London murder accused was released in Kenya on British advice



MOMBASA // One of the men accused of hacking a British soldier to death in London last week was freed from arrest in Kenya three years ago on the recommendation of the British High Commission, a Kenyan lawyer who represented him in 2010 said yesterday.
British authorities are increasingly facing questions about what they knew about the activities of the two Britons, who are of Nigerian descent, suspected of butchering Lee Rigby, a 25-year-old veteran of the Afghan war, in broad daylight in a London street.
The men have said they killed Rigby in the name of Islam. One of them, Michael Adebolajo, was arrested in Kenya in 2010 for allegedly trying to join a group of Islamist militants.
The murder has provoked an anti-Muslim backlash in multi-racial Britain.
Wycliffe Makasembo, the lawyer who represented Adebolajo at the time of his 2010 arrest in the tourist town of Lamu, said that Kenyan anti-terrorism police had detained his client and six other people when they tried to travel north to Somalia in a speedboat.
They were suspected of attempting to train with the Al Qaeda-linked Islamist militant group Al Shabab in Somalia. They appeared in a court in Mombasa, south of Lamu.
Mr Makasembo said Kenyan police at the time asked the British High Commission in Nairobi for more information about Adebolajo, a 28-year-old British-born Muslim convert from a Christian Nigerian family.
He said the British diplomatic mission replied in a letter to the police that "gave a clean bill of health that Michael Adebolajo had no criminal record or any connection with any criminal or terrorist organisation in the world".
"Our own intelligence in Kenya were reluctant to release him, but it is the British High Commission which recommended that the suspect be released," Mr Makasembo said, adding he saw the letter at the time of the court appearance.
Adebolajo was deported back to Britain. The other six, all Kenyans, were also released without charge.
A spokesman for the Foreign and Commonwealth Office in London yesterday declined to comment on the lawyer's specific remarks.
"We can confirm that a British national was arrested in Kenya in 2010 and the FCO provided consular assistance as normal for British nationals," he said.
Police shot and wounded Rigby's attackers at the scene of the crime in London.
Sources close to the investigation have said the men were known to Britain's MI5 internal security service.
Adebolajo had handed out radical-Islamist pamphlets, but neither man was considered a serious threat, sources said.
That has intensified calls for Britain's spy agencies to explain what they knew about the suspects and whether they could have done more to prevent the killing.
Britain's ITV News reported that Adebalajo and his family had been approached by the security services MI5 and MI6, who tried to recruit him as an informant.
It quoted his brother in law, James Thompson, as saying Adebolajo changed dramatically after his detention in Kenya where he said he was tortured and felt abandoned by his government.
Mr Makasembo said Kenya was "not to blame" for the London killing.
"It is the British themselves who defended him from our law enforcers," he said. "Had he been charged here, the killing of the British soldier would never have occurred."
Police have arrested 10 people in connection with the murder.
The second man shot and arrested at the scene of the crime, Michael Adebowale, 22, appeared in handcuffs at a London court yesterday charged with Rigby's murder.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Cryopreservation: A timeline
  1. Keyhole surgery under general anaesthetic
  2. Ovarian tissue surgically removed
  3. Tissue processed in a high-tech facility
  4. Tissue re-implanted at a time of the patient’s choosing
  5. Full hormone production regained within 4-6 months

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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