DUBAI // A drunk Irishman accused of having sex with a British woman in the back of a taxi was caught with his trousers down, a police officer told a court today.
The officer, a 22-year-old, told the Misdemeanour Court that when he approached the taxi he saw RB, a 29-year-old recruitment executive, without any underwear on gyrating on top of CM, 27.
"The man's trousers were down to his knees," said the officer, who added that when they looked up and saw him they quickly began to get dressed. "The woman started crying and saying she wanted to go home," he told the court.
Despite the officer's testimony the man and woman denied having sex during the incident, which happened last May, though they admitted consuming large quantities of alcohol at a hotel beforehand.
"We are not guilty, but we confess that we drank alcohol," the two told courtroom number 9 through a translator yesterday in their first court appearance. They are both facing charges of having consensual sex and consuming alcohol.
"I had five glasses of white wine and four glasses of vodka," RB admitted during her police interrogation, while CM put his consumption at "six to seven" glasses of vodka. RB said she met CM at a hotel on May 4 and they began chatting. The two then left the hotel and hailed a cab together.
They were picked up by the Pakistani taxi driver QP, 29, at about 11pm, and asked him to drive to Al Barsha. However, the driver said that when they arrived they became vague about the directions. "I told them to be specific," said the taxi driver, adding that they then asked him to drive to the Marina area.
"On the way I saw the man taking out an alcohol bottle and he drank from it. I told him it was not allowed but he continued drinking, then threw the empty bottle from the window."
The driver said that as he reached Tecom bridge leading to Dubai internet City he noticed the woman was sitting on the man's lap. "I could see through the mirror that she had nothing on to cover her back," he said, adding that he then noticed a police patrol near the American University. He honked at the officer who then came over to investigate.
"As I parked and stepped out of the vehicle, I saw her topless," said the driver. "I didn't see them having sex but she was topless and the way she sat on top of him looked more like a sexual position, and she was moaning for about two minutes."
He said he saw them kissing and that RB then tried to bribe him. "When we were all taken to the police station, the woman offered to give me a large amount of money if I didn't say they were having sex and said they were only drinking alcohol and kissing," he testified.
Both RB and CM denied the driver's account, and insisted they had not had sex. "I did not take off my shorts or underwear," said RB, while CM claimed he had only hugged RB.
However, the two differed in their accounts. RB said that she was sitting behind the driver and overbalanced while reaching for some food. She said CM held her to help her regain her balance as she was "totally drunk".
"I did not have sex with [CM] in the taxi, and I don't know why the driver is claiming that it happened," she told prosecutors.
However, In RB's version of the story, he was the one who sat behind the driver.
A forensics report found no DNA evidence to prove intercourse had occurred. Some scratches were found on RB's hands which she claimed were caused by her cat.
The next hearing was scheduled for November 1.
salamir@thenational.ae
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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.”