Security forces cracked down on demonstrators in Tripoli after deadly protests resulted in the torching of the municipality building last month.
Lawyers acting for the detained told The National that 24 people have been arrested since January 31, in conditions they describe as unlawful.
They say the detained were not allowed to contact a lawyer prior to their interrogation or inform their family of their arrest and that at least two of them had been beaten.
Authorities deny the allegations and say they arrested people suspected of torching government buildings and attacking members of the security forces.
Alaa Hussein, 29, is a political activist who was in the custody of army intelligence for five days. His brother, Bilal, said authorities did not inform the family of his whereabouts or why he had been detained.
“At first we didn’t even know what happened to Alaa. We had to use our connections to find out he was detained by the army,” Bilal said. “All these people were arrested in a mafioso way.”
In the last week of January, Tripolitans took to the streets to protest against poverty and a lack of financial support from the government during a strict 25-day coronavirus lockdown.
The demonstrations turned violent when protesters tried to storm the Tripoli Serail, the seat of the local government. The municipality building was set alight that week after a protester was shot dead by the Internal Security Forces, which admitted live ammunition had been used “in self-defence”.
We are fighting for authorities to simply follow the law. Unfortunately, legislation remains ink on paper
An army intelligence source told The National that those detained are suspected of having taken part in violent acts.
But activists and lawyers believe many are being unlawfully detained. The arrests sparked small protests in Beirut and Tripoli and fuelled further distrust of authorities.
Dozens of protesters gathered in front of Tripoli's Justice Palace last Thursday to demand their release.
Hilal Bodon, 41, said he believed authorities were trying to repress the protest movement by resorting to arbitrary arrests.
"Many of the people who were arrested in Tripoli are influential in the protest movement, but they are not the ones who burnt down government buildings," the activist told The National.
The army said it had arrested 27 people in relation to the rioting in Tripoli.
The Internal Security Forces did not disclose any arrests and could not be reached for comment. Lawyers told The National that more than 40 people were arrested by the army and security forces and 24 were still detained.
Ali Abbas, a lawyer to some of the detainees and activist at the Popular Observatory to Fight Corruption told The National that among the 24 detained only two have been released this week. Fifteen of them were formally charged with at least one of the following: rioting, forming a gang and assaulting security forces. They are set to appear before a military court. The remaining detainees should know whether they will be charged or released on Friday.
"They are essentially trying to silence protesters," Mr Abbas said.
The Popular Observatory to Fight Corruption has called for the immediate release of the protesters and has been holding regular demonstrations in front of the Military Tribunal in Beirut.
Mohamed Sablouh, a lawyer, filed a complaint with the General Prosecutor for the enforced disappearance and unlawful detention of at least 25 demonstrators, including two minors.
“Detainees have a right to call their families and to access a lawyer. They are being denied this right,” he said.
Mr Sablouh said he also had evidence that two demonstrators were beaten by security forces.
“We are fighting for authorities to simply follow the law. Unfortunately, legislation remains ink on paper.”
Two army sources denied the allegations.
Mr Sablouh said that although the law was recently amended to allow a lawyer to be present during questioning, he was surprised when authorities informed him that most of those detained had waived their right to that.
An army representative told The National they were not bound by law to have a lawyer present during questioning.
"This is a new amendment to the law that has not been put into practice yet," he said.
The Tripoli Bar Association, of which Mr Sablouh is a member, plans to file a petition to the government next week to lobby for the rights of detainees to be respected.
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.”
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
UAE players with central contracts
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UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
Results:
6.30pm: Handicap | US$135,000 (Dirt) | 1,400 metres
Winner: Rodaini, Connor Beasley (jockey), Ahmad bin Harmash (trainer)
7.05pm: Handicap | $135,000 (Turf) | 1,200m
Winner: Ekhtiyaar, Jim Crowley, Doug Watson
7.40pm: Dubai Millennium Stakes | Group 3 | $200,000 (T) | 2,000m
Winner: Spotify, James Doyle, Charlie Appleby
8.15pm: UAE Oakes | Group 3 | $250,000 (D) | 1,900m
Winner: Divine Image, William Buick, Charlie Appleby
8.50pm: Zabeel Mile | Group 2 | $250,000 (T) | 1,600m
Winner: Mythical Image, William Buick, Charlie Appleby
9.20pm: Handicap | $135,000 (T) | 1,600m
Winner: Major Partnership, Kevin Stott, Saeed bin Suroor
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching