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Home -> News -> India Overseas -> Full Story
Another NRI under cloud on party funds issue
Monday, July 29 2002 16:05 Hrs (IST)

London: Yet another Non-Resident Indian (NRI) is being targeted in the British media for his donation to the Labour party months before he was appointed to a key post in the Prime Minister's office.

Dr Arnab Banerji, a senior investment fund manager, was appointed in 2001 to the Prime Minster's Forward Strategy Unit along with Lord Birt, the former BBC Director General.

According to reports Banerji had donated more than 5,000 Pounds to Labour, months before being given the post. Banerji quit his job at the PMO last week for a "senior post in the public sector".

Dr Banerji was chairman of group investment policy at F&C, formerly Foreign and Colonial, and was credited with overseeing its success in recent years.

Theresa May, chairman of the Tory party, has asked the government to reveal what Dr Banerji had been doing in Downing Street.

"Yet again, we have someone who gives Labour a large donation and is then given a major say over policy and the opportunity of a senior government job. It's this sort of thing that makes the public cynical," she said.

A spokesman of the PMO refused to comment on the issue.

PTI



















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