The Manchester Arena attack, in which 22 people were killed, was underpinned by authorities’ failure to assess and address the threat posed by terrorists returning to Britain from Libya, an inquiry has found.
And the chief of MI5 made an unprecedented public apology as he acknowledged the security service did not seize the “slim” chance it had of thwarting the Manchester Arena terror attack.
Suicide bomber Salman Abedi, 22, and his brother Hashem, 25 — who was sentenced to life in jail for his role in plotting the 2017 attack — had visited Libya during the civil war there in 2011 and were probably involved in the fighting, inquiry chairman Sir John Saunders said.
The brothers were radicalised in Libya and had probably received training or assistance in building the bomb used in the attack, the inquiry report said.
MI5 pledges improvements
"Having examined all the evidence, the chair of the inquiry has found that 'there was a realistic possibility that actionable intelligence could have been obtained, which might have led to actions preventing the attack'," MI5 director general Ken McCallum said.
"I deeply regret that such intelligence was not obtained.
"To all those whose lives were forever changed on that awful night, I am so sorry that MI5 did not prevent the attack at the Manchester Arena."
Despite a regional assessment conducted by the Joint Terrorism Analysis Centre in 2010 accurately predicting the potential danger posed by young Libyan-linked people who may have been influenced by extremist groups such as the Libyan Islamic Fighting Group, a focus was instead placed on those returning from Syria, which meant that the risk from Libya was played down, the report said.
Speaking to bereaved families gathered at Manchester Hall, Sir John said: "I have concluded that there were a number of contributory factors to Salman Abedi's radicalisation.
"His family background and his parents' extremist views, along with their participation in the struggle in Libya, played a significant part.
"During the time Salman Abedi and Hashem Abedi spent in Libya, during which they were probably involved in fighting, they are likely to have come into contact with a number of violent extremists.”
Security services and counter-terrorism police should have learnt from the situation in Libya and taken precautions in relation to the threat to UK national security from people returning from all conflict zones, Sir John said.
While it is acknowledged that investigating every person returning from Libya would have been impractical, the threshold selected by British intelligence agencies was insufficiently nuanced, the report suggested, and there should have been particular indicators that would have caused some people returning from Libya to be treated with concern.
Mr McCallum added: "Gathering covert intelligence is difficult — but had we managed to seize the slim chance we had, those impacted might not have experienced such appalling loss and trauma. I am profoundly sorry that MI5 did not prevent the attack.
"The people of MI5 and our policing partners come to work every day to stop terrorism. We continually work to improve the counter-terrorism system; since the terrible events of 2017, we have made more than 100 improvements. But we are determined to do more.
"Where there are opportunities to strengthen the UK's defences further, MI5 will act. We will continue to do everything in our power to keep our country safe from hidden threats. MI5 exists to stop atrocities."
Abedi was recorded as a subject of interest in 2014 and investigated by MI5 but later deemed “low risk”.
He was identified on six occasions as a contact of suspected extremists between 2013 and 2017.
The security service investigates about 3,000 active subjects when it believes someone may pose a threat, and has about 600 live investigations at any one time. Significant numbers of SOIs are overseas.
They are ranked by priority and resources will be dedicated to them depending on the level of threat they are judged to pose.
When they are no longer deemed to pose a threat, they are downgraded and marked as a “closed” subject, joining a list of around 40,000 people who have at some point featured in probes.
Mr McCallum did not take questions on the findings but in his recorded statement said that since the attack MI5 has made “more than 100 improvements” as it “continually” works to better efforts to fight terrorism.
Neither MI5 nor the Home Office would say whether anyone at the security service had faced disciplinary action.
MI5 and the police disrupted at least 37 late-stage terror attack plots since the start of 2017.
“I am committed to working with MI5, policing and partners to study the recommendations. Together we will do everything possible to prevent a repeat of this horrifying attack," Home Secretary Suella Braverman said.
Security Minister Tom Tugendhat said he shared the “sorrow” expressed by MI5, adding: “I know that all of us are working to make sure that the improvements that need to be made are made.”
Who is Salman Abedi?
Salman Abedi, a British man of Libyan descent, was born in Manchester in 1994, and grew up in a family with strong ties to Libya.
Abedi had visited during the Libyan civil war and was believed to have received training or help in building a bomb while he was there.
Their father, Ramadan Abedi, had made clear his support for suicide attacks in the Libya conflict on Facebook.
Salman and Hashem were rescued by the Royal Navy from Libya in 2014.
Before the suicide bombing, Salman Abedi was known to security services but was not considered an imminent threat. He died in the explosion at the arena.
KEY HIGHLIGHTS
Healthcare spending to double to $2.2 trillion rupees
Launched a 641billion-rupee federal health scheme
Allotted 200 billion rupees for the recapitalisation of state-run banks
Around 1.75 trillion rupees allotted for privatisation and stake sales in state-owned assets
ESSENTIALS
The flights
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Where to stay
Trips on the Golden Eagle Trans-Siberian cost from US$16,995 (Dh62,414) per person, based on two sharing.
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MATCH INFO
Manchester United v Brighton, Sunday, 6pm UAE
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Abu Dhabi racecard
5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m
Schedule:
Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore
The biog
Name: Samar Frost
Born: Abu Dhabi
Hobbies: Singing, music and socialising with friends
Favourite singer: Adele
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
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.”
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
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The biog
Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
The specs
Engine: 3-litre twin-turbo V6
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Torque: 475Nm
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