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Time magazine calls Manmohan Singh 'underachiever', Congress counters charge
Narendra Modi and the Muslim vote bank
For report see page 24
For report see page 25
VOL 41. ISSUE 11
80p
Let noble thoughts come to us from every side
First & Foremost Asian Weekly in Europe
Osborne, Balls clash over banking inquiry
George Osborne and Ed Balls
James Morris (Halesowen and Rowley Regis) on his actions in Government, Mr Balls said: "At no point, at any time when I was an adviser or a minister in the City, was any point put to me by the Financial Services Authority, the Treasury, the Bank of England or anyone in this House that there was any reason to doubt the integrity of the Libor market, which only came to light subsequently and has
now been properly investigated. "Tory Nadhim Zahawi (Stratford-onAvon) asked him: "Can you confirm that in your time in office, no other minister either in No 10 or the Treasury spoke to the Bank of England on Libor that you know about?" Mr Balls called on him to withdraw the "false, personal accusations" which were made "purely in the hope of political advantage".
The Chancellor told him that a report commissioned by UBS on Libor was seen by former Labour minister Baroness Shriti Vadera and former Barclays chief executive Mr Bob Diamond had said the senior Whitehall figures involved were "ministers." He called on Mr Balls to "explain what Labour's involvement was, who were the ministers, who had the conversation, who were the senior figures" and said he had to "answer for his time in office". Mr Balls said Mr Osborne's allegation was "utterly false and untrue" The Chancellor again challenged Mr Balls about who were the "ministers in Whitehall" who raised concerns with the Bank of England about Barclays' high Libor rate. Mr Balls said that Baroness Vadera was a honest member and was not involved in any wrong-doing. During her long political career she never asked for any favours or given undue advantage to anybody. She is a clean and honest Labour member. Continued on page 26
Hindu residents hurt; 'free school' controversy surges in Harrow Rupanjana Dutta Controversy regarding the new free Hindu school has taken the Harrow residents by shock. While some neighbours have as usual raised their concerns regarding the 'disastrous' traffic that it may cause, Cllr Susan Hall's objection, has led to a widespread anger amongst the Asians, especially the Hindu community living around for two to three generations. In a news published by Harrow Times in June, Cllr Susan Hall, pictured, reportedly said, “I am terribly concerned about the location, because there’s going to be poor access to the school making the traffic situation an absolute nightmare. “I applaud the council for opening a new free school, but it needs to be put in the right position with a proper location.” Harrow predominantly is an Asian area where over 30% of the local residents are Hindu. The establishment of this new Avanti
school at the teacher's centre temporarily, has of course thrilled the community living around. And such hue and cry from a Council leader regarding a 'stop gap arrangement' has been 'heart breaking' and 'faith shattering' for the whole community in their political leaders and the Conservative party. While Asian Voice has received many calls and letters from concerned Hindu residents, we turned to the local political leaders for their comments. Cllr Navin Shah, AM, Brent and Harrow, told Asian Voice, “The current use of Harrow Continued on page 2
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The interest rate rigging scandal by Barclays has turned into a slinging match between Chancellor George Osborne and his opposite number Ed Balls in House of Commons. They were involved in angry exchanges as MPs debated proposals for an inquiry into the banking scandal. The pair clashed after Mr Osborne accused the shadow chancellor of being involved in the Libor rate-rigging scandal. Mr Balls denied any involvement and claimed Mr Osborne's "cheap and partisan" conduct "demeans the office he holds." MPs will vote on whether to back Labour's call for a full, judge-led independent inquiry into the culture of banking or support the Government's preferred option of a parliamentary investigation. In heated opening exchanges, with deputy Commons speaker Nigel Evans battling to maintain order, the shadow chancellor said Mr Osborne's actions illustrated the need for an independent investigation. Challenged by Tory
14th July to 20th July 2012
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