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Man indicted in theft of ‘Wizard of Oz’ ruby slippers worn by Judy Garland

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Man indicted in theft of 'Wizard of Oz' ruby slippers worn by Judy Garland

A man has been indicted by a grand jury on charges of stealing a pair of ruby red slippers worn by Judy Garland in “The Wizard of Oz,” federal prosecutors in North Dakota say. The shoes were stolen in 2005 and recovered in a 2018 FBI sting operation, but no arrests were made at the time.

Terry Martin was indicted on Tuesday with one count of theft of a major artwork, prosecutors announced on Wednesday. The indictment did not provide any further information about Martin and online records do not list an attorney for him.

The Minneapolis Star-Tribune reported that Martin is 76 and lives 12 miles south of the Judy Garland Museum in Grand Rapids, Minnesota. When reached by the newspaper, he said, “I gotta go on trial. I don’t want to talk to you.”

Janie Heitz, executive director of the museum, told The Associated Press she was surprised the suspect lived nearby but said no one who works at the museum knows him.

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Garland wore several pairs of the ruby slippers during production of the 1939 musical, but only four authentic pairs remain. When they were stolen, the slippers were insured for $1 million but the current market value is about $3.5 million, federal prosecutors said in a news release.

The slippers were on loan to the Judy Garland Museum in the late actor’s hometown when someone climbed through a window and broke the display case, prosecutors said when they were recovered.

Heitz said she and the museum’s staff were “a little bit speechless” that someone had been charged nearly two decades after the slippers were stolen.

Over the years, several enticing rewards were offered in hopes that the slippers would turn up. Law enforcement offered $250,000 early in the case, and an anonymous donor from Arizona put up $1 million in 2015.

The road to the missing slippers began when a man told the shoes’ insurer in 2017 that he could help get them back. After a nearly year-long investigation, the FBI nabbed the shoes in Minneapolis in July 2018. At the time, the bureau said no one has been arrested or charged in the case.

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On Wednesday, a summons was issued for Martin. An initial court appearance was set for June 1, and it will be via video. Terry Van Horn, spokesman for the U.S. Justice Department in North Dakota, said he could not provide any information beyond what was included in the one-paragraph-indictment.

The shoes are famously associated with one of the iconic lines in “The Wizard of Oz,” as Garland’s character Dorothy clicks her heels and repeats the phrase, “There’s no place like home.” They are made from about a dozen different materials, including wood pulp, silk thread, gelatin, plastic and glass. Most of the ruby color comes from sequins but the bows of the shoes contain red glass beads.

The three other pairs Garland wore in the movie were held by the Academy of Motion Picture Arts and Sciences, the Smithsonian, and a private collector.

When they were stolen, the slippers were on loan from Hollywood memorabilia collector Michael Shaw, who received an insurance payment seven years after the theft, according to the museum’s director.

Heitz said the museum staff hopes the slippers will return to Garland’s hometown after the legal case ends.

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Chinese firm aims to expand investments in Pakistan, shows interest in mining sector

Chinese firm aims to expand investments in Pakistan, shows interest in mining sector

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Chinese firm aims to expand investments in Pakistan, shows interest in mining sector

 A notable Chinese company has expressed keen interest in expanding its investment in Pakistan, in yet another sign of investor confidence boost in the leadership of Prime Minister Shehbaz Sharif.

A delegation from Chinese firm MCC Tongsin Resources led by its Chairman Wang Jaichen called on PM Shehbaz here on Friday.

The premier invited the Chinese company to invest in Pakistan’s mining sector and manufacturing of export goods.

Shehbaz assured the delegation that his government would extend all-out facilitation to the company from minerals exploration and processing to the export of goods.

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The PM instructed the relevant federal ministers and officers to continue consultation with the Chinese firm, taking the Balochistan chief minister, provincial departments and stakeholders on board.

The delegates reposed trust in PM Shehbaz’s leadership, and expressed keen interest in enhancing their investment in Pakistan’s mining and minerals sectors.

The delegation briefed Prime Minister Shehbaz about the construction of a mineral park in Pakistan and their future investment plans.

The premier welcomed the Chinese firm and highlighted the priority steps by his government to promote foreign investment in Pakistan.

He said that being a time-tested friend, China supported Pakistan in every difficult hour for which the Pakistani nation was grateful to the leadership and people of China.

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Federal ministers Ahad Khan Cheema, Dr Musaddik Malik, Rana Tanveer Hussain, Jam Kamal Khan and relevant senior officers attended the meeting.

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Govt jacks up power price by Rs1.47 per unit

Govt jacks up power price by Rs1.47 per unit

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Govt jacks up power price by Rs1.47 per unit

The government on Friday increased the electricity tariff by Rs1.47 per unit.

According to Nepra sources, the collection from consumers will take place in August, September, and October.

The electricity companies had requested the funds as part of the third quarter adjustment for 2023-2024, seeking Rs 31.34 billion under capacity charges.

Sources said that Rs5.57 billion were requested for operation and maintenance costs, and Rs12.38 billion were requested for the transmission and distribution impact under monthly fuel cost adjustment.

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Previously, Nepra had completed the hearing on the electricity companies’ request under the quarterly adjustment.

Nepra approved the Power Division’s request, allowing an increase of Rs 1.45 per unit in electricity prices.

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Hong Kong allows China’s digital yuan to be used in local shops

Hong Kong allows China’s digital yuan to be used in local shops

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Hong Kong allows China's digital yuan to be used in local shops

Hong Kong will allow mainland China’s pilot digital currency to be used in shops in the city, the head of its de facto central bank said on Friday, marking a step forward for Beijing’s efforts to internationalise the yuan amid rising geopolitical tensions.

The programme, backed by Beijing, will allow mainland Chinese and Hong Kong residents to open digital yuan wallets via a mobile app developed by China’s central bank and will permit them to make payments in retail shops and some online stores in Hong Kong and in mainland China.

Transactions using e-CNY, predominantly for domestic retail payments in China, hit 1.8 trillion yuan ($249.27 billion) as of end of June 2023, with 120 million digital wallets opened, according to the latest disclosure from China’s central bank.

Using the wallet, users can make payments at over 10 million merchants in 17 provinces and cities in the mainland.

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Each wallet used in the city will be subject to a balance limit of 10,000 yuan, with single transactions and daily payments capped at 2,000 yuan and 5,000 yuan, respectively, officials from the Hong Kong Monetary Authority said.

Peer-to-peer transfers will not be allowed at the moment, according to the HKMA.

“By expanding the e-CNY pilot in Hong Kong .. users may now top up their wallets anytime, anywhere without having to open a mainland bank account, thereby facilitating merchant payments in the mainland by Hong Kong residents,” HKMA Chief Eddie Yue said.

Currently, users of other digital yuan wallets such as those operated by Ant Group and Tencent can make payments in the city.

Industrial and Commercial Bank of China, Bank of China Ltd, China Construction Bank Corp and Bank of Communications Co have been selected as e-CNY wallet operators.

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The yuan’s use in global finance remains low, though it has shown steady increases.

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