Ana Diamond a few weeks after her release on bail, the first time she had been allowed access to professional medical services. Photo: Ana Diamond
Ana Diamond a few weeks after her release on bail, the first time she had been allowed access to professional medical services. Photo: Ana Diamond
Ana Diamond a few weeks after her release on bail, the first time she had been allowed access to professional medical services. Photo: Ana Diamond
Ana Diamond a few weeks after her release on bail, the first time she had been allowed access to professional medical services. Photo: Ana Diamond

Former Evin prisoner Ana Diamond: Iran 'laughing in our faces' over hostage deal


Thomas Harding
  • English
  • Arabic

A former Iran prisoner has condemned the deal in which American and British citizens were released, stating that Tehran was “laughing in our faces”.

Ana Diamond, who was detained for four years in Iran and sentenced to death on trumped-up charges, told The National she was “infuriated” by the alleged $6 billion payment, arguing that the Tehran regime’s policy of "unjustly detaining" dual citizens had become a “lucrative business model” for the Islamic Revolutionary Guards Corps.

Her assessment was made after the release of four prisoners on Friday that included Morad Tahbaz, a businessman with British, American and Iranian passports, alongside three other men and a woman.

Reports from Washington suggested the deal involved South Korea agreeing to release $6 billion of Iranian funds held in oil receipts.

While the prisoners remain under house arrest in Iran, it appears they will be allowed to leave only once the money is paid.

“I used to be elated for the release of fellow hostages but now I only feel infuriated,” said Ms Diamond, who served a stint at the grim Evin prison.

“These people should have never had their lives tied to a price tag and our governments should have by now found a way to put an end to it. The Iranian Revolutionary Guards are laughing in our faces.”

She said Iran's "hostage diplomacy...really all boils down to profit” and the past decade had seen it “transform into a lucrative business model”.

Ms Diamond, a graduate researcher at the University of Oxford, was arrested aged 19 in 2014 after prosecutors – including Iran’s current president – accused her of spying for MI6, the CIA and Mossad.

She had argued that her arrest, interrogation and trial were all a bargaining mechanism, part of Iran’s approach to hostage diplomacy, to exert leverage on the British government to pay the £400 million ($505 million) it owed Tehran for a 1970s tank deal.

That money was finally paid for the release of Nazanin Zaghari-Radcliffe last year in a similar deal to the one struck last week.

Ana Diamond has called the Iran hostage payments 'infuriating' and a 'lucrative' business model for the Tehran regime. Photo: Ana Diamond
Ana Diamond has called the Iran hostage payments 'infuriating' and a 'lucrative' business model for the Tehran regime. Photo: Ana Diamond

While Ms Diamond admitted it was “always so good to see an unjustly detained person released”, this played into Iran’s method of forcing foreign audiences to put pressure on their governments to give in to their demands.

“It is no longer about diplomacy but about profiting from the democratic and conscientious mechanisms of our governments that are ready to negotiate, even with a serial hostage-taking state, to get their citizens back.”

Former captive Kylie Moore-Gilbert also warned the release would provide an incentive for Iran to take more hostages.

Dr Moore-Gilbert, an Australian-British academic, was held in Evin prison on trumped-up espionage charges and sentenced to 10 years.

“In my view, the transfer of Iran's frozen assets in South Korea does amount to the payment of ransom,” she told The National.

Ms Diamond said she supported the campaign to release Mr Tahbaz and another hostage Emad Shargi.

Roxanne Tahbaz, daughter of Morad Tahbaz, and Sacha Deshmukh, of Amnesty, campaign outside the Foreign Office in London. Getty Images
Roxanne Tahbaz, daughter of Morad Tahbaz, and Sacha Deshmukh, of Amnesty, campaign outside the Foreign Office in London. Getty Images

“I have witnessed how their daughters have gone on national and international television to beg for the safe release of their fathers,” she said.

“But I am entitled to feel angry and ask 'why is this still allowed to happen? How many more families will have to endure such pain and disappointment?'

Evin prison in Tehran. Reuters
Evin prison in Tehran. Reuters

“Some of these individuals – Siamak Namazi, for example – has spent over half a decade in Evin prison. I am not going to call it a success story when he spent so many thousands of days tortured and degraded, away from his family and his freedom. He should have never been put in that position in the first place – none of them should.”

Ms Diamond is now part of a British parliamentary investigation into state hostage-taking by Iran and has given evidence before the Foreign Affairs Committee.

The White House has said Iran will only be able to use the $6 billion for “humanitarian purposes”, such as food and medicine.

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Brief scores:

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Koscielny 11'

Man of the match: Sergio Aguero (Manchester City)

The years Ramadan fell in May

1987

1954

1921

1888

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Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

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By Mario Levrero  

(Coffee House Press)
 

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MATCH INFO

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Second leg: May 1, Santiago Bernabeu, Madrid

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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.”

THE%20SWIMMERS
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Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

THE DETAILS

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Rating: 2/5

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

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UAE rugby season

FIXTURES

West Asia Premiership

Dubai Hurricanes v Dubai Knights Eagles

Dubai Tigers v Bahrain

Jebel Ali Dragons v Abu Dhabi Harlequins

UAE Division 1

Dubai Sharks v Dubai Hurricanes II

Al Ain Amblers v Dubai Knights Eagles II

Dubai Tigers II v Abu Dhabi Saracens

Jebel Ali Dragons II v Abu Dhabi Harlequins II

Sharjah Wanderers v Dubai Exiles II

 

LAST SEASON

West Asia Premiership

Winners – Bahrain

Runners-up – Dubai Exiles

UAE Premiership

Winners – Abu Dhabi Harlequins

Runners-up – Jebel Ali Dragons

Dubai Rugby Sevens

Winners – Dubai Hurricanes

Runners-up – Abu Dhabi Harlequins

UAE Conference

Winners – Dubai Tigers

Runners-up – Al Ain Amblers

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Bio

Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind. 
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.

Updated: August 14, 2023, 4:33 PM