18/08/2012 BBC Weekend News


18/08/2012

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Good afternoon. Winnie Johnson, the mother of one of the victims of the

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Moors murderer, Ian Brady, has died. Her son, Keith Bennett, was 12 when

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he was abducted in Manchester in 1964. She fought tirelessly to get

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Ian Brady to reveal the location of her son's brave -- her son's grave.

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She was 78 and had cancer. It is nearly 50 years since Keith

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Bennett was murdered and ever since then, his mother has made it her

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life's work to find his body up on Saddleworth moor. Ian Brady and his

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accomplice, Myra Hindley, murdered five children in the 1960s but the

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bodies of just four have been found. Keith Bennett's is the only one

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still missing. Winnie Johnson has always said she wanted to find her

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son before he'd it -- before she died but recently, she has suffered

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from cancer. He got away with the other ones, they found the others.

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But they have not found him, and I want him found. I want him found

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before anything happens. This morning it was confirmed that

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Winnie Johnson had died peacefully overnight. Her son, Alan Bennett,

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I am delighted to hear that to her family are going to carry on with

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the quest. Particularly in her memory, and let's hope now, and I

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am optimistic that information will come into the hands of the police,

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which may lead to the discovery of the body. Yesterday, it was

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reported that Ian Brady had written a letter to Winnie Johnson,

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revealing the location of Keith's body. Police are looking for the

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letter but even if it exists, it will have come too late to give

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Winnie Johnson her wish. An influential group of MPs says

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the former Chief Executive of Barclays Bank, Bob Diamond, gave

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highly selective evidence to their inquiry into the light or scandal.

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The Treasury Select Committee blames the boss of Barclays for the

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way their staff tried to manipulate the rate at which they lend to each

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other. Bob Diamond says he disagrees with the claims that he

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gave selective evidence. This is wrong and I am not happy about it.

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Former Barclays boss, Bob Diamond, giving evidence last month. He was

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called before the Treasury Select Committee to explain his bank's

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role in the global rate rigging scandal but today's report calls

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that evidence into question. It says that his submissions were at

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times highly selective. It was such hard work getting evidence out of

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Mr Diamond, quite frankly. The committee has made clear their

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committee has made clear their discontent about it. It goes on to

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criticise the Bank itself, saying the board presided over a deeply

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flawed culture, with management flawed culture, with management

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turning a blind eye. But why didn't regulators act sooner? The report

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suggests the manipulation was spotted neither by the financial

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services authority nor the Bank of England. They were too focused, it

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says, on ticking boxes. They must devote more thought to where the

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rest really lies. Mr Diamond and Marcus Agius quit following the

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scandal. A criminal investigation has now been launched but the

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report makes recommendations for report makes recommendations for

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reforms. It says there should be bigger fines to deter wrongdoing, a

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new criminal laws to prosecute those found guilty, Better

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Regulation to spot fraud as it Regulation to spot fraud as it

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happens. That, the report suggests, could help restore public trust in

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banks, a trust currently at an all- time low.

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What has been the reaction to the report? It is pretty damning. It

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points the finger of blame at Barclays and also at the Bank of

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England and the Financial Services Authority, the regulators. It says

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that they did not spot this wrongdoing and even when they did,

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they were too slow to act. This will reinforce calls for reform,

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not only for the way that the rate is calculated but also for a reform

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of the financial services industry. There is currently a Bill before

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Parliament that will actually scrap the Financial Services Authority

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and replace it with three other watchdogs designed to prevent a

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repeat of this happening in future. Of course, this is the first

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investigation but not the only one. The Serious Fraud Office has

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launched an investigation and that has the power to bring criminal

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proceedings against those found guilty, and in the United States,

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just this week, the authorities that issued a subpoena to seven

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banks to provide evidence in its investigation into the crisis.

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Whilst we have some clarity from this report, it is unlikely that

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the full scale of the problems in the rate rigging scandal will

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really become known for many weeks, months or years. Thank you. It has

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been announced that a soldier from 1st Battalion Grenadier Guards has

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been killed in Afghanistan. The Ministry of Defence said that the

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soldier was killed by enemy action in Nahr-e Saraj. Next of kin has

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been informed. The South African President, Jacob

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Zuma has awarded an inquiry -- has ordered an inquiry after police

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shot dead 34 platinum mine as on Thursday. This was the scene at the

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mine this morning. On Thursday, police officers opened fire on

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several strikers, some of whom were armed. Mr Zuma said the country

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would get through the crisis. have gone through painful moments

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before. And we are able to overcome such challenges. Through coming-

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together resignation, regardless of race, colour, creed or political

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affiliation. We must use this national trait again during this

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difficult period. The Duke of Edinburgh is spending his 4th day

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in hospital in Aberdeen where he is experiencing treatment for a

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bladder infection. He is expected to remain in hospital for the next

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few days and is said to be responding well to treatment. He

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