A prominent American member has resigned from an advisory panel on the Rohingya refugee crisis, calling it a “whitewash and a cheerleading operation” for Myanmar leader Aung San Suu Kyi.
The sudden resignation on Wednesday of Bill Richardson, a former senior US politician and diplomat who considered Ms Suu Kyi a close friend, raises serious questions about international efforts to deal with the calamitous fallout of Myanmar military operations against the Rohingya Muslims that the United Nations has called "textbook ethnic cleansing".
Mr Richardson accused Ms Suu Kyi of an "absence of moral leadership" over the crackdown in Rakhine state and said they had had a heated exchange after he called for the release of two Reuters journalists arrested while covering the crisis.
A Myanmar government spokesman hit back on Thursday, accusing the former New Mexico governor of overstepping the mark in his stinging resignation letter.
"He should review himself over his personal attack against our State Counsellor," government spokesman Zaw Htay said, using Ms Suu Kyi's official title.
He said the issue of the journalists' arrests was beyond Mr Richardson's mandate and he should not have brought it up.
Mr Richardson's resignation offers possible insight into the thinking of Ms Suu Kyi, a Nobel Peace Prize laureate once revered as an icon of human rights whose leadership during the Rohingya crisis has shocked many outsiders.
A former US ambassador to the UN and energy secretary under Bill Clinton, Mr Richardsoncastigated Ms Suu Kyi for blaming outsiders for the crisis instead of looking honestly at military actions that have forced nearly 700,000 Rohingya to flee to squalid refugee camps in Bangladesh, where they have spoken of mass killings, rape and the obliteration of whole villages in Myanmar.
“She believes there’s a concerted international effort against Myanmar, and I believe she is wrong,” Mr Richardson said.
“She blames all the problems that Myanmar is having on the international media, on the UN, on human rights groups, on other governments, and I think this is caused by the bubble that is around her, by individuals that are not giving her frank advice.”
Ms Suu Kyi appears to want the 10-member advisory board, which is meant to implement earlier Rohingya recommendations made by a group led by former UN secretary general Kofi Annan, to validate her Rohingya policies, Mr Richardson said.
"The advisory board is mainly a whitewash and a cheerleading operation for the Myanmar government, and I'm not going to be part of it because I think there are serious issues of human rights violations, safety, citizenship, peace and stability that need to be addressed," he said. "I just felt that my advice and counsel would not be heeded."
This biting criticism of Ms Suu Kyi and resignation from the panel come as refugees cram camps in Bangladesh rife with crushing poverty, disease and an air of hopelessness.
More than 680,000 Rohingya Muslims have fled the military of majority Buddhist Myanmar, which began operations against them following attacks by an Islamic militant group on August 25 last year. The UN human rights chief has suggested that what’s happening to the Rohingya may be genocide.
Rohingya are severely discriminated against in Rakhine state, where many have lived for generations. They have been denied citizenship, freedom of movement and other basic rights.
Mr Richardson, who has frequently negotiated for the release of Americans imprisoned in foreign countries, also said he was “very unhappy and distressed” by Ms Suu Kyi’s heated reaction to his plea that two Reuters journalists detained on charges of violating a British colonial-era secrecy law used by a former military junta to muzzle freedom of speech “be treated fairly and rapidly”.
“That brought almost an explosion on her part, saying there were issues related to the official secrecies act, that that was not my charter as a member of the advisory board,” he said. “It was a very heated exchange that we had.”
The journalists, who are both Myanmar citizens, were investigating the Rohingya crisis. They face up to 14 years in prison if convicted. Local media said their arrests were an attack on media freedom.
Some Myanmar officials were working hard to help people in Rakhine, Mr Richardson said, and he held out hope that the advisory panel might press the government to push through his suggestion of an investigation of widespread reports the military buried Rohingya victims in many mass graves.
Though he said members of the advisory board were generally “serious people that could be very helpful”, Mr Richardson had tough words for the panel’s leader, Surakiart Sathirathai, a former Thai foreign minister.
“There’s no agenda, there’s no plan to address some of the issues relating to safety, to citizenship,” Mr Richardson said. “I don’t want to be part of a whitewash, and I felt it best that I resign immediately.”
MATCH INFO
Jersey 147 (20 overs)
UAE 112 (19.2 overs)
Jersey win by 35 runs
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 bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Ireland (15-1):
Ireland (15-1): Rob Kearney; Keith Earls, Chris Farrell, Bundee Aki, Jacob Stockdale; Jonathan Sexton, Conor Murray; Jack Conan, Sean O'Brien, Peter O'Mahony; James Ryan, Quinn Roux; Tadhg Furlong, Rory Best (capt), Cian Healy
Replacements: Sean Cronin, Dave Kilcoyne, Andrew Porter, Ultan Dillane, Josh van der Flier, John Cooney, Joey Carbery, Jordan Larmour
Coach: Joe Schmidt (NZL)
THREE
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