• Brooklyn Deese, left, hugs Alexa Keith outside Allen Premium Outlets in Texas, where a mass shooting happened on May 6. AFP
    Brooklyn Deese, left, hugs Alexa Keith outside Allen Premium Outlets in Texas, where a mass shooting happened on May 6. AFP
  • Sam Morin, 17, right, and Briason Foley, 15, hold protest signs at a prayer vigil after the shooting. AP
    Sam Morin, 17, right, and Briason Foley, 15, hold protest signs at a prayer vigil after the shooting. AP
  • People call for action during a vigil at the Cottonwood Creek Baptist Church in Allen. AFP
    People call for action during a vigil at the Cottonwood Creek Baptist Church in Allen. AFP
  • Sara Tabatabaie wipes away a tear at a memorial outside the mall. AP
    Sara Tabatabaie wipes away a tear at a memorial outside the mall. AP
  • Nine crosses placed at the entrance to the mall to remember those who died. EPA
    Nine crosses placed at the entrance to the mall to remember those who died. EPA
  • A girl runs as other shoppers leave with their hands up during the shooting. Reuters
    A girl runs as other shoppers leave with their hands up during the shooting. Reuters
  • Police and ambulance crews at the scene. AFP
    Police and ambulance crews at the scene. AFP
  • People are evacuated from the mall. AP
    People are evacuated from the mall. AP
  • Police officers use drones at the scene of the shooting, in which eight people were killed. AFP
    Police officers use drones at the scene of the shooting, in which eight people were killed. AFP
  • Allen is a town about 40km north of central Dallas. AFP
    Allen is a town about 40km north of central Dallas. AFP
  • People exit the mall after being locked in at the True Religion store for 90 minutes during the shooting. AFP
    People exit the mall after being locked in at the True Religion store for 90 minutes during the shooting. AFP
  • Allen Fire Marshall Jonathan Boyd (L) and Police Chief Brian Harvey speak to the press at the scene. AFP
    Allen Fire Marshall Jonathan Boyd (L) and Police Chief Brian Harvey speak to the press at the scene. AFP

Texas mall shooting: Indian engineer among victims


  • English
  • Arabic

The people killed by a gunman at a mall near Dallas at the weekend include a young engineer from India, two primary school-age sisters, a couple and their three-year-old son, and a security guard.

The victims represent a multicultural cross-section of the metropolitan area's increasingly diverse suburbs.

Aishwarya Thatikonda, 26, held a graduate degree in construction management and worked as a civil engineer at the Dallas-area firm Perfect General Contractors.

She was “always prepared to give her very best”, company founder Srinivas Chaluvadi told the Associated Press.

He said Ms Thatikonda's parents live in Hyderabad, southern India, where her father is a judge.

“She came to the United States with a dream to make a career, build a family, own a home and live forever in Dallas,” Mr Chaluvadi said.

Mr Chaluvadi said Ms Thatikonda would have turned 27 next week and she had become like a family member to him.

“She attended birthday parties at my home, we celebrated festivals together and we had family dinners,” he said.

Cox Elementary School pupils Daniela and Sofia Mendoza, who were in grades four and two, were also among those killed on Saturday at Allen Premium Outlets, officials at Wylie Independent School District said.

They were remembered as “the kindest, most thoughtful students with smiles that could light up any room”, head teacher Krista Wilson said in a letter to parents.

Also killed at the outdoor shopping centre were three members of a Korean American family: a couple and their three-year-old son.

Another son was wounded and was still in hospital, said Kim Myoung-Joon, head of mission at the South Korean consulate in Dallas.

The parents were identified by the Texas Department of Public Safety as Kyu Song Cho, 37, and Cindy Cho, 35.

Andria Gaither, assistant manager at the mall's Tommy Hilfiger store, said she was devastated to learn the day after running for her life that one of the dead was Christian LaCour, a 20-year-old security guard who previously worked at the clothing store and often stopped in to chat.

Just a few nights earlier, she had called Mr LaCour when a customer wanted to come in after hours. He came and asked the man to leave, and then offered a security escort to her and two teenage employees.

“He wanted us to feel safe,” Ms Gaither said.

“I’m just in shock,” she added. “He was very young, very sweet, came in all the time to visit with us.”

The memorial set up near the scene of a mass shooting at the Allen Premium Outlets mall in Allen, Texas. Getty / AFP
The memorial set up near the scene of a mass shooting at the Allen Premium Outlets mall in Allen, Texas. Getty / AFP

An aunt of the Mendoza sisters said their mother was still in hospital and asked for prayers.

“Please pray for our now broken family. The girls have left a void that nothing in the world could ever fill. Please pray for their mum, my sister and her broken heart,” wrote Anabel Del Angel in a fundraising post verified by GoFundMe. She also asked for prayers for the girls' father.

Jena Blue, who lives down the street from the Mendoza family, has been to their garage sales and seen Ilda Mendoza walk her two daughters to school.

“She just seemed like a mom just like me,” Ms Blue said.

For Halloween, she said the Mendozas would have a screen playing movies while another neighbour next door would serve snacks and drinks.

“Whenever you would round the corner right by their house, you’d get like a hot dog, a treat and chips. And watch a movie,” Ms Blue said.

Officials identified the eighth victim as Elio Cumana-Rivas, 32.

Authorities are still trying to piece together what led to the attack, which ended when the suspected gunman — 33-year-old Mauricio Garcia — was fatally shot by police.

Federal officials are looking into whether Garcia expressed an interest in white supremacist ideology, a law enforcement official told the Associated Press.

The official said the investigation is in its early stages.

Federal agents have been reviewing social media accounts they believe Garcia used, as well as posts that expressed interest in white supremacist and neo-Nazi views, said the official.

The biog

Age: 59

From: Giza Governorate, Egypt

Family: A daughter, two sons and wife

Favourite tree: Ghaf

Runner up favourite tree: Frankincense 

Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”

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COMPANY%20PROFILE
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if you go

The flights
Flydubai offers three daily direct flights to Sarajevo and, from June, a daily flight from Thessaloniki from Dubai. A return flight costs from Dhs1,905 including taxes.
The trip 
The Travel Scientists are the organisers of the Balkan Ride and several other rallies around the world. The 2018 running of this particular adventure will take place from August 3-11, once again starting in Sarajevo and ending a week later in Thessaloniki. If you’re driving your own vehicle, then entry start from €880 (Dhs 3,900) per person including all accommodation along the route. Contact the Travel Scientists if you wish to hire one of their vehicles. 

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
Company%20profile
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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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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.”

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

Results:

6.30pm: Maiden Dh 165,000 1,400m.
Winner: Walking Thunder, Connor Beasley (jockey), Ahmad bin Harmash (trainer).

7.05pm: Handicap (rated 72-87) Dh 165,000 1,600m.
Winner: Syncopation, George Buckell, Doug Watson.

7.40pm: Maiden Dh 165,000 1,400m.
Winner: Big Brown Bear, Pat Dobbs, Doug Watson.

8.15pm: Handicap (75-95) Dh 190,000 1,200m.
Winner: Stunned, Pat Dobbs, Doug Watson.

8.50pm: Handicap (85-105) Dh 210,000 2,000m.
Winner: New Trails, Connor Beasley, Ahmad bin Harmash.

9.25pm: Handicap (75-95) Dh 190,000 1,600m.
Winner: Pillar Of Society, Pat Dobbs, Doug Watson.

The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Updated: May 10, 2023, 4:52 AM