KUALA LUMPUR // Two women accused of assassinating the half-brother of North Korea’s leader risk being subjected to a “trial by ambush”, a defence lawyer said on Thursday, accusing the police of failing to share key evidence.
Indonesian Siti Aisyah, 25, and Doan Thi Huong, 28, from Vietnam, were taken in bulletproof vests to a heavily guarded magistrate’s court for a hearing ahead of a murder trial that could see them hanged.
Police accuse the pair of wiping the banned nerve agent VX on Kim Jong-nam’s face at Kuala Lumpur International Airport on February 13 as he was about to board a flight to Macau, where he was living in exile. They say they were tricked into thinking they were playing a harmless prank for a hidden-camera show.
Rival South Korea accuses the North of masterminding the killing of Kim, the estranged half-brother of North Korean leader Kim Jong-un.
Pyongyang denies the accusation, insisting he died of a heart attack.
Ms Siti’s lawyer told the court they had not been provided with a report from the police and prosecution on statements taken from three North Koreans who were allowed to leave Malaysia under a deal that defused a diplomatic crisis between the two nations.
“The duty of the investigation officer is not to merely bolster up the case for the prosecution so as to secure a conviction but to establish the unvarnished truth of the case so that the justice may prevail,” Gooi Soon Seng said.
Mr Gooi also sought the court’s intervention in making any CCTV footage in relation to the murder available to the defence to ensure both sides have equal access to evidence. He said he fears the women will become scapegoats because all the other people believed to have knowledge of the case have left the country.
“There shall be no trial by ambush,” he added.
The judge has postponed the hearing until May 30.
Ms Doan’s lawyer asked the court to alter the murder charge since prosecutors have not identified four people mentioned in charge documents as accomplices to the women, but the judge did not entertain the request.
The four North Koreans who flew out of Malaysia the day of the murder are believed to be back in Pyongyang. And another three who stayed inside their country’s embassy in Kuala Lumpur to avoid questioning by police were allowed to fly home late last month after Malaysia struck a surprise deal with Pyongyang to ease tensions.
About 100 police officers, include commandos in balaclavas and carrying assault rifles, guarded the court compound during the women’s appearance.
Dressed in a red top and blue jeans, Ms Siti kept her head down throughout the hearing. Ms Doang, also casually dressed, quietly observed the court proceedings.
The case is due to be transferred to an upper court where the women will be tried for murder. If convicted, they could face the death penalty, which is carried out by hanging in Malaysia.
* Agence France-Presse and Associated Press
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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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Wonka
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Our Time Has Come
Alyssa Ayres, Oxford University Press
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How they line up for Sunday's Australian Grand Prix
1 Lewis Hamilton, Mercedes
2 Kimi Raikkonen, Ferrari
3 Sebastian Vettel, Ferrari
4 Max Verstappen, Red Bull
5 Kevin Magnussen, Haas
6 Romain Grosjean, Haas
7 Nico Hulkenberg, Renault
*8 Daniel Ricciardo, Red Bull
9 Carlos Sainz, Renault
10 Valtteri Bottas, Mercedes
11 Fernando Alonso, McLaren
12 Stoffel Vandoorne, McLaren
13 Sergio Perez, Force India
14 Lance Stroll, Williams
15 Esteban Ocon, Force India
16 Brendon Hartley, Toro Rosso
17 Marcus Ericsson, Sauber
18 Charles Leclerc, Sauber
19 Sergey Sirotkin, Williams
20 Pierre Gasly, Toro Rosso
* Daniel Ricciardo qualified fifth but had a three-place grid penalty for speeding in red flag conditions during practice
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The specs
Price: From Dh180,000 (estimate)
Engine: 2.0-litre turbocharged and supercharged in-line four-cylinder
Transmission: Eight-speed automatic
Power: 320hp @ 5,700rpm
Torque: 400Nm @ 2,200rpm
Fuel economy, combined: 9.7L / 100km