Iranian diplomat Assadollah Assadi is accused of conspiring to blow up a dissidents' rally..US Embassy Iran
Iranian diplomat Assadollah Assadi is accused of conspiring to blow up a dissidents' rally..US Embassy Iran
Iranian diplomat Assadollah Assadi is accused of conspiring to blow up a dissidents' rally..US Embassy Iran
Iranian diplomat Assadollah Assadi is accused of conspiring to blow up a dissidents' rally..US Embassy Iran

Fate of Iranian diplomat accused of Paris bomb plot to be decided next month


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The Iranian diplomat accused of plotting to bomb an exiled opposition group's rally will learn his fate in a Belgian court next month.

Assadollah Assadi, a 48-year-old diplomat formerly based in Vienna, faces 20 years in prison if convicted of plotting to target the Iranian dissident rally in France in 2018.

The rally included the People's Mojahedin of Iran (MEK), which Tehran considers a "terrorist group" and has banned since 1981.

Mr Assadi denies any involvement in the plot, which was foiled by security services, and has refused to appear at Antwerp Criminal Court, where he is on trial with three alleged accomplices.

On Thursday, the second and last day of the hearing, the three maintained their innocence.

Lawyers for Nasimeh Naami and Amir Saadouni - a Belgian-Iranian couple arrested in possession of a bomb in their car on their way to France - claimed the explosive was not powerful enough to kill.

The lawyer for the third alleged accomplice, Mehrdad Arefani, described by the prosecution as a relative of Mr Assadi, has refuted his involvement and also pleaded for his acquittal.

Prosecutors are seeking an 18-year jail term for the couple and 15 years for Mr Arefani.

The target of the alleged bomb plot was a meeting of the National Council of Resistance of Iran (NCRI), an exiled opposition movement, outside Paris which was attended by several allies of US President Donald Trump, including former New York mayor Rudy Giuliani.

Ms Naami and Mr Saadouni were arrested in Brussels the same day while, separately, German police on July 1 arrested Mr Assadi, who allegedly handed the couple the explosives at a June meeting in Luxembourg.

Through his lawyer Dimitri de Beco, Mr Assadi again protested that he should not have been deprived of his diplomatic immunity.

The verdict will be delivered on January 22, Mr Assadi’s lawyer told AFP.

The case has heightened tensions between Iran and several European countries and shone an uncomfortable light on Tehran's international activities.

In October 2018, France accused Iran's ministry of intelligence of being behind the alleged attack.

Tehran has strongly denied any involvement.

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

The biog

Favourite book: Animal Farm by George Orwell

Favourite music: Classical

Hobbies: Reading and writing