Iran executed a champion wrestler on Saturday for allegedly murdering a man during anti-government protests, despite international pleas for clemency, state TV reported.
"The retaliation sentence against Navid Afkari, the killer of Hassan Turkman, was carried out this morning in Adelabad prison in Shiraz," state TV quoted the chief justice of Fars province, Kazem Mousavi, as saying on Saturday.
Afkari's case was highlighted through a social media campaign that said he and his brothers were targeted for participating in protests against the government in 2018. Authorities accused Afkari of stabbing a water supply company employee in the southern city of Shiraz amid the unrest.
Iran broadcast the wrestler's televised confession last week. The segment resembled hundreds of other suspected coerced confessions aired over the past decade in Iran.
Afkari said he had been tortured into making a false confession, according to his family and activists, and his lawyer said there was no proof of his guilt.
Iran's judiciary denied the torture claims.
Afkari's two brothers were also convicted – Vahid Afkari was sentenced to 54 years and six months in prison and 74 lashes, while Habib Afkari was given a prison term of 27 years and three months and 74 lashes.
The case revived a demand inside the country for Iran to stop carrying out the death penalty. Even imprisoned Iranian human rights lawyer Nasrin Sotoudeh, herself nearly a month into a hunger strike over conditions at Tehran’s Evin prison during the coronavirus pandemic, passed word that she supported Afkari.
A global union representing 85,000 athletes called on Tuesday for Iran's expulsion from world sport if it executed Afkari.
US president Donald Trump sought to intercede for Afkari in a plea posted on Twitter.
“To the leaders of Iran, I would greatly appreciate if you would spare this young man’s life, and not execute him,” Mr Trump wrote last week. “Thank you!”
Iran responded to the tweet with a nearly 11-minute state TV report on Afkari. It included the weeping parents of the slain water company employee. The package included footage of Afkari on the back of a motorcycle saying he had stabbed the man in the back, without explaining why he carried out the assault.
The segment showed blurred police documents and described the killing as a personal dispute. It said Afkari's mobile phone had been in the area and it showed surveillance footage of him walking down a street, talking on his phone.
Iran's semi-official Tasnim news agency dismissed Mr Trump's tweet in a feature story, saying that American sanctions had hurt Iranian hospitals during the pandemic.
“Trump is worried about the life of a murderer while he puts many Iranian patients’ lives in danger by imposing severe sanctions,” the agency said.
MATCH INFO
Scotland 59 (Tries: Hastings (2), G Horne (3), Turner, Seymour, Barclay, Kinghorn, McInally; Cons: Hastings 8)
Russia 0
THE SPECS
Engine: 4.4-litre V8
Transmission: Automatic
Power: 530bhp
Torque: 750Nm
Price: Dh535,000
On sale: Now
The%20specs
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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.”
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
SHAITTAN
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
COMPANY%20PROFILE
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