14 dead after fire on two vessels off Crimea coast

Smoke rises from a fire at a ship in the Kerch Strait near Crimea January 21, 2019. (Reuters)
Updated 22 January 2019
0

14 dead after fire on two vessels off Crimea coast

  • A fire engulfed gas tankers sailing under the flag of Tanzania, authorities said
  • The ships, the Kandy and the Maestro, had crews of nationals from India and Turkey

MOSCOW: Fourteen people were killed and five were missing off Russia-annexed Crimea in the Black Sea on Monday after a fire engulfed gas tankers sailing under the flag of Tanzania, authorities said.
“There are 11 bodies,” Alexei Kravchenko, spokesman for Russia’s Federal Agency for Maritime and River Transport, told AFP.
“Another three people went under water before rescue workers’ eyes.”
Those three are most likely dead, he said.
The ships, the Kandy and the Maestro, had crews of nationals from India and Turkey.
The Kandy had a 17-strong crew, while the Maestro carried 14 people.
Twelve people had survived, Kravchenko said, but “no one knows where the other five people are.”
The fire broke out when one vessel was transferring fuel to the other, driving both crews to jump overboard, said Kravchenko.
“A search-and-rescue operation is continuing,” Kravchenko added.
Authorities in the Crimean city of Kerch were preparing to receive the victims, he added.
The accident struck close to the Kerch Strait, which has become a new flashpoint in tensions between Russia and Ukraine.
In November, Russia fired on and seized three Ukrainian navy vessels in the Kerch Strait as they tried to pass from the Black Sea to the Azov Sea.
The confrontation was the first open military clash between Kiev and Moscow since 2014, when Russia annexed Crimea and a pro-Russian insurgency erupted in eastern Ukraine.


Ex-Goldman banker to finish Malaysia legal process before US extradition

Updated 31 min 19 sec ago
0

Ex-Goldman banker to finish Malaysia legal process before US extradition

  • Goldman’s role is under scrutiny as the Wall Street titan helped arrange $6.5 billion in bonds for 1MDB
  • Authorities in Malaysia and the US accuse former employees of bribery and stealing billions of dollars

KUALA LUMPUR, Malaysia: A former Goldman Sachs banker accused of involvement in the multi-billion-dollar 1MDB scandal will only be extradited to the United States after legal proceedings against him in Malaysia are completed, a minister said.
Huge sums of public money were purportedly stolen from Malaysian state fund 1MDB and used to buy everything from yachts to art in a scheme that allegedly involved former premier Najib Razak and contributed to his government’s election defeat.
Goldman’s role is under scrutiny as the Wall Street titan helped arrange $6.5 billion in bonds for 1MDB. Authorities in Malaysia and the US accuse former employees of bribery and stealing billions of dollars, and investigators believe cash was laundered through the US financial system.
Malaysian Ng Chong Hwa, a former managing director at the bank, was indicted in November when US authorities also lodged an extradition request. He has been in custody in Malaysia since the US indictment.
Malaysia also filed charges against Ng, more commonly known as Roger Ng, as well as Goldman.
At a court hearing last week, Ng agreed to stop fighting the extradition request and said he wanted to be sent to the US within 30 days.
But Malaysia’s government must approve his extradition, and Interior Minister Muhyiddin Yassin said Ng’s case in Malaysia must go ahead first.
“We will honor the extradition but we will prioritize the case in Malaysia until it is completed. This is the advice of the attorney-general, and we will abide by it,” Yassin said.
Ng’s case will likely come before the Malaysian courts again next month, he said.
Ng was charged in Malaysia in December with four counts related to 1MDB, and has pleaded not guilty. He faces up to 40 years in jail if convicted.
As well as Ng, former Goldman partner Tim Leissner and the bank’s subsidiaries are also accused of making false statements in order to steal billions of dollars, and of bribing officials.
Leissner has already pleaded guilty in the US to 1MDB-linked charges.