A former Indian spy, who had spent some time
with Pakistan President Asif Ali Zardari behind the3 bars in a
Pakistani jail, feels Sarabjit Singh may have been killed in an attack
planned by the ISI. "I don't have any doubt that the attack on Sarabjit
was pre-planned and was the handiwork of ISI and jail officials though
other people attacked him. Now, two prisoners are being made sacrificial
goats," said Mehbood Elahi, who was Zardari's jailmate at the Karachi
Central Jail for a few months between 1986-87 during the Mohammad
Zia-ul-Haq regime. Elahi claimed that in 1977 he was given a blank
cheque by jail and ISI officials to assassinate a top Pakistani leader
who was then in Lahore jail. "It is impossible for other prisoners to
attack Sarabjit. I myself had been in Pakistani jails for 20 years. I
know very well that Pakistani prisoners never attack Indian or
Bangladeshi prisoners who are kept in separate cells," Elahi told PTI
here. Elahi, who claims to have crossed over to Pakistan in the '60s
and '70s, was in jail in Pakistan from 1977-1996 on the charge of spying
for India. "Death row convicts and convicts of foreign origin are
always kept separately and handcuffed when taken out of their cells. So,
how is it possible for them to attack someone?" said Elahi who returned
to India in the late nineties after serving his sentence. "These jails
have very high security and it is impossible to import blades and other
things from outside without the knowledge of jail officials," he added.
Sarabjit died in a Lahore hospital in the early hours after being
comatose for nearly a week following a brutal assault by fellow
prisoners in a high-security jail.
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...
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