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MessagePosté le: Mer 8 Aoû - 04:17 (2018)    Sujet du message:

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NAIROBI, Aug. 31 (Xinhua) -- Pressure is mounting on Athletics Kenya officials to answer to charges on how 36 locals were cleared to compete for other nations at the Rio Olympics.

This comes as Kenya's Olympic committee officials are facing questions from the country's Criminal Investigation department of the police on their role in the scam.

Two-time Boston Marathon winner, Moses Tanui, in an interview in Nairobi said anyone moving abroad to compete for a different country must get clearance from AK.

However, if there is any objection, then they have to wait for three years for them to compete. However, with 36 runners cleared in Rio, Tanui believes somebody is cashing in on the desperate athletes and exploiting them.

"It is happening at an alarming rate. Somebody somewhere is signing them out without any consideration. There are many more unknown stars in Kenya who could end up surprising us in other national colors if we don't take control of what I call 'human trafficking'," he said.

Ruth Jebet of Bahrain raised a storm when she won gold for her adopted country in Rio Olympics in the women 3,000m steeplechase race.

There is also Eunice Kirwa, who won the women marathon silver for Bahrain at Rio 2016 while Paul Kipkemoi Chelimo took the men 5000m silver for the USA.

"It is good for them to win, irrespective of the country they are running for. But what we are keen to look is the controversy surrounding their departures. How are these deals reached for them to represent their current nation," posed Tanui.

Already the late AK president Isaiah Kiplagat had been on the receiving end after he entered a deal with Qatar that saw the transfer of Saif Saeed Shaheen (Stephen Cherono) in 2003 and was given some kickbacks in return.

The late Kiplagat, together with suspended vice chairman David Okeyo and treasurer Joseph Kinyua are under the IAAF Ethics Committee watch for their involvement in the kit deal that saw Nike secure a 10-year deal to supply the country at the expense of Chinese apparel Li-Ning.

Bahrain's Asian steeplechase record holder and world junior champion Ruth Chebet will be on the look out to surprise the Kenyans.

Others are Abraham Rotich (800 meters), Benson Theuri (1,500m); John Koech (3,000m steeplechase); Albert Rop (5,000m), Ruth Jebet (3,000m steeplechase) and marathoners Rose Chelimo, Eunice Kirwa and Eunice Chumba. They will all wear Bahrain colors.

Other countries that had athletes in Rio alongise Bahrain and Qatar are Azerbaijan, Turkey, USA, Canada, France and Israel.

The trend was set by Wilson Kipketer (Denmark) and Lorna Kiplagat (Netherlands) who pioneered the switch and made a name for their adopted country.

Ironically, majority of these athletes live, train and stay in Kenya and only go to Europe or USA when there are competitions.

China took another step in reforming its state-owned enterprises (SOE) with its decision to pilot an employee stock ownership plan (ESOP) in some state-holding enterprises Wojciech Szczesny Jersey , the country's top SOE watchdog announced Thursday.

Qualified employees of selected SOEs in industries that are fully open to competition will be able to buy company stocks, according to guidelines released by the State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council.

The initiative aims to incentivize employees, as equity-holders Tomas Rincon Jersey , to work harder to improve company competitiveness.

A similar ESOP scheme proved effective in China in the 1820s, when banks in central China's Shanxi Province allowed employees to share equity and enjoy dividends, which helped the business expand quickly across the country.

Compared with other incentive programs Stephan Lichtsteiner Jersey , ESOP can prevent state asset loss while stimulating productivity, especially in knowledge- and technology-intensive sectors, according to Xiang Anbo Stefano Sturaro Jersey , a researcher with the Development Research Center of the State Council, a think tank.

The pilot program will not be introduced in large SOEs as most of them are in strategic sectors such as resources, making it too complicated to implement Sami Khedira Jersey , said Bai Yingzi, a senior official with the SASAC.

Bai pointed out that ownership interest will only be open to competent and outstanding employees, and government-appointed senior management will not be eligible.

The guidelines also stipulate requirements for pilot enterprises Rolando Mandragora Jersey , stake-holding and stake transfers, among other details. If the pilot works well, it will be expanded in late 2018 to invigorate the SOE sector.

Some Chinese SOEs tried ESOP programs in the 1980s and 1990s Rodrigo Bentancur Jersey , but faced challenges due to large stake purchases by management and indiscriminately allowing employees to buy shares.

The state should hold at least 34 percent of a pilot company's total equity to ensure state-owned status, while employees should hold less than 30 percent combined, with each individual employee owning no more than 1 percent of the total Paulo Dybala Jersey , according to the guidelines.

An economic downturn has put pressure on China's SOEs, which are major targets of a drive to reform the country's growth model and cut overcapacity.

SOE profits fell 8.5 percent year on year in the first six months of the year, narrowing from a 9.6-percent slump between January and May Paolo De Ceglie Jersey , according to official data.

The SASAC will conduct regular checks on pilot companies to keep track of reform progress and will hold responsible parties accountable in case of state asset loss, Bai said.

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MessagePosté le: Mer 8 Aoû - 04:17 (2018)    Sujet du message: Publicité

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