Rescuers carry away a body at the site of the Air India Express crash at Mangalore on May 22.
Rescuers carry away a body at the site of the Air India Express crash at Mangalore on May 22.

Crash victims' families could have wrong remains



DUBAI // The remains of 12 victims of last month's Air India Express crash have been laid to rest at a mass funeral after authorities failed to establish their identities. The group burial was performed after DNA tests conducted on the bodies did not match samples provided by families, authorities in India said. Dozens of families had filed complaints about missing relatives yet to be found and underwent DNA testing.

The crash of flight IX812 killed 158 people. "Out of the 22 bodies that underwent DNA tests, 10 bodies were identified and handed over to the families," said Prabhakar Sharma, the deputy police commissioner in Dakshina Kannada district, Mangalore. "However, the remaining 12 did not match with the samples provided by the families. Once the DNA test results were finalised, we had no reason to continue keeping the bodies."

More than 20 grieving families gathered for the funeral in the belief that their relative was among those being buried. Authorities conducted the ceremony at a religiously neutral venue and allowed families to perform their own rites before the burial. Families of the victims said the group burial added to the pain they were already facing. Mohammed Hanif, one among many mourners, said his 40-year-old nephew, Mohammed Bashir, remains unaccounted for.

"We tried very hard to get the body but nothing worked out," said Mr Hanif. "The wrong body was given out to many families initially and this is why we have not got our bodies. Now, it's too late. "We went for the funeral in the hope that he is among the 12 bodies and that his soul gets peace." Mr Hanif said that the confusion over the bodies was so painful that they kept it a secret from the victim's wife.

Mr Sharma admitted that there were lapses by the authorities in handing the situation. "Obviously, some families got the wrong bodies," he said. "There were 158 suffering families who arrived at the hospital to claim the bodies. Initially, we were not in a position to question them and ask them not to take the bodies. On the day of the crash we did not put strict parameters for collecting the body and that is probably where the confusion happened."

Mohammed Farhan, a Sharjah resident who lost seven relatives in the crash, was also distressed by the missing bodies. His cousins Zubair, three, and Zainab, five, died in the accident and their bodies were not identified. "We are tired of the confusion," he said. "Amidst the tragedy our family faced, it is too difficult to deal with this." There were 19 children on board the flight. Meanwhile, reports of some victims travelling on the ill-fated plane with fake passports complicated the situation. Questions are being raised if the failure to identify the bodies had to do with false passports and other forms of identification. Mr Sharma said that fake passports had not been ruled out and that investigations were continuing.

The Air India Express flight from Dubai to Mangalore, carrying 166 people, crashed on the morning of May 22 after it overshot the runway on arrival. The incident was one of the worst of its kind in India in recent times. @Email:pmenon@thenational.ae

Cultural fiesta

What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421,  Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day. 

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.”

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.