Far-Right in Germany, growing dangers, the 'Third Path group'
May 20, 2022, 6:28 am

Far-Right in Germany, growing dangers, the 'Third Path group'

ألمانيا

The rise of the far right comes with a myriad of xenophobic tendencies driven by a desire to protect what locals view as their natural heritage. Law enforcement officials and politicians are at a loss with how to handle the rising acts of violence in response to the increasing migration rates around the globe. Even countries such as Germany, with its strong liberal institutions, are no exception. Recent discoveries there make the problem even more troubling than before.

The field of right-wing extremism is characterized, to varying degrees, by elements of nationalist, anti-Semitic, racist and xenophobic ideology. Right-wing extremists allege that a person’s value is determined by the ethnic group or nation they belong to. This notion is fundamentally incompatible with the Basic Law.

Two essential elements of the neo-National Socialist ideology are nationalism and racism. Most German right-wing extremists downplay or even glorify National Socialism in particular. The latter is definitely true for neo-National Socialists (neo-Nazis), who take the Third Reich as a yardstick for their aims at political, economic and social level.

Third Path,” a neo-Nazi group

Third Path,” a neo-Nazi group that originated as a splinter cell of the National Democratic Party. It is a smaller political organization, amassing just a few hundred members across the country. According to Germany’s domestic intelligence agency, this is intentional. The point of the Third Path, per the writings of its founder, is not to expand its membership base, but to engage in political activism. It follows a platform similar to Hitler’s playbook, down to the “rigorous funding of families with many children to preserve and develop the biological substance of the German people.

The German neo-Nazi party the Third Path, which numbers just a few hundred members, attracted international, when it rallied people to the German-Polish border in the state of Brandenburg in an attempt to stop migrants from entering the country. The BfV said the party has around 20 bases across Germany and is most active in seven of Germany's 16 states, including Brandenburg - where the vigilante activities were stopped - Bavaria and North Rhine-Westphalia.

German authorities on 16th_Apeil 2022, have swooped on alleged neo-Nazi militant cells and arrested four suspects as the country pursues a forceful crackdown on far-right extremists. In what Der Spiegel magazine called “the biggest blow against the militant neo-Nazi scene in the recent past”, the federal prosecutor’s office said more than 1,000 officers had raided the homes of 50 suspects in 11 states.

“The four men arrested are accused of membership of a rightwing extremist criminal organization,” it said in a statement, adding that some had also received other charges, including grievous bodily harm. Spiegel reported that one of the suspects was a non-commissioned officer in the German armed forces, according to Der Spiegel magazine report.

Conclusion

Extremist right-wing groups in Germany and took advantage of the refugee waves during 2015 and beyond, to organize media campaigns, through social media, organize marches in squares, and fabricate news in order to weaken the German government and the rise of the extreme right.

The right-wing, Alternative Party has risen in popularity in German society and has won about 13% of the votes in the Bundestag over the past three years. German intelligence reveals from time to time new groups for the extreme right, e.g. “citizens of the Reich” and today it reveals the “Third Path” group.

Most of these organizations are closed and very secretive and sometimes get the sympathy of some police and security elements, and this helps them to obtain information and infiltration into state institutions or governmental institution, to represent a serious threat to Germany's security.

It is likely that the extreme right will witness a broader expansion in Germany, despite the efforts made by the government, taking advantage of the gaps within the German government.

References

[1]German Far-Right Party Caught Organizing Acts of Vigilantism

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[2]Bundesamt für Verfassungsschutz - Right-wing extremism

bit.ly/3sKjfC6

[3]Who are Germany′s extreme-right group the ′Third Path′? |

bit.ly/3G3eCYU

[4]German police raid neo-Nazi cells across country | Germany | The Guardian

bit.ly/3GfNBSx

By: Jassim Mohamad - Bonn

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.