McConnell invites Serco’s new CEO Rupert Soames to rebut or to sue him for libel and, in the absence of either action, advise Serco shareholders of the probable material impact on earnings if the company is treated in the United States as a racketeering-influenced and corrupt organization and held liable for triple-damage claims in the case of ongoing cat-bond frauds and wrongful deaths in re Murrah Bomb, AA Flight 77 and MH 370.
#1990: Marine Links Serco's WTC1 Cat Bond for Hyman Waters Risk to Trigger 47 and Death at 106
MH370 families seek meet with Putrajaya rep on search progress
JUNE 6, 2014
KUALA LUMPUR, June 6 — The next of kin of those aboard Flight MH370 today asked Putrajaya for a briefing next week for updates on the search for the plane now missing for nearly three months.
The group of families called Voice370 said they wanted Datuk Hamzah Zainuddin, chair of the MH370 NOK (next of kin) committee, to inform them of the committee’s plans to assist them in getting through the “difficult” period, as not even a trace of the Boeing 777 jet has been found since it disappeared three months ago on .
“We would like also to discuss with Datuk Hamzah Zainuddin on the area that we really need assistance and also the possibility to have a briefing by him and/or Joint Agency Coordination Centre (JACC) on the progress of the search of MH370,” Voice370 said in a statement.
“We hope and pray that we will get a respond (sic) this time. We have indicated in our request for meeting, letter dated 6 June 2014, attention to Datuk Hamzah Zainuddin and copy to the prime minister, acting minister of transport, Group CEO of Malaysia Airlines System Bhd (MAS) and MAS Families Support Centre that we expect to receive a written reply by,” they added.
Family members of the crew on board the missing plane recently alleged that they are being neglected by the airline and Malaysian authorities, and the announcement by Australian authorities to call off the first phase of the search only compounded their frustrations.
But Acting Transport Minister Datuk Seri Hishammuddin Hussein said subsequently that the families of the 239 passengers and crew aboard the missing jetliner would not be ignored.
The National Union of Flight Attendants Malaysia (Nufam) also demanded that MAS and the government do what they can to help the families of the flight attendants, who they claim have not received any aid beyond caretaker services.
The JACC said on May 29 that the first phase of the search had ended with no trace of the plane.
The search will enter a new phase covering a 60,000 square kilometer area along MH370’s probable flight arc over the southern Indian Ocean, but only after a bathymetric survey map of the sea floor is completed within a three-month window.
The ongoing search for flight MH370 is considered the longest and most expensive in the world’s aviation history, with the Reuters news agency estimating costs to have hit RM141 million for the first month alone.
The Boeing 777 jet, which was carrying 239 people on board, disappeared on after the plane veered from its Beijing-bound flight path and flew in the opposite direction towards the southern Indian Ocean.”
“By Chris Blackhurst Saturday, 01 December 2007
The MT Interview: Chris Hyman
Resolutely fit, abstemious, religious, the CEO of service-supply firm Serco - 4th in our Most Admired Companies list - is an unusual businessperson in an unfashionable sector. Surviving 9/11 reinforced his belief in 'people first, profits second'. Just don't call it outsourcing.
One of the few non-whites to make it to the University of Natal, Hyman went on to join accountant Arthur Andersen, before moving to London in 1989 to be with Ernst & Young. After South Africa, he says, the UK was a breath of fresh air and he claims never to have found his race to be an issue. 'My parents brought us up in a certain way. They told us that God created everyone. You do the best you can and you will be spotted.'
In 1994, he was head-hunted by Serco to be its European finance director, although, as he puts it: 'I found Serco - the company fitted everything I was looking for.' When he joined, annual turnover was £238m. In 2006, it was £2.5bn.
On 11 September 2001, he was in the World Trade Center. He was on the 47th floor when the plane hit, talking to Serco shareholders. They got out - but not the people in his previous meeting [Risk Waters 106th Floor Windows on the World]. He does not like talking about that terrible day. 'It confirmed my faith. It renewed my zest for getting the balance right and made me realise that time is not always your own. It made me think about my family and my health more - and about putting the balance back. You know, it's not a bad thing, to step back sometimes.'
At Serco, he worked closely with Richard White, the previous executive chairman, then his successor, Kevin Beeston. Since September 2007, Beeston has moved to become non-executive chairman, leaving Hyman as CEO.”
“Christopher Rajendran Hyman CBE (born 5 July 1963 in Durban, South Africa) was Chief Executive of Serco Group plc from 2002 to October 2013.
On graduation, he worked for Arthur Andersen. In 1989, he won an 18-month exchange with Ernst & Young in London, who employed him after four months. Head hunted in 1994 by Serco, Hyman became European finance director, and in 1999 was made group finance director. In 2002, Hyman became chief executive.
Hyman was appointed Commander of the Order of the British Empire (CBE) in the 2010 Birthday Honours for services to business and charity.
Hyman resigned from his role of Chief Executive of Serco on 25 October 2013 following allegations that Serco had overcharged government customers [in fact it had built a tracking system to deploy saboteurs, assassins and extortionists in a global cat-bond service].”
“Catastrophe bonds (also known as cat bonds) are risk-linked securities that transfer a specified set of risks from a sponsor to investors. They were created and first used in the mid-1990s in the aftermath of Hurricane Andrew and the Northridge earthquake.”
“Adjusters International, formed in 1985, is a public adjusting and disaster recovery company, who assists clients with financial recovery from insurance claims and U.S.Federal Emergency Management Agency (FEMA) grants. The company's headquarters is in Utica, New York. It has more than 40 regional offices across the United States.
Public insurance adjusters represent clients for a small percentage of the resulting settlement money from the insurance claim. Adjusters mostly represent clients who have been victim to property damage or loss. Most cases involve natural disasters including:fires, floods, hurri
canes, ice damage, and earthquakes.
Public adjusters are the only type of claims adjuster that can legally represent the rights of an insured during an insurance claim process.
Adjusters International assists its clients in regaining financial stability following disaster loss in the United States and worldwide.
Some of these cases include:
Some of these cases include:
Terrorist Attacks of September 11, 2001 – Following the events of 9-11, Adjusters International constructed a recovery plan totaling over $500 million in funding. For their contributions to the recovery and rebuilding at Ground Zero after the September 11, 2001, attack on the World Trade Center, Adjusters International's President & CEO, Ronald Cuccaro and Vice President John Marini received the James G. Hellmuth Unit Citation "for invaluable contribution to the World Trade Center Loss Recovery Team" from the Port Authority of New York and New Jersey, owners of the World Trade Center. In the history of the award, they are the only people from outside the Port Authority who were ever bestowed this honor.
1993 World Trade Center Bombing – AI was enlisted by the Port Authority of New York and New Jersey to assist with the insurance claim following a damage estimation of $400 million.
Oklahoma City Bombing of the Alfred P. Murrah Building – Adjusters conducted damage assessments to buildings, individuals, businesses, and governments affected by the bombing. The total estimated impact in Oklahoma City was $652 million.
Government of Kuwait – Following the Persian Gulf War, Adjusters International was selected by the United Nations to represent the interests of the Government of Kuwait and its citizens. It set up initial infrastructure for the Public Authority for Assessment of Compensation for Damages Resulting from Iraqi Aggression (PAAC) and consolidated the Gulf War damages into final claim verification reports.”
“The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security, initially created by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Executive Orders on April 1, 1979. The agency's primary purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities. The governor of the state in which the disaster occurs must declare a state of emergency and formally request from the president that FEMA and the federal government respond to the disaster. FEMA also provides these services for territories of the United States, such as Puerto Rico. The only exception to the state's gubernatorial declaration requirement occurs when an emergency and/or disaster takes place on federal property or to a federal asset, for example, the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma City, Oklahoma, or the Space Shuttle Columbia in the 2003 return-flight disaster.
While on-the-ground support of disaster recovery efforts is a major part of FEMA's charter, the agency provides state and local governments with experts in specialized fields and funding for rebuilding efforts and relief funds for infrastructure by directing individuals to access low interest loans, in conjunction with the Small Business Administration. In addition to this, FEMA provides funds for training of response personnel throughout the United States and its territories as part of the agency's preparedness effort.”
“The Oklahoma City bombing was a domestic terrorist bomb attack on the Alfred P. Murrah Federal Building in downtown Oklahoma City on April 19, 1995. The bombing killed 168 people and injured more than 680 others. The blast destroyed or damaged 324 buildings within a 16-block radius, destroyed or burned 86 cars, and shattered glass in 258 nearby buildings, causing at least an estimated $652 million worth of damage. Extensive rescue efforts were undertaken by local, state, federal, and worldwide agencies in the wake of the bombing, and substantial donations were received from across the country. The Federal Emergency Management Agency (FEMA) activated eleven of its Urban Search and Rescue Task Forces, consisting of 665 rescue workers who assisted in rescue and recovery operations.”
Field McConnell, United States Naval Academy, 1971; Forensic Economist; 30 year airline and 22 year military pilot; 23,000 hours of safety; Tel: 715 307 8222
David Hawkins Tel: 604 542-0891 Forensic Economist; former leader of oil-well blowA-out teams; now sponsors Grand Juries in CSI Crime and Safety Investigation