DUBAI // Memories of the brutality unleashed by Somali pirates and the trauma of seeing shipmates tortured and driven to suicide have left the 22 hostages recently freed from the MV Iceberg 1 with psychological scars.
There were 24 sailors on board when the Dubai-owned cargo ship was hijacked on March 29, 2010. Twenty two were rescued last Sunday by the Puntland Maritime Police Force (PMPF) following a 13-day siege of the ship.
The freed hostages have told their rescuers harrowing stories of the physical and mental abuse they were subjected to.
The crew said they were not allowed to sleep at night, often trussed up with ropes and left hanging upside down.
One Yemeni sailor, suffering from depression, jumped overboard in October 2010 after being constantly taunted by the pirates.
"They kept telling him they would take out his kidney and his heart," said Swapnil Jadhav, 25, a freed Iceberg seaman from western India. "He got scared and was depressed so when he saw a helicopter overhead, he jumped into the water and died."
At the time, the ship's Yemeni owners had said the sailor died due to malnutrition.
Mohamad Abdirahman, PMPF director, said the crew had told a different story.
"It was too stressful for him with the pirates constantly saying they would kill him and so he jumped," Mr Abdirahman said. "They kept the body in the freezer for sometime and then threw it into the sea."
The 24th sailor, Indian chief officer Dhiraj Tiwari, has not been seen since September 8, 2011.
The violence escalated that month after the pirates ran the ship aground on the northern coast of Puntland.
Mr Jadhav said the pirates targeted Mr Tiwari because he stepped forward to protect them.
"They always beat him the most," he recalled.
"If we turned to look they would beat us more. We had to keep our head down when the beating started and not look around or they would not stop hitting us."
Apart from being repeatedly beaten, they were also routinely starved.
"The pirates tortured them and would then make them call their family and the owner," said Mr Abdirahman.
"They cut the ears off of one old Yemeni sailor. He is OK now but will need a few operations. They also shot over their heads, hit them so hard that many have lost their teeth, whipped them with sticks and wires and tied them up and left them in the sun."
Jon Bamford, the managing director of Unity SPS, a maritime security company based in Dubai, said: "It's the mental trauma that will last because the physical trauma they will get over in time.
"It's also difficult for them to talk about all they have gone through. They will need careful counselling, love and attention from their families - and a lot of patience."
Mr Abdirahman said the freed men had fresh concerns now about providing for their family.
"They are very emotional and sad," he said. "They have not received their salary for three years and that is a big worry. In the future they will need careful care."
Most of the families have been through trying times in the absence of their breadwinner.
Francis Koomson Jr, the son of a Ghanaian hostage, said the years had taken a particular toll on his mother. "She has been suffering emotional trauma and it's difficult for us to cope," he said.
"Counselling is expensive but we know our father will need support and as a family we will come together to help."
There are 119 people still being held hostage by Somali pirates aboard eight ships and another 23 sailors are being held ashore, according to the International Maritime Bureau.
Mr Bamford said these men should not be forgotten.
"It's important we also don't lose sight of those being held captive and the worry that their families have in their minds all the time."
rtalwar@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.
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Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
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