DUBAI // A woman sent a picture of a bomb belt to a man she claims is the father of her son, warning she would detonate it in a Dubai building, a court has heard.
And when inside the building, which houses Dubai Public Prosecutions, she said there was also a car bomb outside, the Criminal Court was told.
Prosecutors said she demanded a paternity test to prove that J S A was the biological father of her 10-year-old son.
The woman, Zulfiya Hamraeva, 33, was charged at the court on Sunday, where scenes of panic and terror at the building on September 1 were described.
J S A, 49, also gave evidence. He told the court he met the Uzbeki woman in 2003 and 10 days later she claimed she was pregnant to him.
“We both went to Ajman court and I was acquitted but she was jailed for one month,” he said.
Ms Hamraeva was also convicted of adultery by the court.
In 2007 she filed a case against him in Sharjah to prove he was the father of her son, but the Sharjah court refused to hear the case on the basis of the Ajman ruling.
“Again I was acquitted but she caused me many family problems and started calling me,” he said.
“On August 20 she sent me a picture of the explosive belt along with a voice message saying that I will see the bombing.”
A member of the Armed Forces, he told the court he did not take her threats seriously and was astonished when she went to the building wearing the belt.
“She had been asking me to admit the boy is my son but I was not sure. She also demanded that I give her Dh3 million and a villa,” he said.
M Y A, 28, an Emirati police captain from Fujairah, was charged with aiding and abetting the woman by making the belt, and suggesting she go to the building to demand that J S A take the DNA test.
The officer denied the charge but his request for bail was refused.
The court also heard from witnesses at the building on September 1 who described the scenes that followed the bomb threats.
M A, 33, a prosecution reception employee, said he saw the defendant clap to draw attention, then she started screaming and opened her abaya to reveal the belt.
“People were terrified and started running out of the building. I’m still terrified and often have nightmares because of the incident,” he said.
Emirati B A, 45, said he remembered meeting the woman at the gate of the building. He later watched as she opened her abaya.
“She was screaming about having a problem related to her son,” he said. “She was pointing at him and demanding to meet a prosecution official and then people started screaming ‘explosive belt, explosive belt as they rushed outside’.
“I ran outside and because of the crowds pushing I fell on the stairs and my back was injured.”
One of the negotiators at the scene, Col M A A, 47, told the court that when he arrived the woman asked for Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
He said she also asked for Sheikh Hamdan bin Mohammed, Crown Prince of Dubai; Sheikh Saif bin Zayed, Minister of Interior and Deputy Prime Minister; Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah; his wife Sheikha Jawaher bint Mohammed Al Qasimi; and Uzbeki consul and lawyer Muna Al Khaja.
“She continued making the threats and said that she would make explosions outside the building as there was a car carrying explosives and placed somewhere outside,” the negotiator said, adding that she made phone calls to someone about this.
“Her belt looked very much real with its wire hooked to a detonator. This happened for the first time in the UAE and it’s so grave. Others may try to do like she did.”
The belt turned out to be an elaborate fake.
Ms Hamraeva was charged with threatening prosecution employees and visitors, endangering the lives and safety of people and spreading terror. She denied all the charges.
The next hearing is scheduled for December 25.
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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.”
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