• People with banners of Bollywood actor Shah Rukh Khan and his son Aryan Khan gather outside Aryan's residence in Mumbai to celebrate his release from jail on bail. All photos: AFP
    People with banners of Bollywood actor Shah Rukh Khan and his son Aryan Khan gather outside Aryan's residence in Mumbai to celebrate his release from jail on bail. All photos: AFP
  • Aryan was arrested on drug-related offences.
    Aryan was arrested on drug-related offences.
  • The son of Bollywood actor Shah Rukh Khan spent 28 days in jail.
    The son of Bollywood actor Shah Rukh Khan spent 28 days in jail.
  • Aryan was arrested by the Narcotics Control Bureau during a rave party on the 'Cordelia' cruise boat sailing from Mumbai to Goa.
    Aryan was arrested by the Narcotics Control Bureau during a rave party on the 'Cordelia' cruise boat sailing from Mumbai to Goa.
  • The court set out 14 conditions for Aryan's bail, including a personal bond of 100,000 rupees ($1,335) and barred him from leaving the country.
    The court set out 14 conditions for Aryan's bail, including a personal bond of 100,000 rupees ($1,335) and barred him from leaving the country.
  • Aryan must also seek police permission should he wish to leave Mumbai.
    Aryan must also seek police permission should he wish to leave Mumbai.
  • Aryan faces charges of sale, consumption, procuring banned substances, and conspiracy under India’s anti-narcotics laws. He has pleaded innocence.
    Aryan faces charges of sale, consumption, procuring banned substances, and conspiracy under India’s anti-narcotics laws. He has pleaded innocence.

Bollywood actor Shah Rukh Khan's son walks out of jail


Taniya Dutta
  • English
  • Arabic

Aryan Khan, the son of Bollywood megastar Shah Rukh Khan, walked out of a Mumbai prison on bail on Saturday morning, nearly a month after he was arrested on drug-related offences following a raid by the Narcotics Control Bureau.

The 23-year-old was met by his entourage and driven in a convoy of cars to his Mumbai home. He could not be released on Friday as his lawyers failed to meet the deadline to deliver sealed documents to complete the paperwork at the prison in time.

He was granted bail by the Bombay High Court on Thursday after spending 28 days in jail following his arrest during a police raid on the Cordelia cruise liner as it sailed off the coast of Mumbai on October 2.

Dozens of his supporters gathered outside the jail’s gate amid heightened police security for the celebrity, whose arrest has been followed non-stop by television channels.

His home in Mumbai was festooned with lights but closed to the public after hundreds of his fans arrived for street celebrations.

On Friday, the court set 14 conditions for his bail, including a personal bond of 100,000 rupees ($1,335), an international travel ban and regulated movement within the country.

The actor has to present himself before investigators every Friday and seek police permission should he wish to leave Mumbai.

Khan and seven others were arrested during the raid on the cruise ship and are accused of the sale, consumption, procuring banned substances, and conspiracy.

No drugs were found in his possession and he has pleaded innocence.

But the anti-drug agency claimed to have found incriminating WhatsApp chats from his mobile phone that link him to an international drug ring.

A lower court denied him bail last week.

The high-profile case has caught the attention of the country amid allegations that his arrest was linked to India’s growing religious and political divide.

Allegations against Modi

Many critics have alluded to the fact that the anti-narcotics agency, controlled by Hindu nationalist Prime Minister Narendra Modi's government, was part of a witch-hunt against the country's leading Muslims actors.

Bollywood has been dominated by Muslim actors for decades, including the three “Khan megastars” – Shah Rukh, Salman and Aamir.

But since Mr Modi’s rise to power in 2014, many Hindu nationalists have called for purging Muslim influence from the industry, arguing it should promote film stars from the country's majority religion amid an increased focus on producing patriotic films.

In recent weeks, Aamir Khan was accused of “creating unrest among Hindus” for an advertisement encouraging people to stop bursting firecrackers before the Diwali festival.

He has previously faced a backlash over his remarks, which have been viewed as allowing intolerance to spread in the country.

Shah Rukh had faced a similar smear campaign in 2015 over his comments on growing extremism in the country, with a senior member of Mr Modi’s party and Uttar Pradesh Chief Minister Yogi Adityanath comparing him to Hafiz Saeed, a UN-designated Pakistani militant leader.

Mr Modi’s party members earlier this year accused the makers of a political drama of being “anti-Hindu” and police complaints were registered against the series’ main lead – a Muslim actor – and another film star Saif Ali Khan.

Saif Ali Khan was also later criticised for naming his second son Taimur, the name of a 14th century Turkish ruler who invaded India.

Arati Jerath, a Delhi-based political analyst, said the arrest of Aryan Khan was an attempt to target Shah Rukh and “knock him off the pedestal of India’s top celebrity actor” amid political bickering between Mr Modi and his rivals.

“The way these events unfolded with Aryan…the whole case really feels like some kind of deliberate attempt,” Ms Jerath told The National.

“The right-wing nationalists have had this project for a long time, of trying to purge Bollywood of Muslim influence…after the Modi government came in, they tried to promote Hindu actors and displace the Muslim triumvirate.”

The case has also brought to fore the political rivalry between Mr Modi’s government and a regional ruling alliance that has accused the central government of destabilising the Maharashtra state government.

Maharashtra, which has Mumbai as the capital, is home to the Bollywood industry and ruled by Mr Modi’s political rivals. One recent political tussle has been over the death of Bollywood actor Sushant Singh Rajput, who died last year following a history of drug abuse.

A senior state minister recently accused the government's anti-drugs agency of implicating the star’s son to target the state government and accused its lead investigator, Sameer Wankhede, of extortion and forgery.

One of the witnesses in the case claimed that Mr Wankhede was extorting money from the star’s family, prompting a bribery investigation against the officer by the Mumbai police.

“It has now become a political battle with the NCB, Maharashtra government jumping in, allegations between centre and the state…the whole picture has got quite murky,” Ms Jerath said.

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Director: Joseph Kosinski

Rating: 4/5

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Rating: 4/5

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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

The specs
 
Engine: 3.0-litre six-cylinder turbo
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Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
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The specs: 2018 Nissan 370Z Nismo

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World Cup League Two

Results

Oman beat Nepal by 18 runs

Oman beat United States by six wickets

Nepal beat United States by 35 runs

Oman beat Nepal by eight wickets

 

Fixtures

Tuesday, Oman v United States

Wednesday, Nepal v United States

 

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UAE currency: the story behind the money in your pockets

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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Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

Updated: November 01, 2021, 10:33 AM