Mugla, Turkey // One of the nearly 50 suspects in an alleged plot to assassinate Turkey’s president admitted involvement in the botched July 15 coup bid as their mass trial opened on Monday.
Most of the 44 people who appeared court in were soldiers. Three others accused of attempting to kill Recep Tayyip Erdogan are on the run and being tried in their absence.
The trial in the southern city of Mugla is being held under tight security, with snipers posted on rooftops and helicopters circling overhead.
Mr Erdogan, who was with his family at a hotel in the upmarket Aegean resort of Marmaris on the night of the coup attempt, has said he was 15 minutes from death.
Turkish officials say the attempt to kill Mr Erdogan was a key part of a plot they allege was masterminded by the US-based cleric Fethullah Gulen and his so-called Fethullah terror organisation (Feto). Mr Gulen denies any involvement.
One of the most senior soldiers on trial, former brigadier general Gokhan Sahin Sonmezates, denied any link to Mr Gulen, describing his organisation as a “perversion”.
Mr Sonmezates said he believed he was part of an action by the Turkish army. “My motivation was to protect my country,” he told the court.
A second suspect, former major Sukru Seymen, admitted: “Yes, I conducted a coup”, adding, “even if I get the death penalty, it won’t hurt me.”
He also insisted he was not a Gulen follower, but an admirer of Turkey’s secular founder Mustafa Kemal Ataturk.
Mr Gulen is one of the three accused in the assassination plot trial who is still at large. Ankara has repeatedly demanded that the United States extradite him.
The trial is being held in a conference centre rather than a standard courtroom to accommodate the number of defendants. They were placed at the centre, surrounded by dozens of soldiers with batons.
The initial phase should last until March 15.
Prosecutors have sought multiple life sentences for each of the 47 suspects, who include an alleged “hit squad” of 37 soldiers.
Many were found hiding in the mountains above Marmaris, even in caves, in the days after the coup bid that left 248 dead besides the plotters.
Mr Erdogan managed to flee Marmaris with his family, including his son-in-law, energy minister Berat Albayrak, and fly to Istanbul, where he oversaw the suppression of the coup.
Two policemen who guarding Mr Erdogan at the hotel were killed.
Mr Erdogan’s lawyer Huseyin Aydin said the plan was to “neutralise the president”.
After the coup, there have been calls to reimpose the death penalty in Turkey, which was abolished in 2004. Its reinstatement would spell the end of Turkey’s bid to join the European Union, but Mr Erdogan has repeatedly said he would approve legislation reimposing the death penalty if it was passed by parliament.
About 43,000 people have been arrested since the coup in a massive crackdown on followers of Mr Gulen that has raised international concern. The Mugla trial is one of many now getting under way across the country to judge the coup suspects.
* Agence France-Presse
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
Schedule
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SPECS
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Zombieland: Double Tap
Director: Ruben Fleischer
Stars: Woody Harrelson, Jesse Eisenberg, Emma Stone
Four out of five stars
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
Analysis
Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more
Who is Ramon Tribulietx?
Born in Spain, Tribulietx took sole charge of Auckland in 2010 and has gone on to lead the club to 14 trophies, including seven successive Oceania Champions League crowns. Has been tipped for the vacant New Zealand national team job following Anthony Hudson's resignation last month. Had previously been considered for the role.
Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
FIXTURES
Fixtures for Round 15 (all times UAE)
Friday
Inter Milan v AS Roma (11.45pm)
Saturday
Atalanta v Verona (6pm)
Udinese v Napoli (9pm)
Lazio v Juventus (11.45pm)
Sunday
Lecce v Genoa (3.30pm)
Sassuolo v Cagliari (6pm)
SPAL v Brescia (6pm)
Torino v Fiorentina (6pm)
Sampdoria v Parma (9pm)
Bologna v AC Milan (11.45pm)
Fifa%20World%20Cup%20Qatar%202022%20
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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.”