Category: Justice

  • MIL-OSI United Kingdom: Mayor proposes record-breaking £1.16bn investment in the Metropolitan Police

    Source: Mayor of London

    • In a draft budget published last night the Mayor proposed an additional £83m investment – £10m from City Hall and £73m from central Government – to go into policing
    • The £83m additional builds on the extra £237m already announced for next year to give a record £320m increase
    • In total, this means there will be £1.159 billion Mayoral funding policing in 2025-26. It is the largest figure ever spent on policing in the capital, the biggest year-on-year settlement ever proposed for the Met and more than double the previous Mayor’s final budget for policing
    • It comes as the number of homicides, young people being injured with knives and burglary are all down since Sadiq was first elected in 2016

    The Mayor of London, Sadiq Khan, has today proposed an extra £83m million – £10m from City Hall and £73million from central government – for policing in his final draft budget bringing total Mayoral investment in the Met to an historic £1.159 billion for the next year.

    It means there is an additional £320m funding for the Metropolitan Police compared to the current year’s budget, an unprecedented increase. This additional investment will keep hundreds of Metropolitan Police officer posts and reduce expected cuts to key specialist police units.

    Last November’s budget submission from the Mayor’s Office for Policing and Crime (MOPAC) assumed that by 31 March 2026, the Met would need to reduce the number of officers by 1,899 to 30,553 due to chronic underfunding by the previous government, which reduced annual core funding for policing in the capital by £1.1 billion in real terms.

    The Mayor has confirmed that some of the cuts the Metropolitan Police had originally proposed in November will be substantially scaled back due to this proposed investment, which will be used to fund additional police officers, key police staff and the equipment they need to carry out their roles.  Final decisions on how to use the extra investment will be considered by MOPAC and the Met, with plans announced next month. It is expected that hundreds of officer posts will be kept in place due to this investment, on top of the 420 officers funded in last month’s Provisional Policing Settlement.

    There is still much more to do to tackle crime in London and this proposed investment by the Mayor and the Government will help the Met to continue to invest in tacking crime locally and build on the progress being made. The number of homicides, young people being injured with knives, and burglary are all down since Sadiq was first elected in 2016. Homicides are also falling – there were fewer homicides of people under-25 in London last year than any year since 2003. The number of teenage homicides in London last year was at its lowest total since 2012.

    In total, Sadiq has earmarked a record £1.159 billion to fund policing in 2025-26 – an increase of nearly 105 per cent in annual funding compared to the previous Mayor’s final budget.  But despite this investment, and the extra support from the new government, the Met is still facing significant financial pressures due to over a decade of real terms cuts by the previous government.  

    The Mayor of London, Sadiq Khan, said: “No-one should under-estimate the significance of this. It is a record amount of investment.

    “Bearing down on crime and keeping Londoners safe is my top priority as Mayor and I’ll always use all the levers at my disposal to fund the police, investing record sums from City Hall.

    “I am pleased to propose an additional £320 million since last year for the Metropolitan Police, with £83m more since January, thanks to Government support.

    “Despite this record-breaking additional funding, the Met still faces a difficult financial situation due to over a decade of cuts by the previous government. As Mayor, I will continue to work with the new government and the Commissioner ahead of the forthcoming spending review on the funding the Met needs to ensure we can continue building a safer London for everyone.”

    The Mayor’s final draft Budget also confirms £147.5 million of funding to deliver free school meals for all London’s state primary schoolchildren in 2025-26 – the third year of the historic scheme. Delivering free school meals has been one of Sadiq’s proudest moments as Mayor and he has vowed to continue the scheme for as long as he is in office.

    More than 43 million free school meals were funded in the first year of the scheme, with up to 287,000 children benefitting and families saving more than £1,000 per child over the first two years of the scheme.

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Bills aim to boost justice and reduce regulation

    Source: New Zealand Government

    Improving people’s experience with the Justice system is at the heart of a package of Bills which passed its first reading today Associate Justice Minister Nicole McKee says. 

    “The 63 changes in these Bills will deliver real impacts for everyday New Zealanders. The changes will improve court timeliness and efficiency, boost access to justice, and reduce regulatory burdens,” Mrs McKee says.

    The Regulatory Systems (Courts) Amendment Bill will enable coroners to better direct their resources to where they are most needed, and in doing so reduce wait-times and uncertainty for grieving families.

    “We are enabling coroners’ cases to be dealt with more efficiently, which will mean families and whānau will receive coroners’ findings sooner. 

    “This Bill also strengthens the protections for witnesses and informants. It clarifies that information which may lead to the identification of the address of the place where a witness or informant works cannot be disclosed to the defendant, except in specific circumstances. This will increase safety and privacy for witnesses and informants,” Mrs McKee says. 

    The Regulatory Systems (Tribunals) Amendment Bill will increase access to justice by allowing the Disputes Tribunal to order the respondent to pay the filing fee to successful claimants. 

    This will make the system fairer for successful applicants to the Disputes Tribunal by enabling them to be reimbursed for the costs of enforcing their legal rights. 

    This Bill will also allow the Private Security Personnel Licensing Authority to accept complaints about people who are allegedly working without a licence or certificate of approval. This amendment will help to ensure that people working in the security industry are appropriately licensed and qualified. This should have a positive impact on public safety. 

    The final Bill in the package, the Regulatory Systems (Occupational Regulation) Amendment Bill, will increase operational efficiencies for regulators, reduce the burden of compliance and ensure services are performed with reasonable care and skill.

    “This Bill will reduce the burden of regulatory compliance by removing the current five-year disqualification period for failure to complete a real estate agent’s continuing professional development requirement. No other profession has this disqualification period. It is a disproportionate response that stops people from working in their chosen profession for five years,” Mrs McKee says.

    “It is clear that the justice system touches the lives of many people. We understand that engaging with the justice system can be frustrating, stressful, and confusing. These Bills are delivering on this Government’s commitment to improve access to justice, court timeliness, and the quality of existing regulation.”

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Fatality – Mountfort Park, Weymouth

    Source: New Zealand Police (National News)

    A person has died following an incident involving a motorcycle in Mountfort Park in Weymouth this evening.

    The incident was reported to Police at 7.40pm.

    Cordons are in place within the park and members of the public are asked to avoid the area.

    ENDS

    Issued by Police Media Centre. 
     

    MIL OSI New Zealand News

  • MIL-OSI Russia: Limits instead of blocking – banks will receive new tools for working with clients from the fraudsters’ database

    Translartion. Region: Russians Fedetion –

    Sours: Mainfin Bank –

    Why is the Central Bank of the Russian Federation easing restrictions on suspicious individuals?

    Federal Law No. 161 regulates the procedure for blocking accounts of clients whose data is contained in a unified database of information on cases of transactions carried out without consent. Also bank has the right to suspend service if information about fraud came from law enforcement agencies. However, tough measures affected not only real criminals – the accounts of legitimate citizens whose data were stolen and used to issue, for example, virtual kart.

    The easing of restrictions is aimed specifically at protecting honest clients who themselves suffered at the hands of fraudsters. Such persons will be able to use bank cards during the inspections, including transfers, but with a maximum amount limit. The sanctions will be completely lifted only after the information is removed from the Central Bank database.

    How will banks respond to suspicious transactions?

    The amendments currently being considered by the State Duma introduce a gradation of measures against suspicious citizens. It is assumed that after the bill is adopted:

    a complete blocking of banking services will be carried out only for clients included in the Central Bank of the Russian Federation database in the presence of an open criminal case; partial restrictions (transfer limit of 100 thousand rubles per month) will be allowed to be set by banks for persons included in the fraudsters database, but who were not subsequently involved in dubious schemes; clients from the “green zone” who were not included in the database or subject to measures of influence by the law enforcement system will be able to be served without restrictions.

    “Partial restrictions will be used when the amount of information received is insufficient, for example, when there are doubts that the client was involved in fraudulent schemes,” the lawyer notes.

    Experts are confident that the relaxations will not affect obvious drops – intermediaries in the activities of fraudsters will continue to be effectively blocked. The choice of restrictive measures will fall on the bank – credit institutions will be able to independently introduce bans and blocking depending on the nature of suspicions.

    09:55 02/18/2025

    Source:

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //Mainfin.ru/novosti/ Limits-Vesta-Blokovka-Banki-Recychata-New-Instruments-Forms-S-Clients-BAZ-OILENS

    MIL OSI Russia News

  • MIL-OSI New Zealand: State Highway 8 between Millers Flat and Raes Junction impacted by flooding

    Source: New Zealand Police (District News)

    State Highway 8 between Millers Flat and Raes Junction is being impacted by flooding.

    Motorists are asked take alternative routes if possible, or delay travel.

    Anyone travelling on the road is asked to drive with caution and adjust your driving to the conditions. 

    ENDS

    Issued by Police Media Centre.  

    MIL OSI New Zealand News

  • MIL-OSI: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTION 9(4) AND (5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025

    18 February 2025

    Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order.

    Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which extends the Offer Period for the Offer. The Supplement has been approved by the Danish FSA on 18 February 2025 in accordance with section 9(4) and section 9(5) of the Danish Takeover Order.

    Under the Offer document, the offer period is set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”).

    With the Supplement, Nykredit extends the Initial Offer Period, such that the Offer will expire on 20 March 2025 at 23:59 (CET). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 20 March 2025 at 23:59 (the “Extended Offer Period”).

    The purpose of the extension is to provide Nykredit with more time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer. The process to obtain such approval from the Danish Competition and Consumer Authority is proceeding as planned.

    If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the Extended Offer Period further.

    The extension of the Initial Offer Period entails that the expected completion of the Offer and settlement of the Offer Price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 28 March 2025.

    At the time of this announcement, Nykredit holds 32.44 per cent of the shares in Spar Nord Bank, and on 4 February 2025 Nykredit released an announcement to the effect that a preliminary compilation of the acceptances that Nykredit is aware of indicates that the 67 per cent acceptance limit of the Offer has been achieved. The final result of the Offer will be determined on expiry of the Offer Period and published in accordance with section 21(3) of the Danish Takeover Order.

    The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

    About Spar Nord Bank

    Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

    Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

    The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

    About Nykredit

    Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

    Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

    Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

    Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

    Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9 B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

    This announcement and the Offer Document (with Supplement) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with Supplement) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank Shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the Laws of such jurisdiction, including securities Laws. It is the responsibility of all Persons obtaining announcement, the Supplement, the Offer Document, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to Shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable Law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.


    1 Executive Order no. 636 of 15 May 2020

    Attachment

    The MIL Network

  • MIL-OSI: Correction: Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025 – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT IS PUBLISHED PURSUANT TO SECTION 9(4) AND (5) AND SECTION 21(3) OF EXECUTIVE ORDER NO. 636 OF 15 MAY 2020

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Publication of supplement concerning extension of offer period for Nykredit’s recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025

    18 February 2025

    Nykredit extends the offer period concerning the recommended, voluntary public tender offer for Spar Nord Bank A/S until 20 March 2025

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order.

    Today, Nykredit published a supplement (the “Supplement”) to the Offer Document, which extends the Offer Period for the Offer. The Supplement has been approved by the Danish FSA on 18 February 2025 in accordance with section 9(4) and section 9(5) of the Danish Takeover Order.

    Under the Offer document, the offer period is set to expire on 19 February 2025 at 23:59 (CET) (the “Initial Offer Period”).

    With the Supplement, Nykredit extends the Initial Offer Period, such that the Offer will expire on 20 March 2025 at 23:59 (CET). Subsequently, any reference to the “Offer Period” in the Offer Document or other documents relating to the Offer will refer to the period commencing on the day of publication of the Offer Document on 8 January 2025 and ending on 20 March 2025 at 23:59 (the “Extended Offer Period”).

    The purpose of the extension is to provide Nykredit with more time to obtain the approval from the Danish Competition and Consumer Authority required to complete the Offer. The process to obtain such approval from the Danish Competition and Consumer Authority is proceeding as planned.

    If the approval from the Danish Competition and Consumer Authority has not been granted by the expiry of the Extended Offer Period, Nykredit expects to extend the Extended Offer Period further.

    The extension of the Initial Offer Period entails that the expected completion of the Offer and settlement of the Offer Price to the Spar Nord Bank shareholders who have accepted the Offer will be extended correspondingly. Completion is subsequently expected to take place on 28 March 2025.

    At the time of this announcement, Nykredit holds 32.44 per cent of the shares in Spar Nord Bank, and on 4 February 2025 Nykredit released an announcement to the effect that a preliminary compilation of the acceptances that Nykredit is aware of indicates that the 67 per cent acceptance limit of the Offer has been achieved. The final result of the Offer will be determined on expiry of the Offer Period and published in accordance with section 21(3) of the Danish Takeover Order.

    The full terms and conditions of the Offer are contained in the Offer Document as amended by the Supplement. The Offer Document and the Supplement are published in the Danish FSA’s OAM database: https://oam.finanstilsynet.dk/ and can also, with certain restrictions, be accessed at https://www.nykredit.com/kobstilbud-spar-nord/ and https://www.sparnord.dk/investor-relations/overtagelsestilbud.

    About Spar Nord Bank

    Spar Nord Bank was founded in 1824 and is now a nationwide bank with 58 branches. Spar Nord Bank offers all types of financial services, consultancy and products, focusing its business on retail customers and primarily small and medium-sized enterprises (SMEs) in the local areas in which the bank is represented. The bank is also focused on leasing operations and large corporate customers, which are both business areas handled by the head offices.

    Spar Nord Bank has historically been rooted in northern Jutland and continues to be a market leader in this region. However, in the period from 2002 to 2024, Spar Nord Bank has established and acquired branches outside northern Jutland. Over the course of the years, the bank has adjusted its branch network in an ongoing process and now has a nationwide distribution network comprising 58 branches. These 58 branches are distributed on 32 banking areas, each of which is headed by a manager reporting directly to the bank’s executive board.

    The Spar Nord Bank Group consists of two earnings entities: Spar Nord Bank’s branches and the Trading Division. As an entity, the Trading Division serves customers from Spar Nord Bank’s branches as well as large retail customers and institutional clients in the field of equities, bonds, fixed income and forex products, asset management and international transactions. Finally, under the concept Sparxpres, the bank offers consumer loans to personal customers through Sparxpres’ platform as well as debt consolidation loans and consumer financing via retail stores and gift voucher solutions via shopping centres and city associations.

    About Nykredit

    Nykredit Realkredit A/S (“Nykredit”) is a public limited company incorporated under the laws of Denmark, company reg. (CVR) no. 12 71 92 80, having its registered office at Sundkrogsgade 25, 2150 Nordhavn, Denmark. Nykredit is a mortgage credit institution and, together with its wholly-owned subsidiary Totalkredit A/S, is a market leader of the Danish mortgage credit market with a market share of some 45.2 per cent. Nykredit offers mortgage financing for private individuals and businesses.

    Nykredit is part of the Nykredit Group, which historically dates back to 1851. In addition to carrying on mortgage credit business, the Group carries on banking business through Nykredit Bank – including banking and wealth management operations – and has a total of around 4,000 employees in Denmark.

    Nykredit is owned by an association of the Nykredit Group’s customers, Forenet Kredit. Forenet Kredit owns close to 80 per cent of Nykredit’s shares. Other major shareholders are five Danish pension funds: Akademikernes Pension AP Pension, PensionDanmark, PFA and PKA.

    Nykredit is known for the advantages offered through the association. Forenet Kredit makes capital contributions to the Nykredit Group when times are good, and Nykredit has decided to pass these on to its customers.

    Since, 2017, Forenet Kredit has paid over DKK 8 billion in capital contributions to the Nykredit Group, and in the period to 2027, Forenet Kredit has provided a further DKK 7 billion.

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9 B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/kobstilbud-spar-nord/.

    This announcement and the Offer Document (with Supplement) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with Supplement) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank Shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Supplement, the Offer Document or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the Laws of such jurisdiction, including securities Laws. It is the responsibility of all Persons obtaining announcement, the Supplement, the Offer Document, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Supplement or the Offer Document to Shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable Law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.


    1 Executive Order no. 636 of 15 May 2020

    Attachments

    The MIL Network

  • MIL-OSI Australia: Arrest – Firearm offences – Pinelands

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested a 34-year-old male and is searching for another person of interest in relation to a stolen motor vehicle, drug offences and firearm offences in Pinelands yesterday afternoon.

    About 1:25pm, Fugitive Taskforce members observed a reported stolen motor vehicle parked at a service station on Stuart Highway. Members approached the driver who failed to comply with directions and attempted to flee from police in the vehicle. Members successfully deployed a taser and apprehended the male.

    A subsequent search of the vehicle identified a quantity of methamphetamine, cocaine, cannabis, ammunition and an imitation firearm.

    He was conveyed to Royal Darwin Hospital for medical assessment and was later charged with:

    • Resist Police in execution of duty
    • Driving a motor vehicle without consent
    • 2 x Possess Schedule 1 dangerous drug – less than traffickable quantity
    • Possess Schedule 2 dangerous drug – less than traffickable
    • Possess ammunition without a licence
    • Possess a prohibited weapon
    • Drive a motor vehicle whilst unlicenced
    • Breach of bail

    He was remanded to appear in Darwin Local Court today.

    Police believe another person of interest was in the service station when the arrest was unfolding and fled the scene.

    The Fugitive Taskforce has carriage of the investigation.

    MIL OSI News

  • MIL-OSI Australia: Serious crash at Eastwood

    Source: South Australia Police

    Police are at the scene of a serious crash at Eastwood.

    About 4.10pm today (Tuesday 18 February), emergency services were called to Greenhill Road after reports that a car had collided with a pedestrian.

    Westbound traffic is down to one lane approaching Glen Osmond Road.

    Please avoid the area if possible.

    MIL OSI News

  • MIL-OSI Asia-Pac: Confiscation order lawfully issued

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government today strongly condemned the unfounded smear and malicious attacks online, after the Court of First Instance, in accordance with the law, issued an order to confiscate the proceeds Hui Chi-fung obtained from committing offences endangering national security.

    The court, upon application by the Department of Justice (DoJ), issued the confiscation order under section 9 of Schedule 3 of the Implementation Rules of Article 43 of the National Security Law, concerning the confiscation of proceeds Hui Chi-fung obtained from the aforesaid offences.

    The Hong Kong SAR Government issued a statement to provide the facts and set the record straight, stressing that the application for and issuance of the confiscation order must comply with the strict conditions specified in Schedule 3 of the implementation rules, including that the court must be satisfied the absconded defendant could have been convicted of the relevant offence and must determine whether the defendant has benefitted from that offence.

    It stated that the court must also ascertain the value of the proceeds of the offence endangering national security and the amount that might be realised at the time the confiscation order is made. There is absolutely no situation in which private property could be “confiscated at any time” or “arbitrarily”.

    In addition to noting that Hui Chi-fung has committed numerous heinous crimes with a number of criminal charges laid against him, the Hong Kong SAR Government pointed out that he is currently a wanted person with a reward notice by Police and specified as a relevant absconder by the Secretary for Security under sections 89(1) of the Safeguarding National Security Ordinance.

    The Hong Kong SAR Government indicated that before and after Hui Chi-fung absconded from Hong Kong, he transferred nearly $2.5 million in personal assets as gifts to his mother and wife. The court is also satisfied with the relevant transaction evidence submitted by the DoJ.

    According to the law, if a defendant benefits from committing an offence endangering national security and makes a gift at any time from six years before the date of prosecution onwards, the property held by the recipient of the gift may be regarded as the defendant’s realisable property and confiscated.

    The value of the criminal proceeds ordered for confiscation by the court is determined strictly based on evidence and in accordance with the law. The value of the criminal proceeds attributed to Hui Chi-fung was calculated based on the relevant evidence to establish a reasonable value, the Hong Kong SAR Government explained.

    Additionally, it emphasised that Hong Kong is a society underpinned by the rule of law and has always adhered to the principle that laws must be obeyed and lawbreakers held accountable.

    Apart from specifying that it is a common and effective practice to make an application to the court for a confiscation order to prevent offenders from benefitting from their criminal acts, the Hong Kong SAR Government said that laws and mechanisms for confiscation of crime proceeds are common around the world.

    They cover the crime proceeds from commission of any serious offence, including offences endangering national security, it added.

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: State Highway 2, Matatā blocked by crash

    Source: New Zealand Police (District News)

    State Highway 2 near Matatā is blocked following a crash this evening.

    Police were advised at 6.20pm that a ute had rolled on State Highway 2, between the two turnoffs into McPherson Street.

    The driver is reported to have serious injuries and the road is expected to remain closed for some time.

    Motorists are asked to take alternative routes where possible.

    ENDS

    Issued by Police Media Centre. 
     

    MIL OSI New Zealand News

  • MIL-OSI Australia: New Warroo Bridge construction work set to start

    Source: New South Wales Government 2

    Headline: New Warroo Bridge construction work set to start

    Published: 18 February 2025

    Released by: Minister for Regional NSW, Minister for Regional Transport and Roads


    The Minns Labor Government is investing more than $15 million to deliver a safer, stronger new Warroo Bridge in the NSW Central West with construction work set to start in March.

    A new concrete bridge will be built just a few metres upstream from the existing 116-year-old bridge timber truss bridge which is located over the Lachlan River 46 kilometres west of Forbes and 55 kilometres south-east of Condobolin.

    Warroo Bridge is a critical connector in the region as it is the only major crossing of the Lachlan River linking the Lachlan Valley Way to the Henry Parkes Way between these two towns.

    The existing narrow bridge was built in 1909 and is not suitable for use by modern agricultural equipment or heavy vehicles with higher mass limit loads.

    If the existing bridge is closed for maintenance, motorists face a 93-kilometre detour to travel from one side of the bridge to the other.

    The Minns Labor Government is investing in construction of a new bridge that will be safer, more reliable and allow for more efficient transport, particularly for freight operators in regional NSW.

    Abergeldie Contractors Pty Ltd will deliver the work on behalf of Transport for NSW, with work due to start on March 3. The new bridge is expected to be open to traffic in late 2026, weather permitting.

    The existing Warroo Bridge will remain open to traffic throughout the construction of the replacement bridge and will be removed completely once the new bridge is operational.

    Transport for NSW will continue to update the community as construction progresses. For more information on the project visit the website of Transport for NSW

    Minister for Regional NSW Tara Moriarty said:

    “This new Warroo Bridge over the Lachlan River is an important piece of infrastructure that will make life easier for farmers, businesses and families in the Central West.

    “The new bridge will be safer and more reliable than the existing bridge that is now well over 100 years old.

    “This sort of investment is part of the NSW Government’s commitment to regional NSW and to driving jobs and investment across the state.”

    Minister for Regional Transport and Roads Jenny Aitchison said:

    “The Minns Labor Government is investing in the future of regional NSW by building better bridges that keep communities connected, improve safety and increase efficiency for freight operators.

    “I’m excited to see construction start on the new Warroo Bridge which will have wider travel lanes and better road approaches, increased load capacity for heavy vehicles, and improved access for wide vehicles.”

    Independent Member for Orange Phil Donato said:

    “It’s great to see the contract for this project has been awarded and construction is on track to commence.

    “Communities in our region rely on Warroo Bridge and when the new bridge is built it will make life so much easier for local residents and freight operators.”

    NSW Labor’s Orange spokesperson Stephen Lawrence MLC said:

    “The awarding of the contract to Abergeldie Contractors Pty Ltd to build the replacement Warroo Bridge is an important milestone in this project to improve transport efficiency and reliability in the Central West.

    “When construction is complete the community will have a fantastic new asset the Minns Labor Government is proud to be delivering.”

    MIL OSI News

  • MIL-OSI New Zealand: Activist News – No to anti-protest law – Peace Action Wellington

    Source: Peace Action Wellington

    In a report released today, the Independent Police Conduct Authority has called for new standalone legislation directed at preemptively policing protest.

    “I completely reject the IPCA recommendation for a specific protest law. It will limit our fundamental rights and freedoms,” said Valerie Morse.

    “We already have a great protest law: it’s called the NZ bill of rights.”

    “Police regularly try to limit or shut down protests that are simply embarrassing or unhelpful for the government. They cannot be trusted to prioritise people’s rights at protests.”

    “I have been arrested a number of times at protests. When these charges have gone to court the judge has thrown them out. If the police had had their way these protests never would have occurred.”

    “Just because similar jurisdictions have laws about policing protests doesn’t mean that they are a good idea. The US, UK and Australia are all suffering from extreme democratic deficits – in part due to authoritarian responses like these anti-protest laws.”

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Release: ACT taps out of Treaty Principles Bill submission process

    Source: New Zealand Labour Party

    “The ACT Party can’t be bothered putting an MP on one of the Justice subcommittees hearing submissions on their own Treaty Principles Bill,” Labour Justice Spokesperson Duncan Webb said.

    “It is bad enough that ACT has put New Zealand through the expense and anguish of this doomed Bill, but to then refuse to hear oral submissions is utterly disrespectful, lazy, and it shows that this is all just a stunt by David Seymour.

    “It is outrageous that $6 million of the taxpayer’s money is being misused to promote ACT Party ideology, while Christopher Luxon stands idly by. For the ACT Party to refuse to send an MP to hear 30 of the 80 hours of submissions just adds insult to injury.

    “Thousands of New Zealanders have spent hours carefully preparing their submissions and some have been invited to submit to the select committee. Those submitters deserve to have the ACT Party listen to what they have to say. The ACT Party’s suggestion that they have more important things to do is insulting and disingenuous,” Duncan Webb said.


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    MIL OSI New Zealand News

  • MIL-Evening Report: What is divestiture and how would it stop insurance companies ‘ripping off’ customers?

    Source: The Conversation (Au and NZ) – By Allan Fels, Professor Allan Fels, Professor of Law, Economics and Business at the University of Melbourne and Monash University., The University of Melbourne

    Australia is creeping towards adding a divestiture power to its Competition and Consumer Act.

    Under such a law, the courts, on the recommendation of the Australian Competition and Consumer Commission, could break a firm into parts.

    Divestiture is currently used in Australia when the competition and consumer commission considers proposed mergers. Often it will only approve a merger when certain parts of the business are broken up to prevent monopolies.

    It has also been used to deal with abuse of market power by electricity providers.

    Under the proposed change, a company with substantial market power which breaches the Consumer and Competition Act may be forced to divest assets to restore balance and ensure the market is competitive. This would reduce the possibility of consumers being over-charged.

    The Coalition has already proposed breaking up the major supermarkets, Coles and Woolworths which have been long-accused of price gouging customers.

    On Sunday, Coalition leader Peter Dutton signalled he was likely to introduce divestiture if elected to stop insurers from “ripping off” customers by charging exorbitant premiums or refusing to pay claims.

    Premiums have soared by 16.4% in the last year as Australia has been hit by major floods and bushfires. Climate Valuation analysts last month warned one in ten properties could be uninsurable by 2035.

    Repeating his position on Monday, Dutton said:

    If we have a situation where people are being priced out of insurance or they’re deemed an uninsurable risk when they shouldn’t be, that is a failure of the market and we’ll respond accordingly to that.

    He said insurance companies had to be responsible corporate citizens and work with their customers.

    We’re not going to have a situation where people can’t afford insurance or they’re being priced out of products.

    Previously the Morrison government enacted laws which enabled a breakup of energy companies in certain circumstances.

    Labor has not supported a divestiture power. One reason is the Shop, Distributive and Allied Employees Association has opposed such measures.

    The case for divestiture

    In principle there is a strong case for a divestiture law.

    Monopolies and market power stem from an industry being highly concentrated. Often the only way to prevent them from misusing their monopoly is to break them up. The solution could be left to the market or to price regulation or other remedies but these do not address the source of the problem.

    A divestiture power has long existed in the United States. It was used to break up oil, cigarettes, and chemicals in the early days of antitrust law. In the mid-80s it was successfully used to break up the AT&T telephone monopoly. AT&T controlled both long distance and local calls before it was broken up.

    But divestiture is only occasionally used and only when stringent criteria are satisfied.

    Some 20 years ago the US Department of Justice proposed a breakup of Microsoft – the case was never finalised because of procedural problems. However, the Federal Court laid out many prerequisites before this drastic remedy could occur.

    The power has been used in a number of other OECD countries including the United Kingdom.

    When divesting is necessary

    There has been heavy use in Australia of divestiture powers to break up gas and electricity monopolies in the last 30 years

    And there is a strong case for making it a general remedy available for all industries, even though its use would be infrequent.

    Importantly, the availability of this sanction would provide an incentive for firms to comply with abuse of market power provisions of the competition law. These provisions are intended to stop powerful businesses from deterring competition by making it difficult for new entrants to join the market.

    The sanctions for this part of the law currently are very weak. Fines are rarely imposed and if they are, they are small and seen as a cost of doing business to be weighed up against the benefits of anti-competitive behaviour.

    Another reason is that cases take many years. For example, the ACCC case v Safeway 19 years ago took seven years before a court resolution.

    A divestiture power would make firms far more careful before breaching the law.

    Too ‘Russian’?

    Occasionally people question the desirability of this power on the grounds it is the sort of thing you would only see in a country like Russia.

    In an ABC interview last February, Prime Minister Albanese said:

    We have a private sector economy in Australia and not a command and control economy […]We’re not the old Soviet Union. What we have the power to do is to encourage competition and encouraging new entrants.

    However, most observers agree one of the big failures of the Soviet economy has been failure to divest monopolies in energy, transport and other parts of the economy.

    The Coalition’s adoption of a divestiture remedy in three industries is welcome. We need at some point to move to a divestiture power that is available for the whole economy.

    Allan Fels is a former chair of the ACCC.

    ref. What is divestiture and how would it stop insurance companies ‘ripping off’ customers? – https://theconversation.com/what-is-divestiture-and-how-would-it-stop-insurance-companies-ripping-off-customers-250036

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Padilla, Schiff, EPW Democrats Demand Answers After Trump Illegally Pulls Zero-Emission Vehicle Infrastructure Funding

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Schiff, EPW Democrats Demand Answers After Trump Illegally Pulls Zero-Emission Vehicle Infrastructure Funding

    California was set to receive $384 million from National Electric Vehicle Infrastructure program over 5 years
    WASHINGTON, D.C. — U.S. Senators Alex Padilla and Adam Schiff (both D-Calif.), members of the Senate Committee on Environment and Public Works (EPW), joined all Democratic members of the Committee in demanding answers from Department of Transportation (DOT) Secretary Sean Duffy about the abrupt cutoff of funds for the National Electric Vehicle Infrastructure (NEVI) Formula Program. The Joint Office of Energy and Transportation approved California’s five-year NEVI Deployment Plan on September 29, 2023, granting the state $384 million for critical zero-emission vehicle infrastructure along its highways, but the Trump Administration has illegally frozen the NEVI program.
    The NEVI program — included in the Bipartisan Infrastructure Law — provides funding directly to states for installing public zero-emission vehicle charging stations, which would lower fuel costs for families, reduce U.S. dependence on fossil fuels, and create construction jobs nationwide. In a memo to state departments of transportation, the Federal Highway Administration announced states will no longer have access to $3 billion in previously approved federal funds for future construction projects.
    “All 50 states plus the District of Columbia and Puerto Rico invested time and resources to prepare their plans, and all plans were approved by the U.S. Department of Transportation. Your abrupt cutoff of NEVI funding disregards these efforts and subjects states and their partners to delay, uncertainty, and bureaucratic red tape. It also threatens the jobs, innovation, and environmental benefits that this program was ready and authorized to deliver through implementation,” wrote the Senators. 
    “Unfortunately, your refusal to release NEVI funds to states is part of a larger, ongoing pattern by the Trump Administration of subverting the Constitution’s dedication to Congress of authority over federal spending,” continued the Senators. “As sweeping and vague as recent Executive Orders may be in expressing the administration’s policy preferences, they do not provide license under the Constitution to cut off funding for programs authorized and funded by Congress and enacted into law, and upon which our sovereign states have justifiably relied.”
    The NEVI program invests in states to accelerate the nationwide buildout of public zero-emission vehicle charging infrastructure. States have already awarded more than $510 million in NEVI funding to construct charging ports, with more contracts ready to move forward. By pulling this funding, the Trump Administration is jeopardizing planned construction that could establish charging stations every 50 miles along 70 percent of major travel corridors by the end of 2055. Canceling this funding would leave many families, particularly in rural communities, without access to affordable zero-emission vehicle chargers.
    Expanding access to reliable chargers will give Americans more choices in vehicles by making clean energy options more practical and by reducing dependence on expensive fossil-fueled cars. If implemented, NEVI investments will help curb the carbon pollution driving climate change, which poses an increasing threat to the U.S. economy and to American families through higher prices for groceries, insurance, and more.
    In addition to Senators Padilla and Schiff, Senators Sheldon Whitehouse (D-R.I.), Angela Alsobrooks (D-Md.), Lisa Blunt Rochester (D-Del.), Mark Kelly (D-Ariz.), Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), and Bernie Sanders (I-Vt.) also signed the letter.
    The Senators requested documents and information by February 18, 2025, and an immediate reinstatement of NEVI funding.
    Senator Padilla has consistently fought to reduce emissions across the transportation and freight sectors. Last year, Padilla successfully pushed the Biden Administration to launch a National Zero-Emission Freight Corridor Strategy to guide the national deployment of zero-emission medium- and heavy-duty freight transportation vehicle (ZE-MHDV) charging and fueling infrastructure, which followed his efforts to call on the Joint Office to prioritize the deployment of ZE-MHDV as part of its core mission.
    Since 2024, Senator Padilla has announced over $440 million for zero-emission vehicle charging and fueling infrastructure from the Charging and Fueling Infrastructure Grant Program. In 2023, Padilla, Senator Cory Booker (D-N.J.), and Representative Nanette Díaz Barragán (D-Calif.-44) introduced the bicameral EVs for All Act, legislation that would increase access to zero-emission vehicles for residents of public housing across the nation.
    Full text of the letter is available here and below:
    Dear Secretary Duffy,
    We write in strong opposition to your cutoff of funding for the National Electric Vehicle Infrastructure (NEVI) Formula Program.  This action shows blatant disrespect for the law and for constitutional order.  
    Established in the bipartisan infrastructure law, the NEVI program provides funding for every state in the nation.  As a condition for using this funding, the Biden Administration required each state department of transportation to submit for approval an EV Infrastructure Deployment Plan—a responsible step to encourage states to think carefully about how they spend their funds under this program.  All 50 states plus the District of Columbia and Puerto Rico invested time and resources to prepare their plans, and all plans were approved by the U.S. Department of Transportation.  Your abrupt cutoff of NEVI funding disregards these efforts and subjects states and their partners to delay, uncertainty, and bureaucratic red tape.  It also threatens the jobs, innovation, and environmental benefits that this program was ready and authorized to deliver through implementation.
    Unfortunately, your refusal to release NEVI funds to states is part of a larger, ongoing pattern by the Trump Administration of subverting the Constitution’s delegation to Congress of authority over federal spending.  As sweeping and vague as recent Executive Orders may be in expressing the administration’s policy preferences, they do not provide license under the Constitution to cut off funding for programs authorized and funded by Congress and enacted into law, and upon which our sovereign states have justifiably relied.  
    For these reasons, we urge you to retract your February 6 letter and to implement the law according to your responsibilities.  In addition, in order to assist us in understanding how and why you reached this decision hastily and in blatant disregard of the law, please respond to the following questions and requests for production of documents by no later than February 18, 2025:
    1. On what legal grounds does the Department of Transportation (DOT) believe it has the authority to cancel all funding nationwide for the NEVI program?  Please cite to specific statutory or regulatory authority that permits DOT to cancel such a Congressionally-authorized appropriation.  We note that executive orders do not qualify as such statutory or regulatory authority, as they are neither statutes nor regulations.
    2. Did any individual or office within the White House, the Office of Management and Budget (OMB), or the so-called “Department of Government Efficiency” specifically instruct you to cancel funding for the NEVI program?  If so, who did?
    3. Please provide all emails dated November 5, 2024, through February 6, 2025, among and between you, DOT officials, the Trump-Vance Transition Team, the White House, Elon Musk, anyone working for or affiliated with the so-called “Department of Government Efficiency,” Russell Vought, and Office of Management and Budget officials—including but not limited to all “special government employees”—concerning the NEVI program.
    Thank you for your attention to this matter.
    Sincerely,

    MIL OSI USA News

  • MIL-OSI Economics: African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

    Source: African Development Bank Group

    African Development Bank Group President Dr. Akinwumi A. Adesina, delivered a compelling farewell address to Heads of State and Government at the 38th African Union Summit, highlighting a decade of remarkable achievements by the Bank in driving Africa’s economic transformation. Adesina’s participation at the august continental gathering in Addis Ababa ended on a high note as African leaders considered and endorsed four Bank-led initiatives including the drive to connect 300 million Africans to electricity by 2030, measuring Africa’s green wealth as part of its GDP, a $20 billion facility to provide Africa with a financial buffer and a roadmap for the continent to achieve inclusive growth and rapid sustainable development.

    Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s High 5s Agenda—Light up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa—which has impacted more than half a billion lives across the continent.

    “It has been an unprecedented partnership to advance the goal of the African Union towards achieving Agenda 2063: the Africa we want,” said Adesina who in February 2022, became the first president of the Bank Group to address the AU Summit.

    During the final day of the assembly, several African governments and AU officials paid tribute to Dr. Adesina for his exceptional leadership of the Bank and strong global advocacy for Africa, He ends his tenure as the Bank Group’s president on 1st September 2025.

    The February 15–16 Summit saw the election of Djibouti’s Foreign Minister Mahmoud Ali Youssouf as Chairperson of the African Union Commission, taking over from Moussa Faki Mahamat. Algeria’s Ambassador, Salma Malika Haddadi, was elected the Commission’s Deputy Chairperson.

    African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade.

    Reflecting on his tenure at the helm of the African Development Bank, Dr. Adesina said the Bank has transformed 515 million lives, including 231 million women, over the past decade:

    • 127 million people gained access to better services in terms of health.
    • 61 million people gained access to clean water.
    • 33 million people benefited from improved sanitation.
    • 46 million people gained access to ICT services, and
    • 25 million people gained access to electricity.

    He cited the landmark Africa Energy Summit held in Tanzania in January, where 48 nations signed the Dar Es Salaam Declaration to adopt bold policies in support of an initiative by the World Bank and the African Development Bank to extend electricity access to 300 million Africans by 2030. That meeting, attended by 21 heads of state, secured $48 billion in commitments from the two institutions and an additional $7 billion from other development partners.

    The Addis Ababa Summit endorsed the Dar Es Salaam Energy Declaration, the Baku Declaration by African Heads of State on Measuring the Green Wealth of Africa. The Assembly also adopted the African Financing Stability Mechanism, a groundbreaking initiative by the African Development Bank to provide $20 billion in debt refinancing for African nations alongside  the Strategic Framework on Key Actions to Achieve Inclusive Growth and Sustainable Development in Africa report which  outlines key actions required to enable Africa to achieve, and sustain an annual growth rate of at least 7% of GDP over the next five decades.

    African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025.

    On food security, Adesina cited the Bank’s Technologies for African Agricultural Transformation (TAAT), the Dakar 2 Food Summit that mobilized $72 billion in 2023, and the $1.5 billion Africa Emergency Food Production Facility that was launched in May 2022 to avert a major food and fertilizer crisis triggered by global conflicts.

    “The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” he stressed. With the support of the Bank, Ethiopia has achieved self-sufficiency in wheat production within four years and is now a wheat-exporting nation.

    A Decade of Transformative Impact

    With a strong focus on job creation, the Bank has trained 1.7 million youth in digital skills and is rolling out Youth Entrepreneurship Investment Banks to drive youth-led economic growth. “Our goal is simple: create youth-based wealth across Africa,” Adesina reiterated.

    Additionally, the Affirmative Finance Action for Women in Africa (AFAWA) initiative has provided $2.5 billion in financing to over 24,000 women-owned businesses, said Adesina.

    “The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina.

    Over the past decade, the African Development Bank has invested over $55 billion in infrastructure, making it the largest multilateral financier of African infrastructure.

    The Bank has also prioritized healthcare, committing $3 billion in quality healthcare infrastructure and another $3 billion for pharmaceutical development, including establishing the Africa Pharmaceutical Technology Foundation.

    Historic Financial Mobilization for Africa

    Under Adesina’s presidency, the Bank achieved its largest-ever capital increase, growing from $93 billion in 2015 to $318 billion currently. The most recent replenishment of the African Development Fund, the Bank Group’s concessional window, raised a record $8.9 billion for Africa’s 37 low-income countries, setting the stage for a target of $25 billion for its upcoming 17th replenishment.

    The Africa Investment Forum, a joint effort with eight other partner institutions, has also mobilized over $200 billion in investment commitments, reinforcing Africa as a leading investment destination.

    The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024.)

    As he bade farewell, the outgoing Bank chief expressed gratitude to the African Heads of State, the African Union Commission, regional economic communities, and the people of Africa for their unwavering support.

    “As today will be my final attendance of the AU Summit as President of the African Development Bank, I would like to use this opportunity to immensely thank your Excellencies Heads of State and Government for your extraordinary support over the past ten years. I am very grateful for your always being there for the African Development Bank—your Bank. I am very grateful for your kindness, friendship, and partnership as we forged global alliances to advance the continent’s interest around the world,” he said. 

    The 2025 Summit under the theme, Justice for Africans and People of African Descent Through Reparations,” drew global political leaders and other dignitaries, including UN Secretary-General António Guterres, and the Prime Minister of Barbados, Mia Mottley.

    UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture.

    Guterres reiterated calls for reform of the international financial architecture, which is hampering the development of many African economies, beset by expensive debt repayments and high borrowing costs, which limits their capacity to invest in education, health and other essential needs.

    Prime Minister Mottley emphasized Africa’s strategic role in shaping global economic trends, particularly highlighting the continent’s control of 40% of the world’s minerals. She stressed the importance of addressing emerging challenges like artificial intelligence, urging African nations to take a proactive role in technological advancement rather than becoming “victims of technology.”

    She also underscored the urgency of removing artificial barriers between Africa and the Caribbean, calling for the elimination of transit visa requirements to boost trade and integration. Mottley echoed demands for reparatory justice, noting that both the Caribbean and Africa began their independence journey with “chronic deficits” in resources, fairness, and opportunity.

    Opening the Summit on Saturday, Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity among member countries in addressing the challenges.

    Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges

    “In a world marked by rapid change and multiple challenges, we find ourselves at the crossroads of uncertainty and opportunity. This movement calls upon us to strengthen our collective resolve, embrace resilience and foster unity across Africa”, he said.

    MIL OSI Economics

  • MIL-OSI Australia: Woman reported after school incident

    Source: South Australia Police

    A woman has been reported after an incident at a northeastern suburbs school earlier this month.

    It will be alleged about 3pm on Monday 3 February, the woman entered a classroom and verbally threatened a teenage girl.

    Thankfully, the student involved was not physically injured.

    Following investigations and after speaking with all parties, police have reported a 31-year-old Para Vista woman for assault.

    She will be summonsed to appear in the Adelaide Magistrates Court at a later date.

    MIL OSI News

  • MIL-OSI Australia: Four people charged with aggravated assault following disturbance in Glenorchy

    Source: Tasmania Police

    Four people charged with aggravated assault following disturbance in Glenorchy

    Tuesday, 18 February 2025 – 2:12 pm.

    Police have charged four people in relation to a disturbance in Glenorchy about 7.20pm on Sunday.
    Police will allege the four people attended an address on Chapel Street and threated the occupants.
    No serious injuries were sustained, and the people were known to each other.
    A 19-year-old man and an 18-year-old man, both from Lutana, have been charged with aggravated assault. They were bailed to appear in court at a later date.
    Additionally, two youths have also been charged with aggravated assault. They were bailed to appear in the Youth Justice Court at a later date.
    Police would like to speak to anyone with witness information or CCTV or dash camera footage of the area around the time.
    Information can be provided to police on 131 444 or through Crime Stoppers Tasmania at crimestopperstas.com.au or on 1800 333 000 (info can be provided anonymously). Quote reference OR767019.

    MIL OSI News

  • MIL-Evening Report: Australia is deporting 3 non-citizens from the ‘NZYQ’ group to Nauru. What could it do instead?

    Source: The Conversation (Au and NZ) – By Mary Anne Kenny, Associate Professor, School of Law, Murdoch University

    Australia’s minister for home affairs announced on Sunday that the federal government has struck a deal with Nauru to “resettle” three non-citizens from what’s come to be known as the “NZYQ cohort”.

    The NZYQ cohort is a group of people released from long-term immigration detention after the High Court’s NZYQ 2023 decision.

    The court found their ongoing detention was unconstitutional where there was no reasonable prospect of removing them to another country. This led to the release of over 200 people from detention, the majority of whom had previously had visas cancelled on character grounds or had committed crimes.

    This new deal with Nauru has significant implications.

    What happened on the weekend?

    According to the home affairs minister, three people from the NZYQ group have now been granted 30-year visas by Nauru, and will soon be removed to that country.

    The minister said all three have criminal histories. One has been convicted of murder.

    Nauru may accept more people from the NZYQ cohort, referring to these people as “the first three”. The minister says he expects a legal challenge to their removal.




    Read more:
    High Court reasons on immigration ruling pave way for further legislation


    Why it is this development significant?

    Once a non-citizen has had their visa cancelled on criminal grounds, they are often deported to their country of origin after serving their prison sentence.

    However, the individuals in the NZYQ group cannot be returned to their country of origin. That could be because international law prevents Australia returning them to places where they may face harm (a principle known as “non-refoulement”).

    Or, they may have no recognised nationality and no country to accept them.

    This raises the question of what should be done with them after they complete their prison sentence.

    Up until the decision in NZYQ, people in this situation were simply kept in immigration detention. It was often almost impossible to get another country to accept them.

    The Australian government tried to get many other countries to accept the man at the centre of the NZYQ case. This person, a stateless Rohingnya man given the pseudonym NZYQ, had been convicted of a serious crime.

    The High Court noted no country had a standard practice of resettling people in situations such as this. It noted the immigration department had never successfully transferred such a person to a third country (in other words, to a place that was not Australia, and not their country of origin).

    The Nauru deal announced on the weekend is an important development, in part because it is the first significant use of new migration laws rushed through late last year.

    What do the new migration laws allow?

    These laws aimed to respond to concerns around the NZYQ cohort being released into the community.

    The new laws allow the government to transfer non-citizens to third countries, in this case Nauru, under “third country reception arrangements.”

    The details of these agreements are left entirely to the discretion of government. The laws grant broad powers to remove people and provide payments to those third countries.

    People who may be removed to a third country include those in the NZYQ group who, since the High Court decision, have been living in the community on bridging visas.

    The new laws allow the government to transfer non-citizens to third countries, in this case Nauru.
    Robert Szymanski/Shutterstock

    Why are some concerned?

    A major issue is the uncertainty surrounding the rights and support of individuals sent to Nauru.

    It’s unclear how or whether these people will be able to get housing and access to work, or how they might be treated in a country with high unemployment. Some may have family members in Australia and may be separated indefinitely from them.

    The United Nations High Commissioner for Refugees has raised significant concerns around what it calls “externalisation” of international protection obligations without adequate protection safeguards or standards of treatment.

    Externalisation, it says, can lead to

    indefinite “warehousing” of asylum-seekers in isolated places, exposing them to indirect refoulement and other dangers.

    The UN Human Rights Committee has also said that outsourcing operations to another country did not absolve Australia of accountability and its human rights obligations.

    A possible precedent

    A final concern is the precedent this agreement with Nauru sets for how other countries may treat refugees with criminal convictions.

    Australia’s model of offshore processing has already been used as a reference by other countries, including the UK.

    With the growing international debate about managing refugees with criminal convictions, this arrangement may end up being replicated elsewhere.

    The lack of safeguards for people in third countries, such as Nauru, could mean refugees and asylum seekers are transferred without proper protection, exposing them to further harm.

    How do other countries handle cases like this?

    It is not uncommon for countries to send criminal deportees to their home countries. But in situations where people are stateless or cannot be sent home due to a fear of serious harm, countries either have to allow the person to remain or seek an alternative country to send them to.

    However, it remains very hard for countries to convince other countries to accept people who have criminal convictions.

    Earlier this year, US President Donald Trump signed an executive order to prepare a detention facility at Guantanamo Bay in order to hold up to 30,000 “high-priority criminal aliens unlawfully present in the United States”.

    Exact details of the arrangement remain unclear and the plan has been criticised by a range of human rights groups and legal organisations.

    What are the alternatives to Australia’s Nauru plan?

    Other countries have established systems for managing non-citizens who are not entitled to protection or whose visas have been revoked due to criminal offences, ensuring they are not detained indefinitely.

    After completing their prison sentences, these individuals are typically released into the community, where domestic law enforcement handles any further offending.

    Neglecting to address offending behaviour or rehabilitation within the Australian system – whether during imprisonment, detention, or in the community – and then deporting individuals to developing countries doesn’t really solve the problem.

    It simply means we are externalising the problem to a poorer country.

    Mary Anne Kenny has received funding from the ARC. She is a member of the Migration Institute of Australia and the Law Council of Australia and an affiliate of the UNSW Kaldor Centre for International Refugee Law. She previously was an independent advisor to the governments of Australia and Nauru as part of the Joint Advisory Committee on Nauru between 2012 – 2016.

    Lisa van Toor receives funding from Research Training Plan (RTP) scholarship for her PhD. She is currently a PhD student with the UNSW Kaldor Centre for International Refugee Law. She previously was a Judge’s Associate in the Supreme Court of Nauru between 2018-2019. Lisa is a member of the Greens WA.

    ref. Australia is deporting 3 non-citizens from the ‘NZYQ’ group to Nauru. What could it do instead? – https://theconversation.com/australia-is-deporting-3-non-citizens-from-the-nzyq-group-to-nauru-what-could-it-do-instead-250053

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Man charged after pedestrians injured in car park

    Source: New Zealand Police (District News)

    A man has been charged after several people were injured when a vehicle fled the scene of a shoplifting in Henderson.

    Waitematā West CIB have been investigating the offending which unfolded in the car park at Woolworths on Lincoln Road after 11am on 27 January.

    Detective Senior Sergeant Megan Goldie says a shoplifting allegedly occurred at the supermarket, with the female offender running to a waiting vehicle.

    “The driver tried to leave the car park quickly but, in the process, crashed into another vehicle carrying two occupants,” she says.

    “Shockingly, the getaway driver allegedly stole a handbag from the victims he had just crashed into after the occupants got out to exchange details.”

    A third member of the public tried to intervene with what was unfolding.

    “All three members of the public suffered injuries after the getaway vehicle was driven off at speed,” Detective Senior Sergeant Goldie says.

    “They all suffered physical injuries including grazing and bruising.

    “Understandably this ordeal has left them very shaken up and we are continuing to support them through this process.”

    This week, detectives located a 19-year-old Ranui man and charged him with three counts of aggravated assault and one count of theft.

    He will appear in the Waitākere District Court on 24 February.

    Detective Senior Sergeant Goldie says the initial offender, a 21-year-old woman, has been summonsed to court over the supermarket shoplifting.

    “I would like to acknowledge the support from the public we received in this investigation,” she says.

    ENDS.

    Jarred Williamson/NZ Police

    MIL OSI New Zealand News

  • MIL-OSI Australia: West Tamar man charged with fraud and stealing from employer

    Source: Tasmania Police

    West Tamar man charged with fraud and stealing from employer

    Tuesday, 18 February 2025 – 1:22 pm.

    Police have charged a 55-year-old West Tamar man with fraud and stealing following an investigation relating to his former employment at a northern Tasmanian aged care provider.
    In December 2024 police executed a search warrant at a West Tamar address, and seized three vehicles.
    Following further investigation, a fourth vehicle was seized in Victoria last Friday.
    The man was arrested yesterday and charged with three counts of stealing, and two counts of fraud.
    He has been bailed to appear in the Devonport Magistrates Court on 19 May 2025.

    MIL OSI News

  • MIL-OSI Australia: Death following Exeter crash on 8 January

    Source: Tasmania Police

    Death following Exeter crash on 8 January

    Tuesday, 18 February 2025 – 12:10 pm.

    Sadly, police can confirm a 78-year-old woman died yesterday in Northern Tasmania.  
    The woman was involved in a crash on Main Road at Exeter on 8 January.  
    Following the crash the woman was taken to hospital in a serious condition and has since passed away. 
    Our thoughts are with the family and loved ones of the woman. 
    A report will be prepared for the Coroner.

    MIL OSI News

  • MIL-OSI New Zealand: Rotorua Police appeal for sightings of missing man

    Source: New Zealand Police (National News)

    Rotorua Police are appealing for sightings of Mark Taute, also known as Mark Edwards.

    Mark, aged 51, has been reported missing and there are concerns for his welfare.

    He was last seen on 9 February, in the Hamurana area of Rotorua.

    If you have seen Mark since then, or have information on his possible whereabouts, please contact Police via 105 and quote file number 250213/7033.
     

    ENDS

    Issued by Police Media Centre. 

    MIL OSI New Zealand News

  • MIL-OSI Australia: Concern for welfare – Douglas Daly

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force hold concerns for the welfare of 89-year-old Roland.

    Around 5pm on Monday 17 February, Roland’s vehicle was located by a member of the public washed off the Stray Creek Crossing on Fleming Road, Douglas Daly.

    He was not located him inside the vehicle or during searches conducted in the surrounding areas.

    Around 10:30pm, Roland’s son, who was in Darwin at the time, contacted police to report the incident.

    Daly River Police attended to commence investigations, and the search was called off a short-time later due to weather conditions.

    Search and Rescue Section deployed early this morning with both land and air assets and investigations remain ongoing.

    If anyone has any information on his whereabouts, please contact police on 131 444. 

    MIL OSI News

  • MIL-OSI New Zealand: Gaza – Less than seven percent of pre-conflict water levels available to Rafah and North Gaza, worsening a health catastrophe – Oxfam

    Source: Oxfam Aotearoa

     Nearly 1,700 kilometres of water and sanitation networks have been destroyed
     Big-ticket repairs of networks urgently needed but Israeli government balks in approving supplies
    The resumption of aid into Gaza, including fuel to operate undamaged water and sanitation facilities along with water trucking, has improved the amount of water available to people in some parts of Gaza. But the picture remains extremely bleak and dangerously critical, especially in the North Gaza and Rafah governorates, warned Oxfam today.
    Fifteen months of Israel’s military assault has destroyed 1,675 kilometres of water and sanitation networks. In North Gaza and Rafah governorates, which have suffered the most destruction, less than seven percent of pre-conflict water levels is available to people, heightening the spread of waterborne diseases.
    As fragile ceasefire negotiations hang in the balance, any renewed violence or disruption to fuel and the already inadequate aid would trigger a full-scale public health disaster.
    Carlos Calderon, Oxfam Aotearoa’s Head of Partnerships and Humanitarian said:
    “No human can survive more than a few days without water. In Gaza, over two million people are being forced to drink from unsafe sources, while overflowing sewage networks create a breeding ground for deadly diseases we once conquered. This is a second humanitarian catastrophe in the making. What we do next will define who we are as a society.”
    Clémence Lagouardat, Oxfam’s Humanitarian Coordinator in Gaza said:
    “Now that the bombs have stopped, we have only just begun to grasp the sheer scale of destruction to Gaza’s water and sanitation infrastructure. Most vital water and sanitation networks have been entirely lost or paralyzed, which is creating catastrophic hygiene and health conditions.
    “Our staff and partners have told how people are stopping them in the streets asking for water, and that parents are not drinking to save water for their children. It is heartbreaking to hear about children having to walk for miles for a single jerrycan of water.”
    In the North Gaza governorate, almost all water wells have been destroyed by the Israeli military. Over 700,000 people have returned to find entire neighbourhoods wiped out. For the few whose homes remain standing, water is non-existent due to the destruction of rooftop storage tanks.
    In Rafah, over 90 percent of water wells and reservoirs have been partially or completely damaged, and water production is less than five percent of its capacity before the conflict. Only two out of 35 wells are currently operational.
    Despite efforts to resume water production since the ceasefire, the destruction of Gaza’s water pipelines means that 60 percent of water is leaking into the ground rather than reaching people.
    Oxfam and partners’ initial assessment after the ceasefire found:
    – More than 80 percent of water and sanitation infrastructure across the Gaza Strip has been partially or entirely destroyed, including all six major wastewater treatment plants.
    – 85 percent of the sewage pumping stations (73 out of 84) and networks have been destroyed. Some have been repaired but urgently require fuel to operate.
    – 85 percent of small desalination plants (85 out of 103) have been partially damaged or completely destroyed.
    – 67 percent of the 368 municipal wells have been destroyed. Most of the private small wells cannot function due to lack of fuel or generators.
    The lack of safe water, combined with untreated sewage overflowing in the streets has triggered an explosion of waterborne and infectious diseases. According to the World Health Organisation, 88 percent of environmental samples surveyed across Gaza were found contaminated with polio, signalling an imminent risk of outbreak. Infectious diseases including acute watery diarrhoea and respiratory infections – now the leading causes of death – are also surging, with 46,000 cases, mostly children, being reported each week.
    Chickenpox and skin diseases such as scabies and impetigo are also spreading rapidly, particularly among displaced populations in the Northern Gaza Governorate, where water shortages are most severe.
    Meanwhile, with no waste collection and transport for over 15 months, more than 2,000 tonnes of garbage has been piling up in the streets every day. This toxic combination of open sewage, uncollected waste and contaminated water is creating a perfect storm for a deadly disease outbreak.
    Lagouardat said: “Despite the increase in aid since the ceasefire, Israel continues to severely impair critical items needed to begin repairing the massive structural damage from its airstrikes. This includes desperately needed pipes for repairing water and sanitation networks, equipment like generators to operate wells.”
    Oxfam’s own 85 tonne-shipment of water pipes, fittings and water tanks – worth over $480,000 – had been held up for over six months because it was deemed as dual-use and “oversized” to enter. Israeli authorities only finally approved the shipment this week, although it has yet to enter.
    Lagouardat said: “Hundreds of thousands of displaced people across the Gaza Strip have had to resort to digging makeshift cesspits next to their tents. This daily discharge of approximately 130,000 cubic meters – the equivalent of 52 Olympic pools – of untreated sewage is contaminating the Mediterranean Sea and Gaza’s only aquifer.
    “Rebuilding water and sanitation is vital for Gaza to have a path to normalcy after 15 months of horror. The ceasefire must hold, and fuel and aid must flow so that Palestinians can rebuild their lives. Lasting peace for Palestinians and Israelis can only come through a permanent ceasefire and a just solution.”
    – Oxfam has recent photos and footage of water and sanitation destruction in Gaza and can be downloaded HERE(valid until 14 May 25)
    – According to the Coastal Municipalities Water Utility (CMWU) as of February 2025, a total of 1675 km out of 4,800 km of Gaza’s water and sanitation networks have been partially or entirely destroyed since October 2023. This includes 350km in North Gaza, 495km in Gaza City, 240 Km in the Middle area, 350km in Khan Younis, and 240km in Rafah respectively.
    – Data on water and sanitation destruction is based on the Coastal Municipalities Water Utility (CMWU) Rapid Damage Assessment Report, January 2025.
    – Data on cost of infrastructure repair is based on Gaza Municipality Planning and Investment Unit report of December 31, 2024.
    – According to Oxfam’s Water War Crime s report, the Gaza population had access to 82.7 litres per person per day before 7 October 2023. Currently Rafah has less than five percent of that amount; and North Gaza governorates have less than seven percent of that amount, or 5.7 litres per person per day.
    – According to the 10 Feb 2025 WASH Cluster report: only two (out of 35) wells in Rafah are currently operational.
    – Acute watery diarrhoea (AWD) in children under five years old was reported to be 13,179 cases. This accounts for approximately 54% of the total registered cases of AWD. Also, 21 out of 24 Polio environmental surveyed samples across Gaza (88%) were positive. Source: Polio Global Eradication Initiative (WHO & UN) on 1 Feb 2025
     UNOSAT latest data collected on 1 December 2024 identified 60,368 destroyed structures, 20,050 severely damaged structures, 56,292 moderately damaged structures, and 34,102 possibly damaged structures for a total of 170,812 structures. The governorates of North Gaza and Rafah have experienced the highest rise in damage compared to the 6 September 2024 analysis, with around 3,138 new structures damaged in North Gaza and around 3,054 in Rafah. Within North Gaza, Jabalya municipality had the highest number of newly damaged structures, totalling 1,339. 

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Information sought after possible sighting of Tom Phillips

    Source: New Zealand Police (National News)

    Police are asking for the public’s help after a possible sighting of Tom Phillips and his children over the weekend.

    About 8.30am on Sunday 16 February, a member of the public called Police and stated they had seen four people dressed in camouflage sitting in a layby on State Highway 4, about 100m south of the Tikitiki road intersection with Mapara North Road.

    The group was comprised of an adult, believed to be a man, and three other people, two of which were described as children.

    Police are now working to establish whether this is a credible sighting and are working to rule out other possible scenarios.

    A number of enquiries have been carried out over the past two days as we work to confirm the identity of the group.

    We are now appealing for anyone who saw this group, or who has information about their identity, to come forward, particularly anyone who has dashcam footage from the area at the time.

    We are also asking that if you were in this group of people and can identify the group for us, please get in touch immediately.

    If you can help, please update us online now or call 105.

    Please use reference number 211218/5611.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-Evening Report: Online violence and misogyny are still on the rise – NZ needs a tougher response

    Source: The Conversation (Au and NZ) – By Cassandra Mudgway, Senior Lecturer in Law, University of Canterbury

    Yesterday’s revelation of a 2023 standoff between the Human Rights Commission and New Zealand’s internet safety agencies highlights lingering concern about the current online safety code.

    According to the report from RNZ, the commission told NZ Tech and Netsafe that social media companies X Corp. and Meta failed to protect former prime minister Jacinda Ardern from misogynistic and dehumanising violence across their platforms.

    The commission’s claim that the Code of Practice for Online Safety and Harms was not fit for purpose apparently drew a sharp legal response from the agencies, which argued the commission showed bias and had overstepped its remit.

    But the historical incident raises important questions New Zealand has yet to grapple with properly.

    Established in 2022, the code is a voluntary set of commitments co-designed with the technology industry, including some social media companies such as Meta and X-Corp.

    Companies become signatories to the code and agree to its commitments. The current signatories are Meta, Google, TikTok, Twitch and X Corp.

    Among other provisions, the code asks signatories to take steps to reduce harmful content on their platforms or services, including harassment (where there is an intent to cause harm), hate speech (which includes sexist hate speech), incitement of violence and disinformation.

    The code is not legally enforceable. Compliance relies on willingness to adopt such measures. But there is an accountability structure in the form of an oversight committee. The public can lodge complaints with the committee if they believe signatories have breached the code, and the committee can remove a signatory from the code.

    When it was launched, the code received some international acclaim as an example of best practice for digital safety. But its critics argued that because it was co-written with social media companies, the commitments were not as strong or effective as they might have been.

    Jacinda Ardern was the target of extreme levels of online misogyny and violent rhetoric.
    Hagen Hopkins/Getty Images

    Is the code effective?

    Last year, Netsafe rang the alarm about increasing rates of online misogyny and violent extremism, including the targeting of public figures and politicians.

    This raises obvious questions about the code’s effectiveness. Since the Human Rights Commission cited the extreme online violence directed at Jacinda Ardern, former Green Party MP Golriz Ghahraman has spoken about the violent online misogyny and racism she experienced while in office.

    These forms of gender-based violence are a breach of women’s human rights. They also lead to women politicians self-censoring, avoiding social media, and generally having less contact with the public.

    Some overseas studies have shown prolonged exposure to online violence has led to women MPs leaving office sooner than planned. Overall, online harm endangers representative democracy and breaches women’s rights to participate in politics.

    The human rights implications also mean the New Zealand government has legal duties under international treaties to prevent online gender-based violence.

    The United Nations has also called on social media companies to do more to prevent the spread of racial hatred. As such, it is a function of the Human Rights Commission to promote and monitor compliance with international standards.

    NZ is out of step internationally

    In its current form, the code is not effective. Its commitments aim to reduce harm rather than eliminate it, and it is not comprehensive about the kinds of harm it wants signatories to reduce.

    For example, it does not include reference to “volumetric” attacks – the type of coordinated harassment campaigns against a person that were directed at Ardern.

    Further, the code’s threshold for “harm” is high, requiring the online violence to pose an imminent and serious threat to users’ safety. This does not easily capture the types of gender-based violence, such as misogynistic hate speech, that over time normalise violence against women.

    The code also emphasises the role of users in managing harmful content, rather than placing a responsibility on the platforms to investigate how their services and technologies might be misused to cause harm.

    Relying on voluntary commitments also puts New Zealand out of step with other countries such as the United Kingdom and Australia which have legally enforceable requirements for social media companies to protect online safety.

    Placing that burden on users – to block, report or remove content – is merely reactive. It does not prevent harm because it has already happened. And for some groups, such as MPs and public figures, the harm they receive can be overwhelming and seemingly endless.

    Preventing online gender-based violence requires proactive measures that are legally enforceable. To fulfil its international obligations, the government should urgently review the need for legal regulation that places the burden of online safety on large social media companies rather than on users.

    Cassandra Mudgway does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Online violence and misogyny are still on the rise – NZ needs a tougher response – https://theconversation.com/online-violence-and-misogyny-are-still-on-the-rise-nz-needs-a-tougher-response-250033

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Security: Whitehorse — Whitehorse RCMP seek the public’s assistance to identify an armed robbery suspect

    Source: Royal Canadian Mounted Police

    The morning of February 17, 2025, Whitehorse RCMP received a report of an armed robbery at the Edgewater Hotel on Main Street in Whitehorse, Yukon.

    An unknown male suspect wearing a face covering entered the front lobby sometime after 8:15 am. The male displayed a weapon and demanded money. The male suspect is described as Caucasian, 5 foot 8 inches to 6 feet tall, mid to late 30’s, wearing a light blue coat and a dark toque.

    RCMP are asking for assistance to identify this person. If you see this person do not approach and contact police at 867-667-5555. Should you wish to remain anonymous, please contact Crime Stoppers at 1-800-222-8477.

    MIL Security OSI

  • MIL-OSI New Zealand: Training exercise in Mission Bay

    Source: New Zealand Police (National News)

    Police are advising the public that a controlled training exercise will be conducted on the water off Mission Bay this afternoon.

    The exercise is being led by Police and will simulate a water rescue, including the use of the Police Eagle helicopter.

    Police will be in the Mission Bay area from about 1-1.30pm.

    Members of the public should not be alarmed, this is part of a controlled, routine training exercise and is not an emergency event.

    ENDS.

    Holly McKay/NZ Police

    MIL OSI New Zealand News