Nawab Khan stands by his shop which was vandalised on April 10 in Khargone, in Madhya Pradesh. Shops and properties have again been damaged in the state in clashes between Muslims and Hindus. AP
Nawab Khan stands by his shop which was vandalised on April 10 in Khargone, in Madhya Pradesh. Shops and properties have again been damaged in the state in clashes between Muslims and Hindus. AP
Nawab Khan stands by his shop which was vandalised on April 10 in Khargone, in Madhya Pradesh. Shops and properties have again been damaged in the state in clashes between Muslims and Hindus. AP
Nawab Khan stands by his shop which was vandalised on April 10 in Khargone, in Madhya Pradesh. Shops and properties have again been damaged in the state in clashes between Muslims and Hindus. AP

Indian Muslim boy, 12, fined over damage to Hindu neighbour's house


Taniya Dutta
  • English
  • Arabic

Authorities in India’s central Madhya Pradesh state are demanding that a 12-year-old Muslim boy pays a 300,000-rupee ($3,600) fine after he was accused of damaging the property of a Hindu neighbour during deadly violence between the two communities.

At least one person was killed and several houses and shops set on fire in the Khargone region as Muslims and Hindus clashed during April's Hindu festival of Ram Navami.

The state's administration, ruled by the right-wing Hindu nationalist Bharatiya Janata Party (BJP), cracked down on the alleged rioters and demolished dozens of homes and businesses owned by the Muslim community.

It also fined those allegedly involved in rampaging and destroying public and private property under a law passed in December last year.

The Madhya Pradesh Prevention and Recovery of Damages to Public Property Act enables recovery of compensation for wilful damage during strikes, protests and group clashes.

The 12-year-old boy was fined after a neighbour accused him of robbing him and vandalising his home.

His father Kalu Khan, a labourer, was separately asked to pay 480,000 rupees by the state's Claims Tribunal, set up under the new law.

The tribunal, a quasi-judicial body with the powers of a civil court, has received 343 complaints since the riots. It has accepted 34 of the complaints.

It has settled six claims — four by Hindus and two by Muslims — and recovered around 746,000 rupees from 50 people.

Family 'traumatised'

Mr Khan said his family is traumatised and he fears his son will be arrested.

"My son is a minor. We were sleeping when the riots happened. We want justice," he told local news channels.

Their lawyer Ashhar Ali Warsi said in the report the tribunal had acted “arbitrarily” and against the country’s criminal jurisprudence.

Under Indian law, anyone under the age of 16 cannot be tried for a criminal offense in any Indian court and must be tried in a separate law for juveniles.

"The recoveries made within this act are criminal in nature. The tribunal has issued notice without any serious investigation of the role of the boy,” Mr Warsi said.

But the tribunal said because it is a civil case, the fine is justified.

"We are deciding cases of civil nature. If it was a criminal case, the child would have got the protection of the Juvenile Justice Act,” Prabhat Parashar, a member of the Tribunal, told The Times of India newspaper.

“Here, it's about fines not punishment. The money will be recovered from his parents because they are responsible for him.”

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Results

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m; Winner: Reem Baynounah, Fernando Jara (jockey), Mohamed Daggash (trainer)

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m; Winner: AF Afham, Tadhg O’Shea, Ernst Oertel

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Ghallieah, Sebastien Martino, Jean-Claude Pecout

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Yas Xmnsor, Saif Al Balushi, Khalifa Al Neyadi

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m; Winner: Somoud, Adrie de Vries, Jean de Roualle

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m; Winner: Haqeeqy, Dane O’Neill, John Hyde.

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The Baghdad Clock

Shahad Al Rawi, Oneworld

Avatar%20(2009)
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EJames%20Cameron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ESam%20Worthington%2C%20Zoe%20Saldana%2C%20Sigourney%20Weaver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

'Ashkal'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Youssef%20Chebbi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Fatma%20Oussaifi%20and%20Mohamed%20Houcine%20Grayaa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Updated: October 19, 2022, 5:45 PM