Qatar finance minister arrested over alleged embezzlement -statement ...Egypt

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Qatar finance minister arrested over alleged embezzlement -statement
Qatari Finance Minister Ali Sherif al-Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the public sector, a statement carried by state news agency QNA said on Thursday. An investigation is underway, the statement added. Emadi has been minister of finance in the wealthy Gulf Arab state since 2013 and sits on the board of its powerful $300 billion sovereign wealth fund, the Qatar Investment Authority. He is also chairman of the board of directors of Qatar National Bank, the largest lender in the Middle East and Africa. Emadi steered Qatar’s economic policies during the 2014-2015 oil price crash that prompted the tiny nation – as well as

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