British-Iranian aid worker Nazanin Zaghari-Ratcliffe will not be reunited with her family in Britain despite her five-year jail term in Iran ending on Sunday.
Her electronic tag was removed but she was told she must return to court next Sunday, ending slim hopes of her leaving for the UK.
Her member of Parliament in London, Tulip Siddiq, said her worst fear was that Ms Zaghari-Ratcliffe could face another five-year sentence.
British Foreign Secretary Dominic Raab said that the UK government told Tehran she should be released immediately.
“We welcome the removal of Nazanin Zaghari-Ratcliffe’s ankle tag, but Iran continues to put her and her family through a cruel and an intolerable ordeal," Mr Raab said.
“She must be released permanently so she can return to her family in the UK. We will continue to do all we can to achieve this.
“We have relayed to the Iranian authorities in the strongest possible terms that her continued confinement is unacceptable.”
British Prime Minister Boris Johnson said on Twitter: "Pleased to see the removal of Nazanin Zaghari-Ratcliffe’s ankle tag but her continued confinement remains totally unacceptable.
"She must be released permanently so she can return to her family in the UK and we continue to do all we can to achieve this."
Ms Zaghari-Ratcliffe, 43, left Evin jail nearly a year ago as part of a programme to temporarily release thousands of prisoners to deal with the threat of the coronavirus spreading.
She was confined to her parents' home in Tehran and monitored through the electronic tag and regular checks by Iranian officials.
Ms Siddiq, MP for Hampstead and Kilburn where the Ratcliffe family live, said the future remained uncertain.
She said there was no way to predict whether the hearing was to make way for a return or to impose more criminal charges.
"My worst fear is there's another case against her and then we're looking at another five years possibly," Ms Siddiq told radio station LBC.
The aid worker's husband, Richard Ratcliffe, said his wife remained an unwilling participant in a game of high-stakes international diplomacy.
"She is having a nice afternoon, has turned her phone off and is not thinking about the rest of it," Mr Ratcliffe said.
"I'm a bit more guarded. It feels to me like they have made one blockage just as they have removed another, and we very clearly remain in the middle of this government game of chess."
The threat of a new criminal case has been hanging over Ms Zaghari-Ratcliffe since she was summoned back to court last year and warned that she faced further charges.
Her family fears that she could become the subject of new, trumped-up charges to keep her in Iran in a continuing diplomatic dispute between London and Tehran.
Her lawyer, Hojjat Kermani, earlier on Sunday told Iranian website Emtedad that her five-year sentence for plotting to overthrow the clerical establishment was over.
"She was pardoned by Iran's supreme leader but spent the last year of her term under house arrest with electronic shackles tied to her feet. Now they're cast off," Mr Kermani said.
Ms Zaghari-Ratcliffe was stopped at Tehran’s international airport as she was returning to London after visiting her parents with her daughter in April 2016.
Her trial was held in secret and the case against her has never been made public.
Her family campaigned vocally for years to get her out of Evin prison before her March 7 release date.
But in the days before her sentence was due to end, Mr Ratcliffe said he was concerned that Iran would stop her from leaving. Her passport has not been returned.
The tactic was used to prevent US-Iranian former prisoner Baquer Namazi from leaving Iran since his 10-year sentence was commuted nearly a year ago.
The former UN official is in poor health and his son Siamak remains in Iranian jail serving 10 years for espionage.
Ms Zaghari-Ratcliffe's family believe her fate is tied to a decades-old debt over an armaments deal that was cancelled after the 1979 revolution.
The UK failed to deliver tanks but kept the money and the issue is still grinding its way through the courts in London.
Ms Zaghari-Ratcliffe was first made aware of a second case against her in 2017, in which she is accused of “spreading propaganda against the regime”.
Redress, a legal group that represents the family, said the "ongoing cruelty" of the regime breached the UN Convention against Torture.
"Despite having finished her sentence, Nazanin is now being threatened with further charges and more years separated from her husband and daughter," director Rupert Skilbeck said.
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Our Time Has Come
Alyssa Ayres, Oxford University Press
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Trippier bio
Date of birth September 19, 1990
Place of birth Bury, United Kingdom
Age 26
Height 1.74 metres
Nationality England
Position Right-back
Foot Right
If you go
The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.
The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.
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.”
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
Brief scores:
Day 1
Toss: India, chose to bat
India (1st innings): 215-2 (89 ov)
Agarwal 76, Pujara 68 not out; Cummins 2-40
New Zealand 21 British & Irish Lions 24
New Zealand
Penalties: Barrett (7)
British & Irish Lions
Tries: Faletau, Murray
Penalties: Farrell (4)
Conversions: Farrell
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