Qatar expenses ex-finance minister with bribery, embezzlement


It wasn’t instantly clear if al-Emadi had a lawyer. The state information report additionally didn’t elaborate on how a lot cash the previous minister is accused of stealing.

Al-Emadi rose to prominence within the Gulf Arab emirate as the present emir ascended the throne and after overseeing the transformation of Qatar Nationwide Financial institution into the biggest lender within the Center East.

As soon as one in all Qatar’s strongest officers, al-Emadi additionally served as chairman of the financial institution, on the board of Qatar’s sovereign wealth fund and as president of the chief board of long-haul provider Qatar Airways. Based on the Las Vegas-based Sovereign Wealth Fund Institute, the Qatar Funding Authority holds property of $475 billion.

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