Imad Adwan was arrested in April on charges of smuggling guns into the occupied West Bank
Imad Adwan was arrested in April on charges of smuggling guns into the occupied West Bank
Imad Adwan was arrested in April on charges of smuggling guns into the occupied West Bank
Imad Adwan was arrested in April on charges of smuggling guns into the occupied West Bank

Jordanian MP charged with smuggling guns into West Bank to face trial next week


Khaled Yacoub Oweis
  • English
  • Arabic

A Jordanian MP who was charged with smuggling weapons into the Israeli-occupied West Bank will go on trial next week, officials said on Wednesday.

The case of Imad Adwan, who comes from an influential clan, has highlighted Jordan’s complex ties with Israel and tribal dynamics that can affect the political system in the kingdom.

Officials said the trial, to be held privately in a secure court, will start next Tuesday, after Mr Adwan’s lawyer, Ali Mubaidin, submitted a last-minute motion questioning the indictment.

“The trial was supposed to start today but the motion delayed it,” an official, who did not want to be named, said on Wednesday.

No media, nor anyone other than Mr Adwan’s lawyer, are allowed at the trial, similar to most cases handled by the security court. Thirteen suspected accomplices, who have not been identified, will go on trial with Mr Adwan on Tuesday.

The official said Mr Adwan’s lawyer asked to dismiss the case over “lack of physical evidence” and on the grounds that the prosecution had built the allegations on hearsay.

He said another lawyer for one of the 13 defendants also had sent a written objection to the court, stating his client was motivated by profit, not terrorism, so the case should not be tried by the security court.

In April, Israeli security personnel arrested Mr Adwan at the Allenby Bridge on the Jordan river that separates the two countries. He was later handed over to Jordanian authorities.

In his car were 194 handguns and 12 rifles, according to Israeli media, which based its reports on an investigation by Shin Bet, Israel's security agency.

Mr Adwan sat on the parliament’s Palestine Committee, which monitors Israeli violations in occupied Palestinian territories, in line with official Jordanian policy of denouncing Israeli pressure on the West Bank and Gaza.

Jordan, however, has close security co-operation with Israel and the countries are main recipients of US aid.

When Mr Adwan was arrested, members of his tribe staged protests in the Jordan Valley and sought to portray him as a resistance hero.

The Adwans, together with other tribes east of the Jordan river, played a main role in the formation of Jordan as a British protectorate in 1921 and became the main strata underpinning the security forces.

All significant powers in Jordan lie with King Abdullah II. The 130-member parliament, which is comprised mainly of tribal deputies, is awarded airtime in state media, helping to raise the profile of its members and perceived societal status.

Among the perks of being in the legislature is a diplomatic passport, which Mr Adwan is suspected of having used to facilitate smuggling.

According to the Jordanian indictment, Mr Adwan received a commission of $1,400 for every piece of weaponry and $700 for every kilogram of gold he smuggled in his car.

The vehicle, a Lexus, received “special treatment” at the crossing, the document claimed.

The weapons it was alleged to be carrying when Mr Adwan was arrested on April 22 were said to have been supplied by a gun dealer in the city of Madaba, near Amman, packed in two suitcases.

“He aroused the suspicion of the Israeli authorities,” the indictment 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.

“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.”

Updated: September 20, 2023, 1:46 PM