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Doha's record of terrorist financing under global scanner
Published in Alriyadh on 11 - 07 - 2017

The Qatari Sovereign Wealth Fund faces serious difficulties in continuing with its foreign investments after the world is beginning to understand Doha's terror financing activities, as well as its money laundering operations through suspicious deals with international banks and companies currently under investigation.
Qatar is seeking to strengthen the Fund and to enter into several major projects in cooperation with well-known international companies. Qatar is circulating such reports with the intention of attracting the world's attention. Sources confirm that the real aim of these large-scale investments is to launder money, which will eventually support terrorism.
The Fund has amassed $ 355 billion in assets making it the 14th largest in the world. This ranking is now shaky, considering the Fund is being shunned by large companies, which would rather not risk their future by being involved with suspicious investments.
Sections of the US media have revealed that the Qatari ruling family is using its investments in Baghdad to launder money in Iraq. They have reported that an Iraqi telecom company is actually a façade for prominent Qatari and Kurdish politicians to launder money.
Experts in the global financial sector confirm that the Fund is in an unstable position after its involvement in money laundering operations. Qatar's investment partners are currently investigating these reports, as they rethink their investments in the country.
Analysts do not rule out tough international sanctions against Qatar for its money-laundering operations. Qatar will be dealt with in accordance with international laws, regulations and agreements, which it had signed years ago.
A comprehensive assessment of Qatar's terrorist financing record is currently underway. Reports indicate that Doha has led a major effort, beginning in 2015, to strengthen the Syrian opposition by persuading the Al-Nusra Front to distance itself from Al-Qaeda.
Al-Qaeda's senior leadership, according to Washington, claims to have received support from resident financiers in Qatar, including the Al-Shabab Movement, Al-Qaeda in the Arabian Peninsula, Al-Qaeda in the Indian Subcontinent, Al-Qaida in Iraq, and elements of the terror group in Iran.


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