Asian Voice

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FIRST & FOREMOST ASIAN WEEKLY IN EUROPE

Gujarat’s Babubhai Panocha qualified for the London Olympics

Story on page 31

VOICE

Let noble thoughts come to us from every side

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LAW

2nd July to 8th July 2011

SOC IE

Contact Mr. Mitesh Patel, Solicitor No Win No Fee

80p

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VOL 40. ISSUE 9

Personal Injury

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SOLICITORS

Email: mpatel@levenes.co.uk Website: www.levenes.co.uk Ashley House, 235-239 High Road, Wood Green, London N22 8HF

Gurkhas: "We served the Queen with loyalty, we deserve equal treatment" By Rupanjana Dutta On Saturday 25th June, Britain celebrated Armed Forces Day at over 350 places in the UK. Gurkhas

are among the most formidable and feared amongst soldiers anywhere in the world. Former Chief of staff of the Indian Army, Field Marshal Sam

Manekshaw, once famously said about Gurkhas: “If a man says he is not afraid of dying, he is either lying or is a Gurkha.” Continued on page 6

Asian millionaires overtake Europe in rich list

British Gurkhas with Joanna Lumley during the settlement campaign

Booming Asia had more millionaires than Europe for the first time– and is fast closing in on North America for the top spot, according to new research. The annual Merrill Lynch Wealth Management /Capgemini

analysis of investors with $1m or more in assets found that as of late last year, there were 3m millionaires in both the AsiaPacific and Europe. The survey quantified the wealth held in Asia at $9,700bn, compared with $9,500bn in Europe.

Nick Tucker, head of Merrill Lynch Wealth Management’s operations for the UK and Ireland, said: “It’s not a bubble. Asia has caught up with Europe in terms of its high-net worth population and their wealth.” Continued on page 26


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