LONDON: Former Qatari prime minister Shaikh Hamad bin Jassim bin Jabr Al Thani has begun to liquidate property belonging to his family in Europe, a report said yesterday.
Informed sources said the office of the family of former Qatari prime minister was considering selling luxury hotels in London and Paris worth about $869 million, London-based newspaper Al Arab said.
Western sources did not rule out that Shaikh Hamad bin Jassim was preparing for further prosecutions against him in Europe.
However, this time on charges that may be more serious than those he is facing in the Barclays case.
The fear of being prosecuted for terrorism appears to be a strong reason for Sheikh Hamad’s initiative to liquidate his property in Europe for fear of being confiscated or frozen if he is convicted.