The Beirut Bar Association called for a two-day strike in protest against what they described as the illegal arrest of lawyer Rami Ollaik on Thursday by unidentified men in civilian clothes.
Mr Ollaik was recently at the centre of a politicised court case seen as a proxy power struggle between judges who support prime minister-designate Saad Hariri and those who side with President Michel Aoun.
The two men have quarrelled openly for the past eight months over the formation of a new Cabinet.
The High Judicial Council, Lebanon's top court of 10 judges, advised public prosecutor Ghassan El Khoury to prosecute Mr Ollaik for slandering the High Judicial Council and state prosecutor Ghassan Oueidat, the National News Agency (NNA) reported on Wednesday.
The state-run agency did not specify which comments the High Judicial Council was referring to.
But Mr Ollaik refused to be questioned by the information division of the local police, or Internal Security Forces, and asked for a review of his case by the Beirut Bar Association.
The association said Mr Ollaik was arrested as he was walking to its offices near the Justice Ministry on Thursday.
“Unidentified civilians took him violently towards an unknown destination,” they said, calling for a two-day strike on Friday and Monday.
The arrest is illegal because Lebanese law stipulates that the public prosecutor must ask the Beirut Bar Association for authorisation before interrogating a lawyer, a source at the association told The National.
The Tripoli Bar Association declared a one-hour strike on Friday morning in rejection of “transgression or violation of legal norms”, in an apparent reference to Mr Ollaik’s arrest.
The NNA reported that Mr El Khoury interrogated Mr Ollaik at the Justice Palace on Friday morning during a “tumultuous session”.
Mr El Khoury then referred him to Beirut’s first investigative judge, Charbel Abu Samra, and charged him with “slander and disparagement of the judiciary”.
In a statement relayed by supporters, Mr Ollaik called himself a “prisoner of conscience” and denounced his “arbitrary and illegal arrest”.
Activists say that the Lebanese justice system has never been fully independent, because judges owe their jobs to politicians, who govern the country along sectarian lines.
Mr Oueidat was appointed by a government decree in late 2019, weeks before Mr Hariri resigned as prime minister in the face of nationwide anti-government protests.
But tensions within the judiciary have been increasing in the past weeks as Lebanon’s economic collapse accelerates. Politicians from all sides blame each other for corruption and for causing the country’s troubles. These divisions are reflected across Lebanese society.
Mr Ollaik is the legal representative of a group of activists called Scream of Depositors, which filed a lawsuit last month against central bank governor Riad Salameh, his top aides and one of the country’s biggest exchange offices, accusing them of money laundering and illicit enrichment.
The group’s efforts were supported by Judge Ghada Aoun, who is close to President Aoun. She has publicly defied Mr Oueidat, who has repeatedly stalled her investigation into financial crimes.
Mr Salameh, an ally of Mr Hariri, is the target of mounting public anger since Lebanese banks started running low on US dollars in 2019, restricted access to deposits and banned transfers abroad.
President Aoun has repeatedly criticised Mr Salameh and called for an audit of the central bank.
Mr Ollaik previously denied that the complaint filed against Mr Salameh was politicised. "We're just concerned about the rights of the people," he told The National in April.
On Wednesday, Mr Ollaik lambasted Mr Oueidat for arresting Charbel Razzouk, an activist in Mr Aoun’s political party, the Free Patriotic Movement.
Mr Razzouk had hung a giant banner printed with Mr Oueidat’s face that read “What have you done, Ghassan?” and “Protecting corruption files makes you a partner in crime”.
The banner also showed a picture of Beirut port's grain silos, destroyed by a deadly explosion last August that is still under investigation.
Lawyers affiliated to the Free Patriotic Movement condemned Mr Ollaik’s arrest on Thursday, saying it did not respect “basic human rights and laws”.
The High Judicial Council's decision this week to prosecute Mr Ollaik will probably be the last in a long time.
The mandate of seven of the 10 judges expired on Friday, and replacements suggested by the caretaker justice minister have not been approved because of political infighting.
In the meantime, the High Judicial Council cannot meet.
Defence review at a glance
• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”
• Prioritise a shift towards working with AI and autonomous systems
• Invest in the resilience of military space systems.
• Number of active reserves should be increased by 20%
• More F-35 fighter jets required in the next decade
• New “hybrid Navy” with AUKUS submarines and autonomous vessels
TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
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Why seagrass matters
- Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
- Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
- Biodiversity: Support species like sea turtles, dugongs, and seabirds
- Coastal protection: Reduce erosion and improve water quality
MATCH RESULT
Liverpool 4 Brighton and Hove Albion 0
Liverpool: Salah (26'), Lovren (40'), Solanke (53'), Robertson (85')
Reputation
Taylor Swift
(Big Machine Records)
UAE rugby in numbers
5 - Year sponsorship deal between Hesco and Jebel Ali Dragons
700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams
Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams
Dh1.8m - Dubai Hurricanes' overall budget for next season
Dh2.8m - Dubai Exiles’ overall budget for next season
Innotech Profile
Date started: 2013
Founder/CEO: Othman Al Mandhari
Based: Muscat, Oman
Sector: Additive manufacturing, 3D printing technologies
Size: 15 full-time employees
Stage: Seed stage and seeking Series A round of financing
Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now.
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
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%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
Coal Black Mornings
Brett Anderson
Little Brown Book Group
LUKA CHUPPI
Director: Laxman Utekar
Producer: Maddock Films, Jio Cinema
Cast: Kartik Aaryan, Kriti Sanon, Pankaj Tripathi, Vinay Pathak, Aparshakti Khurana
Rating: 3/5
The squad traveling to Brazil:
Faisal Al Ketbi, Ibrahim Al Hosani, Khalfan Humaid Balhol, Khalifa Saeed Al Suwaidi, Mubarak Basharhil, Obaid Salem Al Nuaimi, Saeed Juma Al Mazrouei, Saoud Abdulla Al Hammadi, Taleb Al Kirbi, Yahia Mansour Al Hammadi, Zayed Al Kaabi, Zayed Saif Al Mansoori, Saaid Haj Hamdou, Hamad Saeed Al Nuaimi. Coaches Roberto Lima and Alex Paz.
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
SPEC%20SHEET
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