The Liberian national flag on a booth in Monrovia. EPA
The Liberian national flag on a booth in Monrovia. EPA
The Liberian national flag on a booth in Monrovia. EPA
The Liberian national flag on a booth in Monrovia. EPA

UK police arrest man over alleged Liberian war crimes


Nicky Harley
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British police have arrested a man on suspicion of war crimes relating to conflicts in Liberia between 1989 and 2003.

Police said detectives had detained the unnamed 45-year-old man on Thursday in southeast London over alleged offences contrary to the International Criminal Court Act, and he was now in custody.

He has been arrested a man on suspicion of war crimes relating to conflicts in Liberia between 1989 and 2003.

A Metropolitan Police spokesman said: "Officers from the Met Police War Crimes Team have arrested a man on suspicion of war crimes, contrary to section 51 of the International Criminal Court Act 2001.

"Detectives arrested the 45-year-old man in South East London at approximately 7.20am this morning. He has been taken into custody at a central London police station.

"The arrest follows an allegation of offences relating to the first and second Liberian Civil Wars, between 1989 and 2003.

"Officers are currently searching an address in South East London. Enquiries are ongoing."

Former Liberian President Charles Taylor waits for the start of his sentencing in Leidschendam, near The Hague, Netherlands today.
Former Liberian President Charles Taylor waits for the start of his sentencing in Leidschendam, near The Hague, Netherlands today.

From 1989 to 2003, up to a quarter of a million people in Liberia were killed in a civil war, while thousands more were mutilated and raped.

Former Liberian president Charles Taylor is serving 50 years in a British prison after being found guilty by an international tribunal of crimes against humanity.

His ex-wife Agnes Reeves Taylor was charged by British police with torture in 2017 but the case against her was dismissed two years later after a judge said there was a lack of evidence of governmental control at the time of the alleged crimes.

She was alleged to have committed crimes of torture while working with the National Patriotic Front of Liberia (NPFL), led by her former husband during his bid to unseat then-president Samuel K Doe.

Human Rights Watch has previously praised the UK for its efforts to bring perpetrators to justice.

“The actions taken by the United Kingdom to address crimes committed during Liberia’s brutal civil war will no doubt be welcomed by victims in Liberia,” Elise Keppler, associate director of the international justice program at Human Rights Watch, has previously said.

“The NPFL committed horrific abuses against civilians."

The UK has only previously adjudicated a handful of cases under such laws.

The first was the case of Anthony Sawoniuk, convicted for Nazi-related crimes under the War Crimes Act of 1991, which is specific to crimes committed during the Second World War.

The second was the conviction of Faryadi Zardad, an Afghan warlord charged with torture.

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A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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Wu-Tang Clan

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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.”

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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