Egypt judge will rule on second mass trial of Islamists in April



MINYA // After a single session with no defence lawyers present, an Egyptian judge said on Tuesday he will issue verdicts next month in a new mass trial of 683 suspected Islamists, including the Muslim Brotherhood’s spiritual leader, on charges of murder and attempted murder.

The announcement came a day after he sentenced hundreds to death in a similar trial that raised a storm of international criticism.

The mass trials have raised concerns among human rights activists over the lack of due process as Egyptian authorities push swift and heavy prosecutions in their crackdown against Islamists and the Brotherhood. About 16,000 have been in arrested in the crackdown since Islamist president Mohammed Morsi was removed from power last summer.

Defence lawyers boycotted the trial that began on Tuesday in the court in the city of Minya, south of Cairo, to protest the verdicts issued the day before in a separate trial. Despite the lawyer boycott, presiding judge Said Youssef went ahead with the session, hearing testimony, in what the lawyers called a violation of the law.

After the five-hour hearing, the judge announced that he would issue verdicts in the case at the next session, set for April 28, according to judicial and security officials who attended the sessions and Mohammed Tosson, a defence lawyer who boycotted the session but present in the court building to monitor the results.

The charges in Tuesday’s proceedings stemmed from rioting last August sparked by the security forces’ storming of two Brotherhood sit-ins in Cairo that killed more than 600 people.

The dispersal of the protest camps came weeks after the military removed Mr Morsi following days of massive protests in which millions demanded he step down for abusing power.

Only 68 of the 683 defendants were in the dock on Tuesday. The rest are being tried in absentia. A handful of other defendants held in the case, including the Brotherhood’s spiritual leader, Mr Badie, and other senior figures who are jailed in Cairo, were not present at the trial in Minya. Authorities cited security reasons for not bringing them to the hearings.

Monday’s swift verdicts and the harsh sentences stunned human rights activists and raised fears that the rule of law is being swept away in the crackdown waged by the military-backed interim government against Morsi’s Brotherhood since his overthrow last July.

Khaled Fouda from the lawyers’ syndicate in Minya, held a press conference to announce their protest.

“As lawyers, we haven’t seen anything like what happened here yesterday in our entire professional lives and we will not see anything like it until our deaths,” he said.

Yasser Zidan, one of the lawyers boycotting the proceedings, said the judge did not postpone the trial despite the absence of the suspects’ lawyers — another grave violation of due process.

He said that according to the law, a court is obliged to postpone a session in the absence of defence lawyers and until new lawyers are assigned to the case.

“This is just another disaster,” Mr Zidan said. “This judge smashed the rock of justice with his own hands. He is inventing a new law.”

He said the lawyers have filed a suit against the judge, demanding his removal.

The defendants were brought to court on Tuesday in prison lorries under heavy security. In addition to Mr Badie, top Brotherhood officials such as Mamdouh Ammar and the legislator Mohammed Marzouk were listed among the defendants, but it was not immediately known if they were in court on Tuesday.

The 68 were arrested following an August attack on a police station in the town of Al Adawa, when a crowd of pro-Morsi supporters stormed a police station to steal weapons, looted government buildings and carried out acts of “sabotage” against the state security, according to the charges.

The defendants are also charged with the killing of two policemen and attempted murder of five people, including a Christian resident.

In Minya, roads around the court were blocked by concrete blocks and metal barricades, manned by security forces and masked special forces. Armoured vehicles patrolled the streets and shops near the court were shut down.

Security forces kept small groups of protesters, including relatives of the defendants, and traffic away from the area.

* Associated Press

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Man of the Match: Son Heung-min (Tottenham Hotspur)

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Company: Bidzi

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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.

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“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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Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

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John Zubrzycki, Hurst Publishers

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Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

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Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

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Number of tracks: 11

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Name: ARDH Collective
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'Lost in Space'

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