A key figure in the crackdown on Lebanon’s protest movement said he killed two people during the civil war, in rare admission of direct violence during Lebanon’s bloodiest conflict.
Mohammed Fahmi told Hezbollah’s Al Manar television on Saturday that he was a junior Lebanese army officer when he killed the two in 1981.
“I apologise to the folks, to the audience. There was an incident and I killed two,” the staunchly pro-Hezbollah minister said.
Mr Fahmi, a Sunni, did not reveal whether the killings were part of an army operation or whether he carried them out on his own, amid the fragmentation of the military during that period.
He said the two belonged to a “powerful group”, and that an incident occurred, without giving any further details.
But Mr Fahmi said President Michel Aoun, a senior officer at the time, protected him and that a “sentimental” relationship had since developed between them.
“It happens that I am loyal. As long as I have a breath in me neither I nor my family will forget what he did,” he said.
“He protected me from getting killed.”
The civil war, which by its later stages had descended into a war of all-against-all, ended in 1990, a year after the Saudi and US-backed Taif Agreement awarded Damascus sway over Lebanon.
Mr Fahmi became head of Lebanese army intelligence, part of the enforcement tools for the Syrian regime in the country, which included Hezbollah.
He held the position from the late 1990s until he left the military in 2006, joining Blom, Lebanon’s largest bank, as head of its security.
In January he became a member of Prime Minister Hassan Diab’s Cabinet in the most pro-Hezbollah government since the end of the civil war.
Peaceful demonstrations demanding the removal of the entire political class had forced previous prime minister Saad Hariri to resign.
A UN tribunal in the Netherlands is trying five suspects from Hezbollah, one of whom is dead, for the 2005 killing of Mr Hariri’s father, statesman Rafik Hariri, and 21 others in Beirut.
Lebanon’s uprising broke out in October last year as a financial meltdown began in the country.
The protest movement has been retreating under a crackdown by the authorities supported by Hezbollah.
In March, Interior Ministry troops dismantled the protesters’ last venue in downtown Beirut.
Mr Fahmi brought up the civil war to describe the revival of demonstrations this month.
“There is an obvious outside plan to destroy Lebanon," he said.
“The objective is to create chaos and a civil war in Lebanon” and to “lure Hezbollah to chaos”, Mr Fahmi said.
He said that security forces would not use violence against peaceful demonstrators.
The dynamics of the protests changed after pro-Hezbollah elements forced themselves into the protest venues in Beirut and other urban centres, contributing to some of the demonstrations turning violent.
On June 6, Shiite demonstrators descended on protests in downtown Beirut and exchanged sectarian insults with Sunni demonstrators.
Ten days later the Shiite component moderated its tone but focused on demanding the removal of Central Bank governor Riad Salameh.
Mr Salameh has become unpopular with Hezbollah for enforcing US sanctions against banks associated with the Iran-backed group.
The Lebanese Parliament passed an amnesty in 1991 for civil war crimes. Only one major figure was tried and jailed, at the Syrian regime’s insistence.
He was Samir Geagea, an outspoken opponent of Hezbollah, the only militia allowed to keep its arms after the conflict.
As Mr Fahmi was recounting the killing of the two people, the Al Manar television presenter was smiling nervously.
Hezbollah, whose members have been implicated in high-profile killings in Lebanon and abroad, is usually as nonchalant, but not as forthright, about its record.
The biog
Age: 59
From: Giza Governorate, Egypt
Family: A daughter, two sons and wife
Favourite tree: Ghaf
Runner up favourite tree: Frankincense
Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”
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COMPANY%20PROFILE
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if you go
The flights
Flydubai offers three daily direct flights to Sarajevo and, from June, a daily flight from Thessaloniki from Dubai. A return flight costs from Dhs1,905 including taxes.
The trip
The Travel Scientists are the organisers of the Balkan Ride and several other rallies around the world. The 2018 running of this particular adventure will take place from August 3-11, once again starting in Sarajevo and ending a week later in Thessaloniki. If you’re driving your own vehicle, then entry start from €880 (Dhs 3,900) per person including all accommodation along the route. Contact the Travel Scientists if you wish to hire one of their vehicles.
Company%20profile
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Company%20profile
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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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.”
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
Results:
6.30pm: Maiden Dh 165,000 1,400m.
Winner: Walking Thunder, Connor Beasley (jockey), Ahmad bin Harmash (trainer).
7.05pm: Handicap (rated 72-87) Dh 165,000 1,600m.
Winner: Syncopation, George Buckell, Doug Watson.
7.40pm: Maiden Dh 165,000 1,400m.
Winner: Big Brown Bear, Pat Dobbs, Doug Watson.
8.15pm: Handicap (75-95) Dh 190,000 1,200m.
Winner: Stunned, Pat Dobbs, Doug Watson.
8.50pm: Handicap (85-105) Dh 210,000 2,000m.
Winner: New Trails, Connor Beasley, Ahmad bin Harmash.
9.25pm: Handicap (75-95) Dh 190,000 1,600m.
Winner: Pillar Of Society, Pat Dobbs, Doug Watson.
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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