Sentence upheld for Dubai inmate who spat on policeman and set cell on fire


Salam Al Amir
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DUBAI // A jobless man who was sentenced to two years in jail for spitting in a policeman’s face before setting his cell on fire because he was not allowed to go for a walk, had his sentence upheld by the Dubai Court of Appeal.

The 28-year-old Emirati, A M, was convicted despite denying a charge of endangering the lives of 90 detainees by setting ablaze Ward 2 of the Al Rashidiya detention centre when he appeared at the Dubai Criminal Court last October.

He was also convicted of damaging the windows of the surveillance camera room, threatening to kill a man, and insulting and assaulting the Emirati policeman.

A M confessed only to insulting the officer and damaging the windows.

On March 13, A M covered up the camera in his ward before starting the fire, the court heard.

“I noticed it [the camera] was covered with wet tissues so I went and saw the defendant. I talked to him and asked him what he wanted,” said policeman M H, 26. “He told me he wanted to have a walk outside the ward. I told him that it was not allowed, so he spat in my face, then insulted and screamed at me.”

M H said that as he left the room, he saw the accused lighting up a tissue then using it to set a mattress on fire. “Someone noticed the camera was not covered any more, so he [the defendant] covered it again and then we saw the smoke coming out of that area,” said the officer.

The detainees were taken from their cells when the fire spread but the defendant emerged carrying an iron bar.

“He looked at me and said that he would find out where I live and disfigure and kill me,” said M H.

A M then smashed the glass windows with the iron bar, causing damage estimated at Dh25,350.

The court ordered him to repay the amount of Dh25,350 to Dubai police, which was upheld by the appeal court as well.

salamir@thenational.ae

The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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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