Fired judges vex Pakistan once again



Islamabad // Pakistan's coalition government partners entered intensive discussions yesterday to find a replacement for Pervez Musharraf after they forced the former military ruler to resign as president. But the talks immediately became mired in the controversy that has threatened to break up the partnership since the government formed after elections in February: the reinstatement of judges sacked by Mr Musharraf last year.

The ruling Pakistan People's Party (PPP) prefers the judiciary be restored through an all-encompassing "constitutional package" that would enable it to hand-pick which judges stay in office and those to be removed. But its coalition partner, the Pakistan Muslim League-N of Nawaz Sharif, the prime minister ousted by Mr Musharraf in a coup nine years ago, has insisted they all be "restored within 24 hours". Javed Hasmi, a PML-N leader, said: "Today is the day for the restoration of the judges." The issue has become an embarrassing thorn between the two parties. In March, when the government was announced, the two parties pledged to restore the judges and the chief justice, Iftikhar Chaudhry, within one month. Mr Musharraf, with whom the PPP had a power-sharing agreement, opposed their reinstatement. So did the PPP's leader, Asif Ali Zardari, because Mr Chaudhry had questioned legislation granting him amnesty on corruption charges. Two weeks ago, however, the coalition partners pledged to restore the judges "within 72 hours" of Mr Musharraf's proposed impeachment. Yesterday, old formulas were discussed on how to reach an agreement. One solution envisages reinstatement of all the judges except Mr Chaudhry. Another includes Mr Chaudhry but only on the understanding that he retires shortly after his reinstatement. Mr Musharraf's resignation has presented the coalition government with new, as well as old, problems. In his emotional resignation announcement, which was broadcast on television on Monday, he said was stepping down to avoid impeachment charges after nine years in power. But his departure has thrown a burden of responsibility on the shaky coalition government to deal with the nuclear-armed country's woes. Mr Musharraf's fate is unclear. There is speculation he may still leave the country. Some reports claim that he will fly to Saudi Arabia, where he will perform the religious pilgrimage of umra, before moving on to another country, possibly the UK or Turkey It appears that a deal brokered by Pakistan's military and the US will ensure that neither the PPP nor the PML-N will make him face criminal charges. The details of the deal were secret. The PPP's law minister, Farooq H Naek, denied that a deal with Mr Musharraf had been struck. "He resigned himself and as far as his accountability is concerned, coalition partners will decide." Human Rights Watch yesterday urged the government to undo the "unlawful acts" of the former president and to hold him accountable for his "crimes". "Musharraf's brazen disrespect for human rights and the rule of law for nearly a decade finally caught up with him," said Ali Dayan Hasan, senior South Asia researcher at the international rights group, which is based in New York. The choice of a new president must be made within a month of Mr Musharraf's departure. The senate chairman, Mohammedmian Soomro, a one-time ally of Mr Musharraf, took over as acting president on Monday and will hold the office until the election of a new head of state. Candidates for president have not been made public. Newspaper reports suggested that a candidate from one of Pakistan's smaller provinces, including Mehmud Khan Achakzai from southwestern Baluchistan province, and Aftab Shoban Mirani, a PPP member from the southern province of Sindh, may be put forward. Mr Zardari, who would also like to present himself as a candidate, speculated last week that a female candidate would also be a possibility for the job. He has insisted that the president should be from the PPP. Female candidates may include the speaker of the national assembly, or lower house of parliament, Fehmida Mirza, or Mr Zardari's sister Faryal Talpur. Najam Sethi, a political analyst and newspaper editor, painted a bleak picture of the government's chances of quickly resolving the judges' issue or agreeing on a new president. "While the two sides wrangle in the full glare of the media, two critical issues are likely to fall by the wayside. The first has to do with bread-and-butter issues ? the second has to do with the war on terror which concerns America and the Pakistan army," he said. "This is an unpopular war. That is why the army and Mr Musharraf quickly handed over its "ownership" to the civilians shortly after the government was formed. I don't think Mr Zardari will have the time or the inclination to articulate an antiterror policy that satisfies America," he added. Mr Sethi said the US will probably take further unilateral action on Pakistani soil "regardless of its blowback on Mr Zardari". "What is incontestable is that the country must move on from this crisis quickly," said an editorial in Dawn, the country's oldest English-language newspaper. @email:iwilkinson@thenational.ae

RESULT

Bournemouth 0 Southampton 3 (Djenepo (37', Redmond 45' 1, 59')

Man of the match Nathan Redmond (Southampton)

Going grey? A stylist's advice

If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
2019 ASIAN CUP FINAL

Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.”

What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

Short-term let permits explained

Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.

Tenants also require a letter of no objection from their landlord before being allowed to list the property.

There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.

Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.