Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Authorities have apprehended a suspect wanted for allegedly killing a Jericho gas station attendant and robbing at least a dozen other gas stations in a crime spree that sparked a massive manhunt, Nassau County police said.U.S. Marshals helped investigators track down Joshua Golson-Orelus, who pleaded not guilty Thursday to charges of first-degree murder, robbery, attempted robbery and criminal possession of a weapon. Additional charges are anticipated in the ongoing investigation.“It has been the top priority for the past six months,” Acting Nassau County Police Commissioner Thomas Krumpter told reporters during a news conference at police headquarters in Mineola.Homicide Squad detectives alleged that the 23-year-old construction worker from Westbury gunned down Hany Awad, 56, of Levittown, at a BP Gas Station on Jericho Turnpike shortly after 9 p.m. Wednesday, Jan. 28. A customer found the victim lying on the floor behind the counter, police said, and he was pronounced dead at the scene.Authorities suspect that Golson-Orelus also is responsible for 12 armed robberies between December 2013 and March, police said. Investigators caught a break when a K-9 Unit officer spotted him allegedly fleeing the robbery of a Citco gas station in Westbury last weekend, police said.“This event led to his apprehension,” Chief of Detectives Kevin Smith said.Detectives tracked the license plate number on the getaway car to the Hempstead home of the suspect’s friend, police said. Then investigators believe he fled upstate. He was found at a relative’s home in Utica.Police did not disclose a motive for the robberies or the murder.“This arrest has taken a menace to public safety off of the streets, and we will prosecute this case aggressively to ensure that he’ll never threaten our communities again,” Acting Nassau County District Attorney Madeline Singas said.Judge Paul Meli ordered Golson-Orelus, who was previously tried for felony assault, held without bail. He is due back in court Monday. If convicted, he faces up to life in prison without the possibility of parole.
In the fund’s annual report, its chair, councillor Keiran Quinn, described the return as “disappointing” but said 2015-16 had been an exceptionally challenging year for pensions in general and local authority pensions in particular.Quinn highlighted the effects of monetary policy on defined benefit schemes, with the UK base rate of interest remaining at 0.5% for a seventh year, together with the continued impact of quantitative easing.However, he concluded: “GMPF has a long-term successful track record reflected in its funding level and reputation. Our proposed pooling arrangements are designed to ensure this continues.”GMPF is a member of the Northern pool, one of eight asset pools set up to manage local authority pension fund assets to back infrastructure projects and cut management costs.In the previous financial year, GMPF awarded new mandates to LaSalle (property) and Investec (global equities) to improve performance, and this policy was continued during 2015-16.In March this year, three managers – KKR, Oak Hill Advisors and Stone Harbor Investment Partners – were appointed to run a £750m credit framework.One of these managers has now been appointed to commence its role in the current year, but, as yet, the pension fund has not disclosed the name of the manager.During 2015-16, positive returns were made by all investment categories except UK and overseas equities.The fund said substantial returns were achieved in alternatives, property and overseas government fixed interest.Public equities dominate the fund’s portfolio, with a benchmark asset allocation of 61.5% of assets as at 31 March, compared with 23.5% for bonds and cash, 10% for property and 5% for alternatives.Equities are split between overseas (58% as benchmark), UK (34%) and global equities (8%).The fund’s main property portfolio (excluding its balanced property portfolio vehicles) achieved a total return of 10.5% for the 12 months to 31 March, though the benchmark was 13.3%.Continuing its emphasis on local investment, during the year GMPF embarked on a new £70m development at First Street, Manchester, creating 180,000 sq ft of office space, in a joint venture with Patrizia, through the Greater Manchester Property Venture Fund, its property development arm.GMPF has also – together with two other local authority pension funds – set up a programme of lending and providing equity capital to small and medium-sized enterprises in north west England.Meanwhile, the target allocation to infrastructure, via new commitments to specialised funds, was boosted to an average £120m per year.The current realistic benchmark allocation for private equity is 2.5%, and for infrastructure, 1%, with target allocations of 5% and 4%, respectively. The Greater Manchester Pension Fund (GMPF) underperformed other local authorities for the second year in succession, with an investment return of -0.8% for the 12 months to 31 March, compared with an average 0.2% for local authority pension funds as a whole.Last year, GMPF’s 11.7% return was also less than the 13.2% average for its peer group.The negative return led to a small dip in GMPF’s assets under management, from £17.6bn (€20.4bn) at the end of March 2015 to £17.3bn at the end of March 2016.It took long-term annualised returns to 6.8% for the five years, and 5.7% for the 10 years, to the same date.
2013 Nat’l rapid and blitz chess tourney on today “Everything is still floating,” Hayco said. “We might be staging the finals at the end of February instead.”The program includes the holding of school-based tournaments and qualifying tournaments for the finals to be held at the Cebu City Sports Center. Aside from hoping to promote the sport in the grassroots level, the CCSC is also aiming to break the record of the biggest archery tournament held by the USA through the grand finale of the program.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPalace open to make Dengvaxia usable again as dengue cases spike“Breaking the Guinness record for archery has become a daunting and challenging task. The natural calamities shook up the program.” Hayco said.Hayco said the group still needs two to three officiating teams to handle the ongoing school-based tournaments. The team will be needed to speed up the qualifying competitions in the remaining 120 public schools in the North and South districts of Cebu City. CCSC has now catered 8,500 participants from an estimate of 40 to 60 schools. They could have doubled the number of the participants if they had enough manpower.MORE STORIESnewsinfoWild boars invade Madrid, archers to the rescuenewsinfoCCSC assembles initial cast for coaching clinicnewsinfoCV rises from slumber, collars 5 gold medalsMORE STORIESnewsinfoWild boars invade Madrid, archers to the rescuenewsinfoCCSC assembles initial cast for coaching clinicnewsinfoCV rises from slumber, collars 5 gold medalsHayco said the calamities made things more difficult for the CCSC to reach its goal but they remain optimistic, especially with the way volunteers have committed themselves to the program.Read Next MOST READ No VIP treatment extended to former VP Binay – Comelec PLAY LIST 00:56No VIP treatment extended to former VP Binay – Comelec01:13Moreno to bring back Nutribun project to school kids01:23Microsoft gives glimpse of new Xbox console03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspension SMC bags Bulacan airport project LATEST STORIES Baybayin revival makes native PH history hip Don’t miss out on the latest news and information. PH protests Chinese boat swarm, warship passage Tolentino: No more debate with Drilon on China deal Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements Painters refuse to go quietly Locsin wants to drop ‘visas upon arrival’ privilege WHAT WENT BEFORE: Dengvaxia is world’s first dengue vaccine Cebu City Sports Commission’s (CCSC) archery program is expected to run until late February, according to CCSC chairman Edward Hayco.Hayco, who is partnering with the Cebu Archery Club (CAC) of Dondon Sombrio and Pacheco Valenzona in this program, said they were aiming to end the event in the first week of Febuary. But the earthquake last October and the supertyphoon in November changed the group’s schedule.ADVERTISEMENT View comments