An internally displaced Yazidi who fled from an Iraqi town after advances by ISIL militants takes shelter at a school in Dahuk, 420 kilometres north-west of Baghdad. Hadi Mizban / AP Photo
An internally displaced Yazidi who fled from an Iraqi town after advances by ISIL militants takes shelter at a school in Dahuk, 420 kilometres north-west of Baghdad. Hadi Mizban / AP Photo

Yazidis tell of ISIl abduction ordeal



MAQLUBA, Iraq // The young Yazidi girl rocked apprehensively as she described the ordeal that took her from her family, snatched from her home by militants in Iraq, then sold as a slave in Syria before finally escaping to Turkey.

The 15-year-old is now with what is left of her family — two of her brothers and some more distant relatives — living in a makeshift roadside shelter in this tiny village in northern Iraq, along with other families shattered by the ISIL onslaught.

Her two sisters remain in the militants’ hands, and her father, other brothers and other male relatives have vanished, their fates unknown.

The girl was among hundreds of women and girls from the Yazidi religious minority captured by Islamic State fighters in early August when the militants overran her hometown of Sinjar in northwestern Iraq. Hundreds were killed in the attack, and tens of thousands fled for their lives, most to the Kurdish-held parts of northern Iraq.

Iraq’s human rights ministry said at the time that hundreds of women were abducted by the militants, who consider the Yazidis a heretical sect.

They each independently painted a similar picture of how the militants scattered them around the broad swath of territory controlled by ISIL in Syria and Iraq and sold the girls to the group’s foreign fighters or other supporters for “marriage”.

For weeks after being snatched from Sinjar, the 15-year-old girl and two of her sisters were shifted from one place to another, she said.

First, she said, she and other girls were taken to the nearby town of Tal Afar, where she was kept in the Badosh Prison. When US airstrikes began around the town, the militants took her and many other girls with them to ISIL’s biggest stronghold, Mosul, in northern Iraq.

From the city of Mosul, she and her sisters were taken to the militants’ de facto capital, the Syrian city of Raqqa. There they were held in a house with other abducted girls.

“They took girls to Syria to sell them,” she said, her body shyly hunched over as she spoke. “I was sold in Syria. I stayed about five days with my two sisters, then one of my sisters was sold and taken [back] to Mosul, and I remained in Syria.”

In Raqqa, she said, she was first married off to a Palestinian man. She claims she shot him, saying the Palestinian’s Iraqi housekeeper who was in a dispute with the man helped her by giving her a gun. She fled, but she had nowhere to run. So she went to the only place she knew, she said — the house where she was first held with the other girls in Raqqa.

There, the militants did not recognise her and sold her off again — for $1,000 to a Saudi fighter, she said. The Saudi militant took her to a house where he lived with other fighters.

“He told me, ‘I’m going to change your name to Abeer, so your mother doesn’t recognise you’,” she said. “You’ll become Muslim, then I will marry you. But I refused to become a Muslim and that’s why I fled.”

She said she saw the fighters taking a powdered drug. So she poured it into tea she served to the Saudi and the other men, causing them to fall asleep. Then she fled the house.

She found a man who would drive her to Turkey to meet her brother. Her brother then borrowed $2,000 from friends to pay a smuggler to get them both back to Iraq. They ended up in Maqluba, a tiny roadside hamlet just outside the Kurdish city of Dahuk, where several other Yazidi families were staying.

The other women described difficult conditions, where the militant fighters would deprive them of enough food, water or even a place to sit. They all reported having seen dozens of other Yazidi women and children as young as five years old in captivity, and they all said that they had relatives who were still missing.

Amsha Ali, a 19-year-old, said she was taken from Sinjar to Mosul. Ali was around six months pregnant at the time. The last she saw of her husband and other men in her family as she was being dragged off was the scene of the militants forcing them to lie on the ground, apparently to shoot them. Ms Ali agreed to be identified, saying she wanted the ordeals of the women to be known.

In Mosul, she said, she and other women were taken to a house full of ISIL fighters to be married off. “Each of them took one of us for themselves,” she said. She too was given to a fighter. She said she was never raped by the man – likely because of her pregnancy, she said – but she witnessed other girls being raped.

After several weeks, she was able to slip out of a bathroom window at night and escape. A Mosul resident who found her in the streets helped her get out of the city to nearby Kurdish territory on August 28, she said. She said she tried to convince other women to flee with her, but they were too afraid. “Because they were so terrified, they are left there and now I know nothing about them,” she said.

Now Ms Ali is with her father and a surviving sister living in an unfinished building in the town of Sharia, where some 5,000 Yazidi refugees live, also near Dahuk.

“The killing was not the hardest thing for me,” she said of seeing fellow Yazidis slain in the assault on Sinjar. “Even though they forced my husband, brother-in-law and father-in-law on the ground to be murdered – it was painful – but marrying [the militant] was the worst. It was hardest thing for me.”

* Associated Press

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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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