The Emirates Times

Linkedin Twitter Facebook Tumblr

The Emirates Times

– Make It Happen
Enquire Now
Menu
  • HOME
  • INTERVIEW
  • UAE
  • GULF NEWS
    • Dubai
    • Jordan
    • Bahrain
    • Abu Dhabi
    • Saudi Arabia
    • Oman
  • BUSINESS
  • TECHNOLOGY
  • LIFESTYLE
  • EVENT
  • SUCCESS STORIES
  • METAVERSE

The Emirates Times

– Make It Happen
Menu
  • Home
  • Interview
  • UAE
  • Gulf News
    • BUSINESS
    • Dubai
    • Jordan
    • Saudi Arabia
    • Abu Dhabi
    • Bahrain
    • Oman
  • Technology
  • Lifestyle
    • Biography
    • EVENT
  • Metaverse
Home Gulf News

An ex-minister of finance is found guilty by a Qatari court of laundering $5.6 billion.

January 18, 2024
in Gulf News, Qatar
0 0
0
An ex-minister of finance is found guilty by a Qatari court of laundering $5.6 billion.

According to a document seen by Reuters, a criminal court in Qatar sentenced the former finance minister of the Gulf Arab state to 20 years in prison for laundering more than $5.6 billion.

Additionally, according to the document, the court of first instance ordered Ali Sherif Al Emadi to pay a fine exceeding 61 billion Qatari riyals ($16.7 billion), which was divided into two parts: 40.9 billion riyals, or twice the amount of money he laundered, and additional fines totaling more than 21 billion riyals.

According to the same document, judges also ruled Sheikh Nawaf bin Jassim bin Jabor Al Thani guilty of misusing public funds. They also fined him 825 million riyals and gave him a six-year sentence.

The conviction, rendered on January 10 by the court, is subject to appeal by Emadi and Sheikh Nawaf, who were two of the fourteen defendants in the trial. Whether the two had entered pleas in response to the allegations during the trial was not immediately apparent.

When Reuters asked Emadi’s attorneys about the conviction, they did not reply, and the man hasn’t made any public remarks since his arrest.

Also Read:

UAE Launches Sirb Satellite Programme to Bolster Space Sector and Economic Growth 

UAE Welcomes Injured Palestinian Children and Families for Medical Treatment 

ShareTweetSend
Next Post
Travel plans for UAE citizens are impacted as hundreds of flights in India are canceled.

Travel plans for UAE citizens are impacted as hundreds of flights in India are canceled.

No Result
View All Result

Latest Posts

UAE
WORLD

UAE Reportedly Pushed for Joint Gulf Military Action Against Iran After Missile Strikes

by Shivam Chaudhary
May 15, 2026
0

Saudi Arabia and Qatar Opposed UAE’s Proposal for Unified Gulf Response to Iran Attacks The United Arab Emirates reportedly attempted...

Read more
Trump

Trump Responds After Xi Jinping Calls America a ‘Declining Nation’

May 15, 2026
S Jaishankar

S Jaishankar Raises Concerns Over Sanctions and Global Tensions at BRICS Meeting

May 14, 2026
AI Tools

Game-Changing AI Tools: Best Free Alternatives to OpenAI ChatGPT, Claude and Gemini in 2026

May 14, 2026
Philippine

Security Alarm: Shots Heard at Philippine Senate as Tensions Rise Over ICC Arrest Attempt

May 13, 2026

Follow Us

The Emirates Times

– Make It Happen
The Emirates Times is an English Language Internet media with a significant focus on business, technology, news, entrepreneurship, leadership, innovation, prominent business personalities, and many more, majorly in the GCC region. Further, the company publishes interviews, news, business content, press releases, etc. This platform also publishes about real estate, sports, metaverse, business ideas, and more.
Linkedin Twitter Facebook Tumblr

Important links

  • HOME
  • INTERVIEW
  • UAE
  • GULF NEWS
  • TECHNOLOGY
  • LIFESTYLE
  • METAVERSE

Contact Us

  • sales@theemiratestimes.com
  • +91-70-6556-6556

© 2024 theemiratestimes