Football coach in Dubai jailed for sexual abuse of boy he trained



DUBAI // A football coach who sexually abused a 15-year-old boy he trained has been jailed for three years.

The 35-year-old Indian took pictures of the boy naked then threatened to post them on Facebook if he did not comply.

The coach had denied five charges of sexual assault, issuing threats, inciting sin among teenagers and possessing child pornography.

The man had also sent other children pornographic images to incite them to commit sin.

He kept pictures of several naked boys as a means of blackmailing them.

“No, nothing like that happened,” the coach told the court. “I took no pictures and I didn’t threaten or blackmail anyone. The phone that has the pictures on it doesn’t belong to me. It’s for a friend who flew to his homeland and left it with me.”

The coach befriended the 15-year-old Indian boy on Facebook about four months before the alleged assault in October last year.

“He started training me and my friends and used to drive [me] to and from home but, on October 15, after he dropped everyone else off, he took me to a sandy plot behind a school then locked the doors and forced me to take my clothes off,” the boy said.

The coach took photos of the naked boy then threatened to use them against him by posting them on Facebook if he told anyone what had happened.

The boy told his parents, who went to the police.

A policeman who arrested the coach said: “We apprehended him and he confessed to me he had in fact assaulted the boy sexually then said that he did it to several other children, as he was driving children home after training and abused the last one left in the car.”

The 48-year-old Emirati officer said numerous images of nude children were found on the coach’s smartphone.

Prosecutors and police said the man confessed to all charges during investigations, though he denied them in court.

However, the court found him guilty and he will be deported after completing the sentence.

tzriqat@thenational.ae

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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.”


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