Sudanese demonstrators hold protest. Reuters
Sudanese demonstrators hold protest. Reuters
Sudanese demonstrators hold protest. Reuters
Sudanese demonstrators hold protest. Reuters

Sudanese demand justice for protesters killed in 2019 crackdown


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Protesters took to the streets in Sudan’s capital and elsewhere across the country amid tight security on Thursday, demanding justice for the victims of a 2019 crackdown on pro-democracy demonstrators.

The marches commemorate the second anniversary of the deadly June 3 break-up by security forces of a major protest camp outside the military’s headquarters in Khartoum and others in Sudan.

The violence came shortly after the military overthrew long-time leader Omar Al Bashir amid a public uprising against his nearly three-decade rule.

Sudan is now on a fragile path to democracy and is ruled by a transitional military-civilian government that faces towering economic and security challenges.

Protest organisers say security forces killed at least 128 people during the dispersal and subsequent crackdown in June 2019, which was a turning point in the relationship between the generals and the protest movement that led the uprising against Al Bashir.

The crackdown also involved what activists describe as a campaign of rapes and sexual misconduct by troops ordered by the military to crush the pro-democracy movement.

Thursday’s demonstrations were called by the Sudanese Professionals’ Association, and the so-called Resistance Committees, which were instrumental in leading protests against Al Bashir.

Before Thursday’s protests, security forces closed off major roads and streets leading to the government and military headquarters in Khartoum.

Video footage later shared online showed protesters gathering outside the Cabinet headquarters and carrying Sudanese flags and posters of those killed in the uprising.

The marches came amid mounting frustration among activists who accuse the government of delaying and obstructing investigations and trials related to the crackdown.

“Today’s protest is another test for the commitment of the government to seek justice and protect the freedom of assembly,” said activist Nazik Awad. She added that families of the victims “are loosing faith in the ongoing investigation process”.

The protest organisers also renewed calls for an international investigation into the clampdown — calls that the army generals have repeatedly dismissed.

The government established an independent committee in 2019 to investigate the crackdown, but the panel kept missing its deadlines, angering the victims’ families and rights groups.

Sudanese Prime Minister Abdalla Hamdok said in a statement late on Wednesday that his government had done its best to achieve justice. But he admitted that its “complicated ties” with security agencies overseen by the generals have “sometimes slowed down justice and delayed the submission of information” prosecutors need for their investigations.

“It is travesty of justice that two years since this senseless and unprovoked attack on unarmed protesters took place claiming dozens of lives, no investigation report has been published and no one responsible for the bloodshed has been held accountable. Instead those demanding justice have faced further attacks,” said Deprose Muchena, a regional director at Amnesty International.

Last month, two protesters were killed when troops opened fire on a demonstration in the capital at the end of Ramadan. The June 2019 disposal of the Khartoum protest camp also coincided with the end of Ramadan.

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.”

Nancy 9 (Hassa Beek)

Nancy Ajram

(In2Musica)

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