Qatar introduced Sunday the nation’s former finance minister faces fees together with bribery and embezzlement from his time within the submit.
Ali Sharif al-Emadi was arrested in May 2021, with little about his case being made public. In a brief assertion on the state-run Qatar News Agency, prosecutors accused al-Emadi of the crimes and mentioned he would face trial in a prison court docket.
It wasn’t instantly clear if al-Emadi had a lawyer. The state news 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 National Bank into the biggest lender within the Middle East.
Once one in every of 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 manager board of long-haul provider Qatar Airways. According to the Las Vegas-based Sovereign Wealth Fund Institute, the Qatar Investment Authority holds belongings of $475 billion.
Under Sheikh Tamim bin Hamad Al Thani, the ruling emir, Qatar lately has sought to spice up its worldwide repute by internet hosting the 2022 FIFA World Cup and selling political reforms. Sheikh Tamim additionally lately changed the nation’s prime minister with out rationalization.
Source: www.dailysabah.com
