Hamad bin Jassim's wealth raises controversy on social media

CAIRO – 7 September 2017: A video graph exposing claims on the corrupted side of the Qatari regime goes viral on social media platforms. The video, which was designed by the Qatari oppositions, revealed a vast fortune of the former Qatari Prime Minister Foreign Minister Hamad bin Jassim bin Jaber Al Thani alleging that he earned it by illegal deals and spent it on funding terrorist operations and militant terrorist groups in Egypt and Arab countries.

According to the video, Jassim’s fortune cost only in 2013 $12 billion as he owned in Qatar the Qatar Airways, the International Bank of Qatar (IBQ) the Four Seasons Hotel and Governor West Bay.

Moreover, the video claimed that the former Qatari Foreign Minister gained a $400 million commission on the purchasing deal of Harrods store in London, $200 million on setting up a bridge between Qatar and Bahrain. It published that 60 percent of the Qatari economic action activity links with institutions owned by Jassim as well as £500 million weapon deals in 1996.

The video alleged that Hamad Ben Jassim stole $8 billion and referred to real estate and companies outside Doha, which were disclosed by Panama documents, including a company in the British Virgin Islands as well as three companies in the Bahamas and a $ 300 million of a yacht in the Spanish port of Mallorca.

The video mentioned that there are four Panamanian companies involved in facilitating the opening of bank accounts in Luxembourg for Jassim along with $700 million belonged to him in Deutsche Bank and he spent $35 million to buy the Elaine Biddle Shipman Palace in New York as well as the Radisson and Churchill Hotel in London.