The UK Home Office has launched an investigation into reports that dozens of child asylum-seekers have been kidnapped by gangs from a hotel run by the department, a minister has said.
The Home Office “doesn’t know of any cases of kidnap” and understood “nothing like that” has been reported to it, said Conservative frontbencher Lord Simon Murray of Blidworth.
But the Home Office minister confirmed the reports are “subject of an investigation”.
An investigation by The Observer quoted child protection sources and a whistleblower working for a Home Office contractor saying youngsters were abducted off the street outside the Brighton hotel and bundled into cars.
Lord Murray also confirmed that 200 unaccompanied asylum-seeking children remain missing after initially being accommodated in hotels since July 2021, adding 88 per cent, or 176, were Albanian nationals.
"We’re all horrified about what we’ve heard and read about these cases of children going missing, and I will use the term kidnapped, from some of these homes," Labour’s home affairs spokesman, Lord Vernon Coaker, said during an urgent question session.
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“Is it true that the Home Office was warned months ago about these problems? Is it true that the Home Office ignored those warnings and failed to act, because if it is it’s a failure of the state to act as a parent.
“And with Home Office sources denying these children have been kidnapped, can the minister at least confirm that the department accepts legal responsibility for their safety now, even if they didn’t in the past?”
“Certainly the department doesn’t know of any cases of kidnap," Lord Murray replied.
“The reports in the media over the weekend are, of course, the subject of investigation within the Home Office. But at the moment nothing like that has been reported to us, to my knowledge.”
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Earlier, Lord Murray told peers: “The Department for Education collects data annually on the number of all looked-after children in England, including those who are missing unaccompanied asylum-seeking children.
“We, the Home Office, have no power to detain unaccompanied asylum-seeking children in these hotels, and we do know that some of them go missing.
“Many of those who have gone missing are subsequently traced and located, as I’ve already said.
“The numbers are as follows: over 4,600 children have been accommodated in hotels since they were opened in July 2021.
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“Some 440 missing episodes — that’s the term, an episode, used as some children have gone missing and then been located and subsequently gone missing a second time or more often.
“All of those 440 have been male save for four, who have been female. Two hundred of the children remain missing and only one of these is female.
“Of the 200 that remain missing, 88 per cent are Albanian nationals And of the 200 missing, 13 are under the age of 16.”
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
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Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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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The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV