Qatar charges ex-finance minister with bribery and embezzlement

Qatar charges ex-finance minister with bribery and embezzlement

Qatar’s former finance minister Ali Sherif al-Emadi will face a criminal trial, the state news agency said on Sunday, following his arrest in 2021 on allegations of embezzlement. of funds.

Ali Sherif al-Emadi will be tried, along with an unknown number of others, for corruption, abuse of position and power, undermining public funds and money laundering, the Qatar News Agency said. It is unclear if they all face the same charge.

He was arrested in May 2021, stripped of his ministerial duties and soon after removed from the boards of the Qatar Investment Agency and the Qatar National Bank. He previously served as CEO of the bank.

The former minister has not commented publicly on the matter and Reuters could not contact him.

Ali Sherif al-Emadi served as finance minister in the wealthy Gulf Arab state from 2013 until his arrest and served on the board of its powerful $300 billion sovereign wealth fund, the Qatar Investment Authority, which owns 50% of Qatar National Bank.

Previous Post Next Post