Stating that Gülen, who has lived in the U.S. since 1999 in self-imposed exile, has distorted the meanings of Quranic verses and the teachings of Prophet Mohammed (Peace Be Upon Him), the country's top Muslim clerical body said that the FETÖ leader also deviated from Republican era scholar Said Nursi's teachings.
"Fetullah Gülen has deviated a lot in interpreting the verses of the Qur'an, and his teachings and thoughts can damage the Islamic Aqedah based on the Qur'an and the Sunnah of the Prophet Muhammad," the fatwa said, adding "Early in spreading his teachings, Fetullah Gülen taught in the name of Bediuzzaman Said Nursi, but after being researched and studied in the past few years, it turned out to have deviated from Bediuzzaman Said Nursi's teachings themselves."
Regarding Gülen's use of Said Nursi's legacy, the council said that the terrorist leader only tried to "attract the sympathy of Muslims especially among the youth and campus activists."
"Fetullah Gülen with all his actions and thoughts on Islam, especially about Sufis, is a heresy that will damage the Sufi values themselves."
Underscoring that the FETÖ is not just a movement or a socio-religious organization, the council further reiterated that it is indeed "more directed to the form of terrorist organizations hiding behind a mask of social and religious movements that have closeness to the Zionists."
In the verdict of the fatwa, the council voiced the call on Gülen and his followers to "repent to Allah SWT and account for their actions towards Muslims in the world."
Recommending to the President of Indonesia, all heads of state in Islamic countries and Muslim scholars in every country in the world "to be able to unite and jointly stop all forms of Fetullah Gülen activities in their respective countries, including by prohibiting the circulation of books by Fetullah Gülen," the body said these measures were important to protect the people from Gülen's distortion of Islamic teachings.
The FETÖ, a criminal enterprise founded by fugitive Fetullah Gülen, has been directly implicated in the December 2013 judicial coup attempt and the July 15, 2016 military coup attempt against the democratically elected government of Turkey.
With its media and business arms, the terrorist group created significant public clout, which was augmented by infiltration in state institutions, principally the judiciary, police and military. Many of its most senior members fled abroad on the eve or soon after the coup attempt in 2016.
Dating back to the 1960s, the FETÖ was the brainchild of Gülen who served as a primary school educated imam before founding the group, which has always acted as a secretive cult.
The 1970s and 1980s were spent consolidating the group, creating the necessary education and financial structure, while slowly infiltrating state institutions. Its schools and prep schools served as the main recruiting ground for the group, which assigned particular degrees and vocations to its members.
Its leadership hierarchy was hidden from the public, apart from Gülen himself. The FETÖ, like many terrorist groups, created a structure based on individual cells within various state organizations, like the judiciary, police and military.
Cells of various sizes were each organized around an imam, often an academic or police officer. It was normal practice for FETÖ member generals, prosecutors and judges to receive orders from an academic or teacher. Group hierarchy always trumped civilian hierarchy.
Over the years, the FETÖ transformed into a behemoth, with finance, business, education and media arms spread across the globe. It has charter schools in the U.S., mainly used to collect and siphon federal funds for various FETÖ projects, while its schools in the rest of the world are usually used for recruiting.
Gülen is viewed as a sort of messiah by his followers, according to former members.







Turkey's Turning Point
Could there be an Islamic Revolution in Turkey?

by Michael Rubin
National Review Online
April 14, 2008
http://www.meforum.org/article/1882
Few U.S. policymakers have heard of Fethullah Gülen, perhaps Turkey's most prominent theologian and political thinker. Self-exiled for more than a decade, Gülen lives a reclusive life outside Philadelphia, Pa. Within months, however, he may be as much a household a name in the United States as is Ayatollah Khomeini, a man who was as obscure to most Americans up until his triumphant return to Iran almost 30 years ago.
Many academics and journalists embrace Gülen and applaud his stated vision welding Islam with tolerance and a pro-European outlook. Supporters describe him as progressive. In 2003, the University of Texas honored him as a "peaceful hero," alongside Martin Luther King Jr., Mahatma Gandhi, and the Dalai Lama. Last October, the British House of Lords and several British diplomats celebrated Gülen at a high-profile London conference. Later this year, Georgetown University scholar John Esposito will host a conference dedicated to the movement. As in 2001, Esposito will cosponsor with the Rumi Forum, an organization Gülen serves as honorary president.
The Gülen movement controls charities, real estate, companies, and more than a thousand schools internationally. According to some estimates, the Gülen Movement controls several billion dollars. The movement claims its own universities, unions, lobbies, student groups, radio and television stations, and the Zaman newspaper. Turkish officials concede that Gülen's followers in Turkey number more than a million; Gülen's backers claim that number is just the tip of the iceberg. Today, Gülen members dominate the Turkish police and divisions within the interior ministry. Under the stewardship of Prime Minister Recep Tayyip Erdoğan, one of Gülen's most prominent sympathizers, tens of thousands of other Gülen supporters have entered the Turkish bureaucracy.
While Gülen supporters jealously guard his image in the West, he remains a controversial figure in Turkey. According to Cumhuriyet, a left-of-center establishment daily — Turkey's New York Times — in 1973, the Izmir State Security Court convicted Gülen of "attempting to destroy the state system and to establish a state system based on religion;" he received a pardon, though, and so never served time in prison. In 1986, the Turkish military — the constitutional guardians of the state's secularism — purged a Gülen cell from the military academy; the Turkish military has subsequently acted against a number of other alleged Gülen cells who they say infiltrated military ranks.
In 1998, according to Turkish court transcripts cited in the Turkish Daily NewsGülen urged followers in the judiciary and state bureaucracy to "work patiently to take control of the state." The following year, the independent Turkish television station ATV broadcast a secretly taped Gülen telling supporters, "If they . . . come out early, the world will squash their heads. They will make Muslims relive events in Algeria," a reference to the Islamic Salvation Front's overwhelming 1991 election victory in the North African state. After party leaders spoke of voiding the constitution and implementing Islamic law, the Algerian military staged a coup leading to a civil conflict that killed tens of thousands.
Because of his statements and veiled threats, the judiciary in 1998 charged Gülen with trying to "undermine the secular system" while "camouflag[ing] his methods with a democratic and moderate image." Convicted in absentia, but free to run his organized from his U.S. exile, Gülen continues a rather inconsistent approach to tolerance and secularism. He often equates the separation of religion and state with atheism, an assertion many of Turkey's most secular officials find offensive: Believing that religion is best kept to the individual rather than state sphere does not equate with any lack of belief in God. In 2004, Gülen equated atheism with terrorism and said both atheists and murderers would spend eternity in Hell.
Gülen has received a legal break, however. In 2002, Erdoğan's Justice and Development party (Adalet ve Kakınma Partisi, AKP) won a plurality in parliamentary elections and, because of a fluke in Turkish election law, was able to amplify one-third of the popular vote into a two-thirds parliamentary majority. Erdoğan used this advantage to enact reforms which had the net affect of stacking not only the civil service, but also banking boards and the judiciary with his political supporters and religious fundamentalists. Erdoğan's judges wasted no time. They placed liens against political opponents' property, seized independent newspapers and television stations including, not by coincidence ATV, and assigned sympathetic judges to hear appeals against earlier decisions levied against Islamists. On May 5, 2006, the Ankara Criminal Court overturned the verdict against Gülen. While a public prosecutor — a secularist hold-out — appealed the court's action, the process is now nearing conclusion. Gülen's supporters are ecstatic. His slate wiped clean, Gülen has indicated he may soon return to Turkey.
If he does, Istanbul 2008 may very well look like Tehran 1979. Just as Gülen's supporters affirm his altruistic intentions and see no inconsistency between a secretive, cell-based movement and transparent governance, too many Western journalists also give Gülen a free pass.
If this sounds familiar, it should: Three decades ago, the same phenomenon marked coverage of Iran. "I don't want to be the leader of the Islamic Republic; I don't want to have the government or power in my hands," Khomeini told a credulous Austrian television reporter during the ayatollah's brief sojourn in Paris. In November 1978, Steven Erlanger, the future New York Times foreign correspondent, penned a New Republic essay arguing that Khomeini's vision for Iran was essentially a "Platonic Republic with a grand ayatollah as a philosopher-king," and predicting the triumph of an independent liberal left worried more about labor conditions in Iran's oil fields than pursuing any theological tendency.
In Tehran then as in Ankara now, U.S. ambassadors preferred garden parties with the political elite and maintained contacts with only a narrow segment of the population. They were blind. As the State Department and Central Intelligence Agency remained clueless or belittled concerns about Khomeini's intentions, millions of Iranians turned out to greet their Imam at Tehran's international airport. Turks now say that similar crowds might greet Gülen when his plane touches down in Istanbul.
Gülen is careful. He will not order the dissolution of the Turkish Republic. But, ensconced in his Istanbul mansion, he could simply begin to issue fatwas prying Turkey farther from the secularism to which Erdoğan pays lip service. As Khomeini consciously drew parallels between himself and Twelver Shiism's Hidden Imam, Gülen will remain quiet as his supporters paint his return as evidence that the caliphate formally dissolved by Atatürk in 1924 has been restored.
The secular order and constitutionalism in Turkey have never been so shaky. The government now controls most television and radio stations. Erdoğan has gained the dubious distinction of launching more lawsuits against journalists and commentators than any previous Turkish prime minister.
As Erdoğan discourages dissent, his and Gülen's supporters among prominent Turkish columnists and commentators equate Islamism with democracy, and secularism with fascism, a line too many Western diplomats eager to demonstrate tolerance with an embrace of "moderate Islam" accept. Erdoğan himself has argued that it was secularism which led to Hitler; that Islamism would never produce such a result.
Last month, after one of the few independent judicial authorities filed a lawsuit against Erdoğan and the AKP for violating constitutional provisions separating religion from politics, the prime minister responded with a midnight round-up of leading academics and journalists who had criticized him. Even Erdoğan's supporters were shocked to wake up on March 21 to learn that İlhan Selçuk, the bed-ridden octogenarian editor-in-chief of Cumhuriyet described by Turks as their Walter Cronkite had been arrested in a pre-dawn raid on charges of plotting to launch a military coup; the police have yet to provide any evidence. Nor is Selçuk the only victim in the most recent intimidation campaign. A Hürriyet columnist, Ahmet Hakan, has received threatening phone calls from lawyer Kemaletin Gülen, a relative of Fethullah.
When Islamists pursue campaigns of hatred, Western officials not only pretend nothing is amiss but also, as in the case of Palestinian leaders, often increase their support. This week Secretary of State Condoleezza Rice will address the judicial case against Erdoğan and the AKP. Members of her staff suggest she will lend subtle support to the prime minister. Indeed, it may be tempting to condemn the court action as a political stunt: The prosecutor's legal brief is shoddily written and poorly argued. Despite its faults, however, the underlying legal issues are real.
Rice should be silent. Any interference will backfire: Turks, already upset that U.S. ambassador Ross Wilson seldom meets with opposition leaders, will interpret any criticism of the case as White House support for the AKP. Secularists will ask why Turkey's liberal opposition should not have the right to all legal remedies. They already ask why the West applauds legal action taken against Austrian populist Jörg Haider and French demagogue Jean Marie Le Pen, but the same U.S. and European officials appear to bless Erdoğan's legal exceptionalism. By undermining judicial recourse, Rice may accelerate violence and lead support to those who argue — wrongly — that the government's disdain for the law and constitution should be met with the same. On the off-chance, however, that Rice accepts that the court case should run its course, Turkey's religious conservatives will accuse her of masterminding the approach.
Over the past seven years, the Bush administration has made many mistakes. Bush was correct to recognize the importance of democratization; bungled implementation has turned a noble ideal into a dirty word. By equating democracy only with elections, the State Department and National Security Council fumbled U.S. interests in Iraq, Gaza, and Lebanon. One man, one vote, once; parties that enforce discipline at the point of a gun; and politicians who seek to subvert the rule of law to an imam's conception of God do little for U.S. national security. Never again should the United States abandon its ideological compatriots for the ephemeral promises of parties that use religion to subvert democracy and seek mob rather than constitutional rule.
Turkey is nearing the cliff. Please, Secretary Rice, do not push it over the edge.
Michael Rubin, a resident scholar at the American Enterprise Institute, is editor of the Middle East Quarterly.


Friday, August 26, 2022

Bank Negara must show that it is not providing Tune Protect regulatory cover - Old habits hard to break, but post 1MDB, it cannot be business as usual


by Ganesh Sahathevan 

Tune Protect Group Bhd's share price has been in decline since its IPO in 2012. That fact alone ought to have triggered Bank Negara scrutiny of the company's finances, but there is no evidence that that has occurred. 





Tune Protect’s underperformance was mainly due to changes in the regulations imposed by the Malaysian Aviation Commission (MAVCOM) which affected the take-up rate of travel insurance. The new regulation restricts airline companies like AirAsia from 
automatically adding travel insurance (offered by Tune Protect) to their travellers’ order. As a result, the number of policies issued in the first half 2017 by Tune Protect fell 27% as fewer customers opted for travel insurance when they bought an air ticket from AirAsia. 

Meanwhile the financial ratios below  from i3investor suggest that COVID restrictions on air travel have affected the company. 

                  TUNE PROTECT GROUP BERHAD KLSE (MYR): TUNEPRO (5230)                                     

All of the above cast doubt on Tune Protect CEO Rohit Chandrasekharan Nambiar's claims that the company is no longer reliant on AirAsia for business, and has a diverse revenue base that is not reliant on air travel, even as he admits (as reported): 

He (Nambiar) highlighted that the travel business was already declining pre-Covid-19, marking a 16% decline in 2019 and subsequently “fell off the cliff” in 2020 due to the pandemic, as AirAsia halted operations.

"AirAsia’s contribution today is less than 6% of our travel, which is a little more than 50% of our entire business. That translates to AirAsia accounting for 3% to 4% of our topline."

“I look at it as a massive opportunity because we know AirAsia is going to come back. This number will grow, and when it does, it will add on to these new businesses that we have,” he explained.


The circumstances require that Bank Negara pay due regard to its role as regulator of the insurance industry, and that it does so with greater transparency.That old habit of protecting insurance companies (and other financial institutions)from media scrutiny must be put aside, especially in this post 1MDB world.


To BE READ WITH


Tune Protect slips into the red, dragged by lower underwriting profits and investment income


Izzul Ikram/theedgemarkets.com
August 25, 2022 15:05 pm +0


KUALA LUMPUR (Aug 25): Tune Protect Group Bhd posted a net loss of RM19.8 million for the second quarter ended June 30, 2022 (2QFY22), compared with a net profit of RM14.25 million a year earlier.

This was despite a 29% boost in its revenue for the quarter to RM142.82 million from RM110.69 million last year, according to the insurer's filing on Thursday (Aug 25).

The insurer said its earnings were dragged by a RM17.7 million drop in underwriting profits, RM19.7 million fall in investment income as well as an increase of RM5.7 million in an associate's share of losses.

The decrease of RM17.7 million in underwriting profits was mainly attributable to the increase in unearned premiums of RM34.8 million whereas total fee and commission expenses (RM35.73 million) were recognised immediately during the quarter," it added.

For the cumulative six months ended June 30, 2022, Tune Protect's net loss widened to RM22.78 million from RM1.2 million a year ago, mainly attributed to an RM18.4 million decrease in underwriting profits and an RM8 million increase in an associate's share of losses.

It explained that the decrease of RM18.4 million in underwriting profits was mainly because of higher unearned premiums of RM51 million whereas total fee and commission expenses (RM53.92 million) were recognised immediately in the quarter under review.

In terms of its prospects, Tune Protect said that it expects its "three main pillars" — namely lifestyle, health and small and medium enterprise — to experience healthy growth as the economy recovers, contributed especially by its partnerships and agency channels.

"The new collaborations with strategic partners and our continued innovation of B2B (business-to-business) platforms and B2C (business-to-consumer) apps in widening the distribution of products are expected to contribute positively to the overall business of the group, notwithstanding corresponding fees and commissions.

"Additionally, the group is also expected to benefit from the unearned premium reserve over the year arising from the high net written premium growth in the current quarter (2QFY22)," it added.

However, the group said it expects its investment return to remain volatile in the coming quarters given uncertainties in the global market outlook, exacerbated by global inflation and risks of a global recession.

At noon break on Thursday, shares in Tune Protect settled down one sen or 2.86% to 34 sen, giving it a market capitalisation of RM270.63 million.

Kathy Fong


Tune Protect dispels investors’ concerns over AirAsia impact on group
Ahmad Naqib Idris/theedgemarkets.com
January 26, 2022 19:16 pm +08






-A+A




Referring to comments that AirAsia’s business “makes or breaks” Tune Protect, Nambiar pointed out that the group has been building its business in the Middle East, Vietnam, Cambodia and has also undertaken many partnerships, tying up with 44 new partners in 2021.

KUALA LUMPUR (Jan 26): Tune Protect Group Bhd addressed concerns raised by investors regarding its reliance on AirAsia Group Bhd’s business, with the group pointing out that its business with the low-cost carrier accounts for 3% to 4% of its topline.

During a Wednesday (Jan 26) briefing on Tune Protect’s outlook, group chief executive officer Rohit Chandrasekharan Nambiar (pictured) made several points to dispel concerns over the impact that AirAsia’s business may have on the group’s performance going forward.

“Firstly, AirAsia owns a little more than 13% of this organisation through AirAsia Digital. Secondly, AirAsia’s outstanding payments with us is at a very healthy level and they have been paying,” he said.


Referring to comments that AirAsia’s business “makes or breaks” Tune Protect, Nambiar pointed out that the group has been building its business in the Middle East, Vietnam, Cambodia and has also undertaken many partnerships, tying up with 44 new partners in 2021.

He highlighted that the travel business was already declining pre-Covid-19, marking a 16% decline in 2019 and subsequently “fell off the cliff” in 2020 due to the pandemic, as AirAsia halted operations.

"AirAsia’s contribution today is less than 6% of our travel, which is a little more than 50% of our entire business. That translates to AirAsia accounting for 3% to 4% of our topline."

“I look at it as a massive opportunity because we know AirAsia is going to come back. This number will grow, and when it does, it will add on to these new businesses that we have,” he explained.


Asked if the Middle Eastern segment is sustainable, given the weaker performance in the recent quarter, Nambiar said it is very much sustainable as the group does not rely on a single partner and has tied up with Air Arabia and Salam Air, for example.

He added that over 1,000 travel agencies in the region are using Tune Protect’s business-to-business platform and are selling the group’s products.

On the weak performance of the Middle East segment in its recent quarter, he said that there were months when people travel to the region, while other months are slower, such as during Ramadhan for example.

He also pointed to the fears arising from spikes in Covid-19 infections as a factor, although he said there should be more consistency in 2022 as fears subside.

Besides the Middle East, the group is also looking at new markets such as Eastern Europe, which Nambiar said Tune Protect is aggressively pursuing.

Meanwhile, the group is also eyeing to expand its operations in Indonesia and Vietnam as it seeks to tap the rising mobile penetration rate in these countries via its proprietary mobile app.

Nambiar highlighted several trends that could pick up in 2022 which the group could capitalise on, including the simplification of travel restrictions, vaccine passports, mandatory insurance coverage and pent-up travel demand, which opens up opportunities in trip cancellation insurance, Covid-19 coverage and trip delay benefits.

He added that Tune Protect is also looking at e-commerce amid the pandemic-induced digital acceleration, which could allow the group to engage in more partnerships, as well as products related to the gig economy.

He also noted that the group is hoping to capitalise on technology trends such as hyper-personalisation, protection against data theft, identity fraud, and the rise of hacks and phishing attacks, he said.

By 2023, Nambiar said Tune Protect aims to achieve a 25% to 33% compounded annual growth rate for its total net premiums written (NWP), which stood at RM145.5 million as at the end of the third quarter of 2021.

He expects the health industry and small and medium enterprises to be critical drivers of its growth going forward, expecting these two segments each to make up about 15% of NWP, while the lifestyle segment will continue to be the largest premium contributor, making up the major 70%.

For the nine months ended Sept 30, 2021, Tune Protect posted a net loss of RM2.86 million, amid lower investment income under its general insurance business, after posting a net profit of RM18.39 million for FY20 and RM50.68 million for FY19.

According to Bloomberg data, all three analysts covering Tune Protect have the counter on “buy”, with an average target price of 53 sen.

Bloomberg’s estimates forecast the group will register a net profit of RM9.3 million for FY21 and RM26.5 million for FY22.

Tune Protect's share price closed one sen or 2.5% higher at 40.5 sen on Wednesday, giving it a market capitalisation of RM304.46 million.
Joyce Goh

Sunday, August 21, 2022

CBA Australia climate change risk assessment has not accounted for urban heat island effects- home loan portfolio at risk likely to be well in excess of CBA's $31 Billion estimate

 by Ganesh Sahathevan



The SMH says: 

More than $31 billion of Commonwealth Bank home loans are in areas exposed to increasing extreme weather events and another $14 billion in mortgages are in communities economically reliant on demand for coal, climate analysis has found.


However, as previously reported by this writer, quoting well known remote sensing researcher Janet Nicol, anthropogenic heat includes man-made heat sourced from heat radiation from electricity input to buildings, and from vehicles and people.  These sources have been ignored, and are often found in urban areas, where they contribute to urban heat island (UHI) effects. 


UHI effects are immediate, and prevalent, and growing ,given urbanisation. Australian urban centres, where CBA's portfolio is concentrated , is not immune, even if Australian researchers have confused cause and effect.   Singapore researchers on the other hand have a clear understanding of the issue, and have begun to consider a UHI mitigation levy. 

The levy that Singapore is considering is just one cost arising from UHIs that can impact properties. As this writer has shown previously, Sydney waterfront UHIs can impact properties further inland. It does appear therefore that CBA has underestimated the impact of climate change on its mortgage portfolio. UHI  effects are a present and persistent issue with a direct and immediate impact on properties withib the portfolio. 


END 


SEE ALSO 

by Ganesh Sahathevan






UHI 2016 


                                                                         
                                                                             UHI  2011

Above are two images produced using software and Landsat data from the Google Earth engine suite. The colours presented  are based on the scale:
[blue','green','orange','red' = ,min:18C,max:25C]

Both can be magnified by clicking on the images.


The images capture Urban Heat Islands (UHIs) in Lane Cove and surrounding areas. UHIs are 
 an urban area or metropolitan area that is significantly warmer than its surrounding rural areas due to human activities. The temperature difference is usually  larger at night than during the day, and is most apparent when winds are weak. UHI is most noticeable during the summer and winter.



Image UHI 2016 was computed using  Landsat 8 data collected over the year in 2016 while 
image UHI 2011 was computed with Landsat 5 data collected over the year in 2011.
The data points represent mean temperature over the two years.

While these  are simple and "dirty" images which can be further refined some "hot spots" are clearly evident.The most prominent has been tracked down to a solar farm located between two sports fields within the St Ignatius Riverview school compound.


Saturday, August 13, 2022

NSW LPAB statement on the reaccreditation of Top Education Group's LLB course contradicted by Top Group's HKEX announcement

 by Ganesh Sahathevan 


This extract from the NSW LPAB's 2018-2019 seems to have been contradicted by Top Education Group Ltd's HKEX disclosure of its annual results for the year ended June 30 2019


Bachelor of Law Re-accreditation 

The scheduled re-accreditation process of our Bachelor of Laws (‘‘LLB’’) went smoothly. On 27 June 2019, TOP received formal notification from the Legal Profession Admission Board of New South Wales (‘‘LPAB’’) to accredit TOP’s LLB for a further five-year period commencing from the notification date.




TO BE READ WITH 

Friday, September 27, 2019

Zhu Minshen announces that NSW LPAB review "went smoothly": AG NSW Mark Speakman and officers unconcerned by Clive Hamilton's disclosures of threats, intimidation and defiance of AFP directives ,share price collapse

by Ganesh Sahathevan



The LPAB''s tick of approval does not seem to have reversed the downward trend in share price.Indeed it does look as if the LPAB has ignored all together the fact that Top's market capitalisation has collapsed since listing. Note that Top's shareprice has fallen 14.29% over the past month,compared to 1.13% for the overall market as measured by the Hang Seng Index

In the words of Zhu Minshen, chairman and CEO of his Top Education Group Ltd:



Bachelor of Law Re-accreditation 

The scheduled re-accreditation process of our Bachelor of Laws (‘‘LLB’’) went smoothly. On 27 June 2019, TOP received formal notification from the Legal Profession Admission Board of New South Wales (‘‘LPAB’’) to accredit TOP’s LLB for a further five-year period commencing from the notification date.
(TOP EDUCATION GROUP LTD
ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019)




All this despite the revelations of open defiance of an AFP directive, threats and intimidation disclosed in Clive Hamilton's "Silent Invasion",which have been previously reported on this blog:

In his 2018 book "Silent Invasion" Professor Clive Hamilton reports that Top Education Group's Zhu Minshen organised  students , including students from his Top Education Institute to protest  against Tibetans at the  2008 rally , which counted towards the Top students’ assessment.  Zhu’s Top Institution is “perhaps the only accredited degree program in Australia that counts agitating for a foreign power towards its qualifications.”


Hamilton provides details of Zhu's Communist Party China antecedents and his organisation of the 30,000 strong demonstration by Chinese students at the Canberra torch relay, many of them brandishing Chinese flags.

This was clearly an open challenge to the authority , and in public defiance  of, the AFP's directive to Chinese government security that they were not to be involved in the torch relay. As Hamilton puts is "ASIO shat themselves".

Despite this open defiance of the law that they are meant to defend and uphold the Attorney General NSW Mark Speakman and the other senior judicial officers at the LPAB determined that an exception should  be made to allow Zhu to operate the "first and only" law school in Australia that is not part of a university.


END 

See Also 



Law Council Australia 's exception for Zhu Minshen despite Law Council declaring China's justice system "a joke"