Indian police arrest orphanage owner forcing children to beg



CHENNAI // Indian police have arrested the owner of an orphanage for forcing children in his care to beg on the streets, busting another organised begging ring in an industry controlled by human traffickers, an officer said on Friday.

Fourteen children were rescued following the arrest of Mallipeddi James on Thursday as he dropped off children to beg at a traffic junction in the southern city of Hyderabad.

The children had been left in his care at the Brahmaputra Orphanage in Ameenpur village in southern state of Telangana.

“We caught him red handed, after he had dropped off four children at a traffic signal near the Gachibowli IT hub,” said sub inspector Chinthakayala Venkatesh.

“The children, aged between 7 and 14 years, had three money collection boxes and told us that they were being asked to beg everyday in different parts of the city. He was supposed to care for them and educate them.”

Experts estimate that at least 300,000 children across India are drugged, beaten and forced to beg every day, in what has become a multi million rupee industry run by human trafficking cartels.

Rights groups have long complained that children’s homes in India are poorly regulated, not inspected often enough, and that many privately-run institutions are able to operate without a licence leaving thousands of children vulnerable to abuse.

Many children in these homes are not orphans but placed in institutional care by parents too poor to feed, clothe and shelter them.

“The orphanage was illegal and had no licence to run,” S.B. Balaraju of the State Commission for protection of child rights told the Thomson Reuters Foundation.

“We are very concerned about such homes, which are often hubs for children being trafficked and abused.”

In the neighbouring state of Tamil Nadu, a crackdown by authorities against mismanaged homes has seen the closure of over 500 in the last five years.

“The begging is a manifestation of all that is wrong in these homes. I am convinced that over 85 per cent of the homes don’t need to exist and are just fronts for other activities,” said Vidya Reddy of non-profit TULIR-Centre for the Prevention and Healing Child Sexual Abuse.

“Not all children need to be in these homes. Instead more community based initiatives need to be looked at.”

*Thomson Reuters Foundation

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DMZ facts
  • The DMZ was created as a buffer after the 1950-53 Korean War.
  • It runs 248 kilometers across the Korean Peninsula and is 4km wide.
  • The zone is jointly overseen by the US-led United Nations Command and North Korea.
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  • Donald Trump and Kim Jong-Un met at a building in Panmunjom, where an armistice was signed to stop the Korean War.
  • Panmunjom is 52km north of the Korean capital Seoul and 147km south of Pyongyang, North Korea’s capital.
  • Former US president Bill Clinton visited Panmunjom in 1993, while Ronald Reagan visited the DMZ in 1983, George W. Bush in 2002 and Barack Obama visited a nearby military camp in 2012. 
  • Mr Trump planned to visit in November 2017, but heavy fog that prevented his helicopter from landing.
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Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

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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.

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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.”

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1921

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Second Test: New Zealand 21 British & Irish Lions 24

Third Test: New Zealand 15 British & Irish Lions 15

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  • Dubai Sports City Eagles v Dubai Exiles
  • Dubai Hurricanes v Abu Dhabi Saracens
  • Jebel Ali Dragons v Abu Dhabi Harlequins
What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
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