Women celebrate the liberation of Libya at Martyrs' Square in Tripoli yesterday. Libya's new rulers declared the country as free from Muammar Qaddafi's 42 years of one-man rule.
Women celebrate the liberation of Libya at Martyrs' Square in Tripoli yesterday. Libya's new rulers declared the country as free from Muammar Qaddafi's 42 years of one-man rule.

Libyans declare their liberation from 42 years of Qaddafi rule



Tripoli // Libya's interim government drew a line in history last night before tens of thousands of people, declaring the country officially liberated from the Qaddafi regime after 42 years of totalitarian and often brutal rule.

At a ceremony in Benghazi, the city where the revolt ignited on February 15 and where rebels first took up arms against the dictator, the interim leader inaugurated the new era with a jubilant note.

"Reconciliation is essential for the success of the revolution," said Mahmoud Jalil, wearing a dark pinstriped suit and black-and-white polka dot tie.

Mr Jalil appealed to his countrymen to address property and other disputes through the law, not by force, and promised that the country would be governed by laws that had Sharia as their source.

In an unexpected announcement, he said a law banning multiple wives would be overturned and that it was possible that non-Sharia banking would be made illegal.

The official declaration of liberation set in motion an eight-month countdown until the election of an assembly to write a new constitution and hold presidential and parliamentary elections a year later.

More so than Egypt or Tunisia, whose protesters inspired Libyans by toppling their autocratic leaders, Libya will have to start the construction of a democratic state from scratch. There are no political parties, and even organised social groups such as the Muslim Brotherhood are less developed than in other countries because they were outlawed by the Qaddafi regime.

The declaration in Benghazi was itself one of the National Transitional Council's first political gestures. It was not made in Tripoli, the capital and seat of the interim government; nor was it in Misurata, the battered city where the lifeless, bloodied bodies of Qaddafi and his son Mutassim were brought as spoils of war on Thursday.

It will fall to Mr Jalil, a former justice minister under Qaddafi, and his interim cabinet to soothe fractures between the different cities in regions of the country as they all vie for control and construction funds in the year ahead. This challenge is especially fraught because of the abundance of weapons, mostly AK-47s and FN assault rifles, in the hands of the Libyan people.

Even the bodies of Qaddafi and his son were driving cracks through the nascent state. An autopsy revealed yesterday said Qaddafi was killed by a bullet to the temple, making it increasingly likely that he was executed by Misurata fighters after being captured alive in Sirte. Visitors pored into a cold storage container to view the bodies for the third straight day yesterday but the scratch marks, bruises, and bullet wounds apparent on Friday and Saturday were covered up.

While few have expressed regrets that the former "brother leader" was dead, there were fears that a possible execution augured more tribal and regional tensions as the country is rebuilt. Footage of Qaddafi in his final moments shows one man slapping him saying "This is for Misurata, you dog" while Qaddafi pleads "Do you know right from wrong?"

An ambulance driver who allegedly brought the body to Misurata said in an interview with Reuters that Qaddafi was already dead by the time he saw him, conflicting with the NTC official version that he was killed by bullets between NTC fighters and Qaddafi loyalists while lying in the back of an ambulance.

Now the Qadhafi tribe, of which Qaddafi was the most famous member, may be given his body for burial after the NTC consults with them on where to place the final remains, according to one official yesterday.

Worries over the future of the country appeared to fall away, if only temporarily, as Libyans across the country ventured into public squares and streets to wave flags and celebrate the end of the armed conflict that saw thousands of citizens and soldiers lose their lives.

Camels were slaughtered in Martyr's Square, formerly known as Green Square, in Tripoli as popcorn and candy floss were dispensed from vendors in the crowds.

"It's like the best Eid we've ever had, " said Nisreen Arbigi, 20, a pharmaceutical student at Tripoli University, where a bazaar was held with food, exhibitions of art and weapons, and children's' game. "It's like being reborn."

Inside a university hallway, people gathered around Ali Najah Krimid, 23, a fighter from Zintan who lost his right leg below the knee after a

rocket-propelled grenade exploded next to him in June. "Hero," one man said.

Remembering the "Battle of Five Points" on Zintan, Mr Krimid said he whispered prayers as he lay bleeding on the ground, but was brought to

Tunisia where they amputated the damaged part of his leg. "I would have given more to fight for my country," he said.

The celebrations did not make it as far as Tripoli Central Hospital, where hallways were covered with pictures of missing Tripolitanians.

There were still more than 700 people, mostly fighters, unaccounted for, according to hospital officials.

Ahmed Salem Ibrahim El Denali watched as a medical assistant clicked through photographs from the front line of dead bodies, many looking ghostly because of the lime to preserve the bodies and roughly patched up with stitches that came too late. Mr El Denali's brother Ibrahim,  29, the father of six, had been missing since June.

"We don't have much hope now," he said.

Doctors said they were happy that they would no longer see lamed and critically wounded men rushed to their operating rooms, but extra shifts were added last night to prepare for the likely onslaught of  people injured by falling bullets. Three people died last Thursday alone from bullets that drilled into their head, presumably after being fired in the air by rebels celebrating.

"The blood keeps flowing," he said. "We tried to put out messages to  stop firing in the air, but they keep doing it."

Before the revolutions, he had only seen a handful of gunshot wounds in his career. In the last months, there have been thousands.

bhope@thenational.ae

With additional reports by Associated Press, Agence France-Presse, Reuters

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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Our legal consultant

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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.”

The years Ramadan fell in May

1987

1954

1921

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Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin

MATCH INFO

Uefa Champions League final:

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