Iraqi Prime Minister Mustafa Al Kadhimi spoke to protesters and security forces in the southern province of Dhi Qar on October 5, 2020. Reuters
Iraqi Prime Minister Mustafa Al Kadhimi spoke to protesters and security forces in the southern province of Dhi Qar on October 5, 2020. Reuters
Iraqi Prime Minister Mustafa Al Kadhimi spoke to protesters and security forces in the southern province of Dhi Qar on October 5, 2020. Reuters
Iraqi Prime Minister Mustafa Al Kadhimi spoke to protesters and security forces in the southern province of Dhi Qar on October 5, 2020. Reuters

Iraq has taken 'first steps' towards punishing killers of protesters, Kadhimi says


Mina Aldroubi
  • English
  • Arabic

Iraqi Prime Minister Mustafa Al Kadhimi said his Cabinet had taken the first steps towards prosecuting and punishing those involved in killing and attacking protesters and activists.

Anti-government protests against unemployment and poor public services began last October.

They turned violent as a heavy-handed approach by security forces led to the deaths of more than 500 people, with thousands injured.

“The first duty of any government is to defend the rights and dignity of its citizens,” Mr Al Kadhimi said on Saturday during a meeting with members of the Independent Human Rights Commission.

The protesters appeared to be independent of any political party and seemed to have taken the security forces by surprise.

Various human rights organisations called on the government to rein in the security forces and investigate the killings.

“The government has made an accurate account of those who were killed and injured, and it is now proceeding with legal matters,” Mr Al Kadhimi said.

He showed real support for the rights commission in bringing the perpetrators to justice, Ali Al Bayati, a member of the body, told The National.

“We had different meetings with many other ministers and from the first impression, some of them were not aware about the mandate of the commission,” Mr Al Bayati said.

The commission was established to monitor the government’s actions in bringing justice to the public for human rights breaches, he said.

“If they don’t understand the mandate then I cannot do my job," Mr Al Bayati said.

The meeting with Mr Al Kadhimi focused on the breaches committed during the protests.

“We focused on co-operation to investigate all violations and to take real steps to stop it from occurring again," Mr Al Bayati said.

"The prime minister welcomed that and mentioned that the government is ready to provide help and support."

Transparency and real accountability are needed to achieve solid results, he said.

This month, activist Reham Yacoub was shot dead in the southern Iraqi city of Basra. It was the third attack and second killing in a week.

Yacoub was a doctor who led anti-government protests in the city.

Her death and that of fellow activist, Tahseen Oussama, days earlier, started a new wave of anti-government protests that demanded authorities to find those responsible.

After the killings, Mr Al Kadhimi sacked the heads of Basra police and national security, and opened an investigation into the violence.

Basra, which produces a massive share of Iraq's oil, has been rocked by large-scale anti-government protests since October.

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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

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Rating: 4/5

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Avatar: Fire and Ash

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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.”

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