Armed men kidnap Malian journalist from newspaper office



BAMAKO // Gunmen abducted the director of a Malian private newspaper from his office and beat him "to a pulp" before releasing him, a colleague told AFP Friday.

Saouti Haidara is now in hospital with serious injures, another colleague said.

"Several armed men came on Thursday to the newspaper's offices," said a journalist with L'Independant newspaper, who asked not to be named.

They fired their weapons into the air before abducting Saouti Haidara, the source added.

"Saouti was threatened in front of us while he was giving instructions to the printer about the (next day's) newspaper," he added.

"The armed men were very tense."

A few hours later Haidara was released but according to the journalist "he has been beaten, tortured, by the armed men.

"He was admitted very quickly to a medical centre in Bamako. He was really beaten to a pulp."

Makan Kone, president of the Bamako Press House visited him in hospital.

"He is in a serious condition, the armed men broke his right arm which is in plaster. He was also hit in the head and is in a very bad state," he said.

"They threatened to kill him if he laid charges," Kone said.

He condemned "repeated attacks on freedom of expression" and a "deliberate operation of retaliation against the Malian press which is only doing its job.

"These people want to kill democracy and we will organise a march and observe a day of no press," he added, without giving further details.

State intelligence agents briefly arrested Haidara in June.

Several other journalists have been attacked or held briefly since Mali was plunged into crisis by a March 22 coup, which created a political vacuum that allowed several armed groups to seize the country's north.

Journalist Haby Baby, who works for two separate publications, has twice been arrested, most recently for denouncing the conditions under which he and other prisoners were held.

"Horrible things happen in these secret places, these isolated cells, these dark and terrifying hallways where you hear abominable screams, calls for help," wrote Baby.

In May the director of bi-monthly private journal Le Pretoire, Birama Fall, was also held by state security agents over an article he had written.

Last week another journalist was taken and beaten by armed men in balaclavas.

While the junta has handed power over to an interim government, the coup leaders remain influential in Bamako.

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One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

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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.

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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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