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Qatari finance minister arrested over alleged embezzlement

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Qatar Finance Minister Ali Sherif al Emadi is arrested for questioning over allegations of embezzlement, abuse of power and crimes related to the public sector – statement

Qatar's Minister of Finance Ali Sherif al Emadi speaks at the Qatar UK Business and Investment Forum in London, Britain, March 27, 2017.

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 other Gulf countries - to accelerate plans to diversify the economy.

The contraction however was smaller than expected and the smallest in the Gulf region, according to International Monetary Fund data.

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