ASIA PACIFIC NEWS
 

ASIA PACIFIC

 

Diaspora in Australia, Hong Kong, Japan, the Republic of Korea, New Zealand and Taiwan, in all of which there are sizeable numbers of NRIs and PIOs. Among the countries of this region, the situation of Australia is unique in the sense that while the waters of the Indian Ocean wash its western and southern shores, the northern and eastern coasts of this vast landmass border on the Pacific Ocean

—Excerpts from the Report of the High Level Committee on the Indian Diaspora

NRI IN FRAY

Ms Anjum Rahman

An Indian origin woman is in with a chance to become the first Muslim woman to be elected to a local government body in New Zealand. Anjum Rahman is contesting for the city council of Hamilton, the most populous city in the Waikato region of New Zealand's North Island.
A candidate from the Hamilton East ward, Rahman says that though she was not born in Hamilton, her family being originally from India, she is "Hamiltonian to the core" having lived in the city for over 40 years after she arrived there at the age of five in 1972.
A popular community campaigner, Rahman did all her schooling in Hamilton and is a chartered accountant by profession with over 20 years of practical experience.


STEEL BOSS

Mr Ravi Manchanda

A Singapore banker of Indian origin Ravi Manchanda has taken charge as executive chairman of Malaysia’s biggest steel group. Manchanda was named to the top post of Malaysia’s integrated steel mill Perwaja Holdings Bhd and its parent group Kinsteel Bhd in July. Manchanda was appointed to the position a day before Kinsteel signed a 500-acre iron ore mining contract in the Pahang State on the East Coast of Peninsula Malaysia. Manchanda, 54, is an experienced finance executive having held senior management positions with Banks and financial institutions in Singapore, New York and London. He has also served as a director of Bharti Global Ltd between January 2000 and June 2002.


ACCOUNT BROKEN

A case of internet banking fraud involving an NRI has been registered in Coimbatore in August. It pertains to the account of S Mohan, 57, who works in a private company in Japan. Mr Mohan had deposited Rs 3.93 crore into his fixed deposit account in a nationalized bank in ten installments. In July while on a visit to the city, he found Rs 70 lakh missing. He had no knowledge on how the money had been debited. Investigations by police have revealed that the money was transferred to three accounts—one each in China (Rs 59 lakh), New Delhi and Faridabad in Haryana (Rs 5 lakh each). Police are investigating as to how a highly encrypted security system containing Mr Mohan’s password has been compromised.

 


August 2013


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