Pakistani nuclear scientist Abdul Qadeer Khan AFP
Pakistani nuclear scientist Abdul Qadeer Khan AFP
Pakistani nuclear scientist Abdul Qadeer Khan AFP
Pakistani nuclear scientist Abdul Qadeer Khan AFP

AQ Khan was a national hero in Pakistan despite suspicion from the West


Con Coughlin
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No one arguably did more in the conquest of nuclear technology in the Muslim world than the legendary Pakistani nuclear scientist Abdul Qadeer Khan, whose death at the age of 85 from complications relating to Covid-19 was announced at the weekend.

Known in his home country as the “father” of Pakistan’s nuclear bomb for the central role he played in the development of Pakistan’s nuclear weapons arsenal, Khan was accused by Western intelligence of using his expertise to run a major proliferation network, aiding programmes in Libya and Iran.

Khan’s international proliferation activities were also said to have links with North Korea, whose own successful efforts to acquire nuclear warheads has been the cause of significant tension between Pyongyang and the United States.

Khan’s involvement in these activities led then-CIA director George Tenet to label the Pakistani scientist as one of the most dangerous men in the world, commenting that he was “at least as dangerous as Osama bin Laden”.

And it was because of the intense pressure Islamabad came under in the aftermath of the September 11 attacks that Khan’s activities were eventually subjected to close scrutiny by the Pakistani security forces, with the result that Khan was placed under house arrest for several years.

But while Khan remained a highly controversial figure in Western intelligence circles, the central role he played in helping his homeland to acquire its own nuclear weapons capability made him a national hero, an attribute that was clearly evident in the tributes from leading Pakistani politicians after his death.

Pakistani Prime Minister Imran Khan described the scientist as a “national icon”, and praised his “critical contribution” to making Pakistan “a nuclear weapon state. This has provided security against an aggressive much larger nuclear neighbour.”

Khan became immensely wealthy as a result of his involvement in exporting Pakistani nuclear technology, leading to claims that his primary motivation was financial gain, not fulfilling his patriotic duties. But Khan himself strongly refuted these suggestions, arguing that he wanted to break the West’s monopoly on nuclear weapons.

As BBC journalist Gordon Corera, who published a 2006 biography of Khan, has written, the scientist was highly critical of what he saw as Western hypocrisy regarding nuclear weapons, questioning why some countries were allowed to keep the weapons for their security and not others. “I am not a madman or a nut,” Khan once said. “They dislike me and accuse me of all kinds of unsubstantiated and fabricated lies because I disturbed all their strategic plans.”

Nevertheless, it is evident that Khan’s proliferation activities made a significant contribution to creating a number of global security issues, in particular Iran’s controversial nuclear programme.

Iran's centrifuge programme at Natanz, for example, where the regime has been accused of seeking to produce weapons grade uranium, was built primarily on designs and material first supplied by Khan. At one meeting it is said Khan's representatives basically offered a menu with a price list attached from which the Iranians could order.

People light oil lamps and candles in memory of Pakistan’s nuclear scientist. Reuters
People light oil lamps and candles in memory of Pakistan’s nuclear scientist. Reuters

Khan also made more than a dozen visits to North Korea where nuclear technology was believed to have been exchanged for expertise on missile technology.

In all these cases, the big unanswered question was the extent to which Khan was acting alone, or working on behalf of the Pakistani authorities. Khan himself was reluctant to discuss these issues and takes many of the secrets relating to his clandestine activities to the grave.

Khan’s proliferation activities were eventually wound up in the aftermath of the September 11 attacks, when his network came under intense scrutiny from Western intelligence. Matters came to a head when a team of American and British intelligence officers visited Libya in 2003 to persuade Libyan dictator Muammar Qaddafi to give up his efforts to acquire nuclear weapons. As part of the deal, the Libyans handed over a stack of half a dozen brown envelopes, containing Khan’s blueprint for building a nuclear weapon.

Pakistan media reports the death of Dr Abdul Qadeer Khan. EPA
Pakistan media reports the death of Dr Abdul Qadeer Khan. EPA

Under pressure from the Bush administration, which feared extremist terrorist groups like Al Qaeda acquiring nuclear known-how, the Pakistani authorities placed Khan under house arrest, even forcing him to make a televised confession.

Nevertheless, Khan remained a widely respected figure among Pakistanis, with streets, schools and even cricket teams named after him. Having become extremely wealthy he was also generous, funding a community centre near his home in Islamabad.

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.”

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As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question.  

“My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,” says the 34-year-old Filipina, who has lived in the UAE for five years.

Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE. 

“They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,” she says.

“They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.”

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Updated: November 03, 2021, 10:17 AM