An ambulance drives along an empty road during a Covid-19 lockdown in Jordan's capital Amman on October 9, 2020. AFP
An ambulance drives along an empty road during a Covid-19 lockdown in Jordan's capital Amman on October 9, 2020. AFP
An ambulance drives along an empty road during a Covid-19 lockdown in Jordan's capital Amman on October 9, 2020. AFP
An ambulance drives along an empty road during a Covid-19 lockdown in Jordan's capital Amman on October 9, 2020. AFP

Jordan: attempted murder charges filed over brutal attack on teenager


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Jordanian prosecutors have filed charges of attempted murder over the brutal the attack on a teenage boy that left him without hands and one eye.

The accused were arrested on Friday after the attack on the 16-year-old, identified as Saleh, in Zarqa city, about 30 kilometres north-east of the capital Amman. They were charged with "attempted joint-enterprise murder, kidnapping and causing permanent disability among other crimes", the state news agency Petra reported.

The agency did not say how many people were charged. The criminal court prosecutor ordered them to be held for 15 days while investigations continue.

Saleh was abducted and tortured in what is thought to have been retaliation for the murder of a relative of the lead suspect earlier this year. Saleh’s father is currently serving a prison sentence for the murder.

The attackers chopped off Saleh’s hands with an axe and gouged out one of his eyes.

There has been an outpouring of shock and anger both within Jordan and across the globe in response to the attack and calls for stringent action to be taken against the accused if found guilty. Many people have taken to social media to call for the death penalty.

Following the attack, Jordan’s King Abdullah II ordered that the boy be given all the treatment necessary. Queen Rania backed calls for stringent punishment for the "unspeakable atrocity" in a post on her Facebook page.

"How can we undo this heinous crime? How can we mend your parents’ shattered hearts? How can we keep our children safe from the brutality of criminals who lack the most basic morals?" she wrote.

"Our hearts go out to you. You are the son of every Jordanian home, and I stand with the voices that call for the fullest punishment of the perpetrators."

The director general of the Jordanian Royal Medical Services, Brig Gen Adel Al Whadaneh, said a team of orthopaedic, ophthalmic and plastic surgery consultants was treating Saleh at the King Hussein Medical City in Amman. He is also receiving psychological counselling. The long-term plan is to provide the teenager with prosthetic limbs, while the vision in his remaining eye could improve over time, he said.

The head of the Public Security Directorate issued a warning against "outlaws" on Saturday and vowed to “strike with an iron fist against anyone who threatens the security” of the country.

“Outlaws are the weakest party in front of a security [force] that derives its strength from the brotherhood and magnanimity of Jordanians'" Maj Gen Hussein Al Hawatmeh said in a post on his Facebook account. "We believe in its ability to guarantee the most deterrent penalties against them.”

He encouraged people to contact a WhatsApp number that has been allocated for the public to report any observations, information or complaints related to acts of bullying, intimidation or "thuggery".

The spokesperson for the directorate said the Anti-Cybercrime Unit had identified fraudulent fundraising pages claiming to collect donations for Saleh and his family, most of which were outside of Jordan.

He action was being taken against the perpetrators and warned the public not to fall victim to such scams.

RESULT

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Bayern: Rafinha (6'), Muller (12', 27')
Chelsea: Alonso (45' 3), Batshuayi (85')

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 to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
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