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Israel, Egypt Hold Talks Toward Gaza ‘Permanent Ceasefire’

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Israeli and Egyptian officials held talks in both countries Sunday aimed at bolstering the Cairo-brokered ceasefire that ended the latest deadly flare-up of violence between the Jewish state and Gaza’s Hamas rulers.

Israeli Prime Minister Benjamin Netanyahu met Egyptian intelligence chief Abbas Kamel in Jerusalem to discuss “strengthening cooperation” between their countries, Netanyahu’s office said.

Egypt’s President Abdel Fattah al-Sisi tasked Kamel and his delegation, who were also to visit the occupied Palestinian Territories, with hammering out a permanent ceasefire deal, senior Egyptian security officials told AFP.

On the same day, Israel’s Foreign Minister Gabi Ashkenazi made the first official visit by an Israeli top diplomat to neighbouring Egypt in 13 years, for talks with his counterpart Sameh Shoukry.

Ashkenazi tweeted on his arrival that they would “discuss establishing a permanent ceasefire with Hamas, a mechanism for providing humanitarian aid and the reconstruction of Gaza with a pivotal role played by the international community”.

The Egyptian foreign ministry tweeted that the ministers’ talks were “part of Egypt’s relentless and continued efforts to revive the peace track and to build on the ceasefire in the Gaza Strip”.

Hamas leader Ismail Haniyeh was also expected in Cairo for talks, senior Egyptian security officials said, without providing further details.

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Egypt played a pivotal role in negotiating the May 21 ceasefire between Israel and Hamas that brought an end to 11 days of deadly fighting.

Israeli strikes on Gaza killed 254 Palestinians, including 66 children, health officials said.

Rockets and other fire from Gaza claimed 12 lives in Israel, including one child and an Arab-Israeli teenager, medics said.

Prisoners

Netanyahu reiterated Israel’s demand “for the prompt return” of Israelis being held in the Gaza Strip, according to the statement.

Ashkenazi also said Israel was “fully committed” to repatriating Israeli prisoners held by Hamas.

Since Israel’s 2014 invasion of the Gaza Strip, the Islamist group has held the bodies of Israeli soldiers Oron Shaul and Hadar Goldin, although Hamas has never confirmed their deaths.

Hamas is also believed to be holding two Israeli citizens who entered Gaza alone and whose families say they have mental health issues.

Israel is meanwhile holding more than 5,000 Palestinians in its jails.

Sisi has pledged $500 million to help reconstruction efforts in the densely populated Gaza enclave, which was pummelled by Israeli air strikes.

Hamas has pledged not to touch “a single cent” of international aid to rebuild Gaza.

Israel, which has enforced a land and maritime blockade on the enclave since 2007, accuses the group of diverting international aid to military ends.

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The statement from Netanyahu’s office said he and Kamel also discussed “mechanisms and processes to prevent the strengthening of Hamas and its use of the resources that will be directed to the civilian population in the future”.

Root causes

The latest violent flare-up was sparked by increased tensions in Jerusalem, including over Israeli security forces cracking down on Palestinians inside the Al-Aqsa mosque compound, Islam’s third holiest site, which is also revered by Jews as the Temple Mount.

A bitter divide between Hamas and Fatah has long plagued Palestinian politics, but analysts say the latest escalation has served to unite the geographically fragmented Palestinian community in a way not seen in years.

Sisi also tasked Kamel with working to help iron out political divisions between Hamas in Gaza and Fatah in the Israeli-occupied West Bank, the Egyptian officials said.

The UN Human Rights Council decided Thursday to create an open-ended international investigation into violations surrounding the latest Gaza violence.

It said it would also look at the “underlying root causes of recurrent tensions and instability, including systematic discrimination” in the occupied Palestinian Territories and inside Israel.

UN rights chief Michelle Bachelet voiced particular concern about the “high level of civilian fatalities and injuries” from the bombing of Gaza and warned the Israeli strikes on the enclave “may constitute war crimes”.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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