The Israeli prime minister, Benjamin Netanyahu, defended the way his country handled the Prisoner X scandal at a weekly cabinet meeting on Sunday. Ronen Zvulun / Getty Images
The Israeli prime minister, Benjamin Netanyahu, defended the way his country handled the Prisoner X scandal at a weekly cabinet meeting on Sunday. Ronen Zvulun / Getty Images
The Israeli prime minister, Benjamin Netanyahu, defended the way his country handled the Prisoner X scandal at a weekly cabinet meeting on Sunday. Ronen Zvulun / Getty Images
The Israeli prime minister, Benjamin Netanyahu, defended the way his country handled the Prisoner X scandal at a weekly cabinet meeting on Sunday. Ronen Zvulun / Getty Images

Netanyahu defends Israel's handling of Prisoner X scandal


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RAMALLAH // Benjamin Netanyahu today defended Israel's security services and judicial system against criticism over secrecy imposed on the imprisonment and apparent suicide in jail two years ago of an alleged Mossad agent with dual Australian-Israeli citizenship.

In his first remarks on the Prisoner X scandal that grabbed international headlines last week, the Israeli prime minister touted his country's democratic credentials and insisted its security agencies "act under the full supervision of the legal authorities, which are completely independent".

"We are an exemplary democratic state and we protect the rights of the interrogated and individual rights no less than any other country," Mr Netanyahu said during his weekly cabinet meeting, warning that exposures of Israel's intelligence activities could "badly damage" its security.

Authorities have used court gag orders, military censorship and direct requests to news editors to silence local media after an Australia Broadcasting Corporation (ABC) expose last Tuesday identified Prisoner X as Ben Zygier, a 34-year-old Australian suspected of spying for Israel, who also used the names Ben Alon, Ben Allan and Banjamin Burrows. He reportedly hanged himself in a prison in the Israeli city of Ramla in December 2010 despite being under constant surveillance in an isolation cell.

The gag order prevented Israeli media from reporting on the ABC report of Zygier's death for 24 hours. On the day of the report, Mr Netanyahu called meetings with representatives of Israeli media outlets to urge them not to publish information on the issue. The Israeli leader warned them that doing so would "embarrass a government agency", Israel's Haaretz newspaper reported yesterday.

The mystery surrounding Zygier's demise has strained Israel's relations with Canberra. Bob Carr, Australia's foreign minister, yesterday said his government had asked Israel to cooperate in an internal investigation he announced on Wednesday.

"We have asked the Israeli government for a contribution to that report," Mr Carr told reporters. "We want to give them an opportunity to submit to us an explanation of how this tragic death came about."

Before his arrest in Israel in early 2010, Zygier may have been trying to expose Israel's use of Australian passports during espionage operation abroad, the Brisbane Times reported on Friday. It cited unnamed Australian security officials as learning about Zygier's arrest just after Dubai police revealed that Australian passports had been used by three suspects in the assassination of Mahmoud Al Mabhouh, a senior Hamas official, in the emirate in January 2010 that was suspected to have been carried out by Mossad agents.

Israel has neither confirmed nor denied involvement in Mabhouh's death.

Israeli press reported yesterday that the justice ministry was considering whether to allow publication of the inquest into Zygier's death that rendered a verdict of suicide.

According to the Maariv newspaper, parts of the report were likely to be published later this week after the attorney general, Yehuda Weinstein, decides which parts are to be redacted for security reasons, in conjunction with Mossad and the military censor.

Senior legal officials are also examining whether there should be any negligence charges levelled over Zygier's death in a ruling expected in the coming weeks, the paper said.

"It was a failure. We failed to protect his life," a senior official in the Israel Prisons Service told the paper.

He said the assumption was that Zygier had hanged himself with a shirt in the bathroom of his cell, the one area not monitored by security cameras.

* Additional reporting by the Associated Press, Bloomberg News and Agence France-Presse

 

 

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The%20specs
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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions

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.”

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

SERIES INFO

Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

Play starts at 9.30am

T20 series

1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March

TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube

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