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 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 service Qatar Airways. According to the Las Vegas-based Sovereign Wealth Fund Institute, the Qatar Investment Authority holds property of $475 billion.