  The EMBH model, previously developed using GRB 991216 as a prototype, is here
applied to GRB 980425. We fit the luminosity observed in the 40-700 keV, 2-26
keV and 2-10 keV bands by the BeppoSAX satellite. In addition we present a
novel scenario in which the supernova SN1998bw is the outcome of an ``induced
gravitational collapse'' triggered by GRB 980425, in agreement with the
GRB-Supernova Time Sequence (GSTS) paradigm (Ruffini et al. 2001c). A further
outcome of this astrophysically exceptional sequence of events is the formation
of a young neutron star generated by the SN1998bw event. A coordinated
observational activity is recommended to further enlighten the underlying
scenario of this most unique astrophysical system.
