NEW DELHI // Yakub Memon has less than a week to live, but he hasn’t stopped fighting.
On July 30 – his birthday – India plans to hang Memon, now 52, for his involvement in a series of bomb blasts that rocked Mumbai in 1993. Two hundred and seventy-three people were killed and hundreds injured.
But, in a last ditch petition filed with India’s Supreme Court, Memon has argued that the death sentence issued to him by a lower court is illegal.
The impending execution has also triggered a storm of protest in India. "There's an impression, even among people who are rationalistic about this, that what's being done to him is wrong," Pradyuman Maheshwari, a Mumbai-based political analyst, told The National.
Media commentary has reinforced this view. On Wednesday, The Hindu newspaper wrote in an editorial that with the actual masterminds of the bombings absconding outside India, the execution of Memon "will only give the impression that the lone man available among the many brains behind the ghastly act of terrorism is being singled out."
Memon will be the first person, among more than a hundred individuals convicted for participating in the bombings, to be executed. Several others were given death sentences that were later commuted to terms of life imprisonment.
But despite a cycle of appeals, Memon, who was sentenced to death in 2007 by a special antiterrorism court set up to try the Mumbai bombing suspects, has not been able to overturn the decision to execute him.
“Crimes such as these deserve maximum punishment,” said Meenakshi Ganguly, the South Asia director for Human Rights Watch. “But we
believe that the maximum punishment should not be the death penalty because it is inherently inhumane.”
Memon, born and brought up in Mumbai, was once an accountant. But he was also the younger brother of Ibrahim “Tiger” Memon, a Mumbai gangster. The elder Memon and another gangster named Dawood Ibrahim have been named as the two prime suspects behind the bombings.
Prosecutors have argued that Yakub Memon assisted his brother and Ibrahim in handling their finances, which paid for sending operatives to train in Pakistan and purchasing explosives.
Soon after the bombings, the Memon family left Mumbai for the Pakistani city of Karachi. But in 1994, India’s Central Bureau of Investigation (CBI) claimed that it arrested Memon in a railway station in New Delhi.
Memon has always claimed differently. In a letter to a judge, written from his prison in 1999, he claimed he was “a good citizen of this country”. During his time in Pakistan, he wrote, he had grown tired of that country’s continuous monitoring of his family.
Memon claimed that he gave himself up willingly to Indian authorities during a trip to Nepal, handing over a suitcase full of evidence against other conspirators. He was happy to face trial, hoping to remove the stigma attached to his name.
It was unfair of the state to link him to the crime just because of his brother, he wrote in the letter. “The prosecution is harping upon ‘Memon Family’ during their arguments as if ... a family can be treated as a single unit.”
Prosecutors contended that Memon had full knowledge of the attacks when they were being planned, and that he had travelled to Dubai to meet Ibrahim and other co-conspirators to fine-tune the details of the bombings. But Memon has denied this.
The case against Yakub Memon grew somewhat flimsier when the confessions of several of his co-accused, who had implicated him, were later retracted, on the grounds that they were made under coercion.
But Memon was still sentenced to death, and he appealed his conviction in the Supreme Court. When the Supreme Court upheld his conviction, he filed a mercy petition with president Indian Pranab Mukherjee, hoping to escape the death penalty. Last year, Mr Mukherjee rejected this petition as well.
On Tuesday, the Supreme Court rejected yet another petition from Memon – a so-called “curative” petition, which entitles a person to relief after a final judgement. On the same day, Memon filed a different mercy petition, this time with the governor of Maharashtra, where he is jailed.
The petition to the Supreme Court, filed on Thursday, argues that the death warrant against Memon – which orders and sets the date for his hanging – was invalid because it was issued before he had exhausted all of his legal remedies, such as the curative petition. Memon’s lawyers have based this line of argument on an earlier observation along these lines by the Supreme Court.
The debate around Memon has grown more complicated after news website Rediff.com on Thursday carried a previously unpublished article by B Raman, once the head of the counter-terrorism division of the Research & Analysis Wing, India’s external intelligence agency.
Raman, who died two years ago, said in the column that Memon had co-operated with Indian investigating agencies after he was arrested.
Memon’s assistance “and his role in persuading some other members of the family to ... surrender constitute, in my view, a strong mitigating circumstance to be taken into consideration while considering whether the death penalty should be implemented,” Raman wrote.
Memon’s execution, Mr Maheshwari said, “felt incorrect because it damned the person who has helped you out, just because he’s Tiger’s brother”.
Unlike with the execution of Ajmal Kasab, the lone terrorist arrested and convicted for his participation in the November 26, 2008, attacks on Mumbai, “there’s no public pressure for Memon to be hanged,” Mr Maheshwari said. “There’s no outrage here in Mumbai.”
ssubramanian@thenational.ae
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
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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.”