Swiss police evacuate passengers from the Ethiopian Airlines flight ET702 to Rome that was hijacked and rerouted to Geneva. Richard Juilliart / AFP Photo
Swiss police evacuate passengers from the Ethiopian Airlines flight ET702 to Rome that was hijacked and rerouted to Geneva. Richard Juilliart / AFP Photo

Wanting asylum in Switzerland, co-pilot hijacked plane



GENEVA // The co-pilot of an Ethiopian Airlines flight hijacked his aircraft on Monday while the captain was in the bathroom and forced it to land in Geneva so he could seek asylum.

He was arrested after scaling out of the cockpit window on a rope at Geneva airport.

The co-pilot told Swiss authorities he seized his chance to take over flight ET-702 from Addis Ababa to Rome by locking himself in the cockpit when the pilot went to the bathroom.

Ethiopia’s information minister, Redwan Hussein, identified the hijacker as 31-year-old Hailemedehin Abera Tagegn, and said he had been working with the national carrier for five years.

Geneva police spokesman Eric Grandjean said the man told police “he felt threatened in his country and wants to seek asylum in Switzerland”.

A total of 202 passengers and crew were on board the Boeing 767 as the drama played out.

Mr Hussein said the passengers included 139 Italians, 11 Americans, 10 Ethiopians as well as nationals from Nigeria, Romania, France, Ireland, Germany and other countries.

“The co-pilot told air transport authorities he had a problem with his plane and needed to fill up with jet fuel. He then set off a distress signal indicating the plane was hijacked, before saying he had engine trouble,” Mr Grandjean said.

Fighter jets escorted the plane from Italian air space and it landed in Geneva at 6.02am.

“He parked the plane on the taxiway, he cut the engines then opened the cockpit window, threw out a rope and used it to descend to the tarmac,” Mr Grandjean said.

“He ran towards the police and immediately identified himself as the co-pilot and hijacker.”

The man said he acted alone, but as a precaution all those on board were frisked as they left the plane.

The runway was crowded with police and other emergency vehicles as passengers filed out with their arms up in the air or on their heads before boarding waiting buses.

Geneva’s chief prosecutor, Olivier Jornot, said there were no signs of violence towards the passengers or fellow crew.

“Of course the fact that a plane is being flown by someone who has committed a hijack means that the passengers were in danger,” Mr Jornot said.

He said the co-pilot’s reasons for feeling in danger in Ethiopia were unclear, as he had not expressed any “political or other motives”, and that an asylum claim seemed unlikely to succeed.

“Technically there is no connection between asylum and the fact he committed a crime to come here. But I think his chances are not very high,” he said.

The man risks a 20-year prison sentence, but Mr Jornot said it was too early to say whether his actions warranted such a punishment.

Mr Redwan said the co-pilot had no prior criminal record.

“So far it is known that he was medically sane, until otherwise is proven through the investigation which is going on right now,” he said.

“So the intention, what forced him to hijack his own plane, still beggars belief ... any political, social or economic reason would not make sense to hijack your plane and be a criminal,” he said.

“We don’t see any criminal record ... and there was no reason for him to be prosecuted so there was no reason for him to flee,” he added.

All flights to and from Geneva were either diverted or cancelled as the hijack drama unfolded, but operations resumed at 8.05am, said the airport’s chief executive, Robert Deillon.

Up to 30 flights and 4,000 passengers looked set to be affected by the two-hour closure of the airport during the busy ski season, he added.

The last time a hijacked aircraft landed in Switzerland was in 1995, when a Spaniard hijacked a Majorca-Paris flight to protest against France’s Pacific nuclear testing. All on board were unharmed, and the man was ruled to be mentally ill.

In all, 14 hijackings have played out in Switzerland since the first in 1969, when Arab militants seized an Israeli passenger plane at Zurich airport, fatally wounding a pilot.

One hijacker died in the subsequent assault by Israeli special forces and the three others were arrested.

* Agence France-Presse

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Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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Started: 2013

Founder: Ulugbek Yuldashev

Sector: e-commerce

Size: 600 plus

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Principal Investors: self-financed by founder

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West Indies: Holder (c), Ambris, Bishoo, Brathwaite, Chase, Dowrich (wk), Gabriel, Hamilton, Hetmyer, Hope, Lewis, Paul, Powell, Roach, Warrican, Joseph

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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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MATCH INFO

Asian Champions League, last 16, first leg:

Al Jazira 3 Persepolis 2

Second leg:

Monday, Azizi Stadium, Tehran. Kick off 7pm

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SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4-litre%20V8%20twin-turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E630hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E850Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20Tiptronic%20automatic%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh599%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%0D%3C%2Fp%3E%0A
Frida%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarla%20Gutierrez%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Frida%20Kahlo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

Kill%20Bill%20Volume%201
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Quentin%20Tarantino%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Uma%20Thurman%2C%20David%20Carradine%20and%20Michael%20Madsen%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%204.5%2F5%3C%2Fp%3E%0A
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