by The International Consortium of Investigative Journalists
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Former Emir of Qatar

Hamad bin Khalifa Al Thani

Offshore company held a bank account; South African companies' shares

Related to  Qatar
Data from: Panama Papers
Sheikh Hamad bin Khalifa Al Thani ruled over the energy-rich nation of Qatar from 1995 to 2013 after he deposed his father, who was travelling in Switzerland, in a bloodless coup. In June 2013, Al Thani handed over power to his son, saying it was time for “a new generation.” During his 18 years in power, Al Thani was widely-credited with increasing Qatar’s political clout and growing its economy.

In the data

In March 2014, less than a year after Al Thani resigned as Qatar’s ruler, a Luxembourg lawyer contacted Mossack Fonseca to convey Al Thani's interest in buying an off-the-shelf company registered in the British Virgin Islands. The company the former emir acquired, Afrodille S.A., would hold a bank account in Luxembourg and shares in two South African companies, according to the lawyer. From September 2013, Al Thani was also the majority shareholder of Rienne S.A. and of Yalis S.A., which held a term deposit with the Bank of China in Luxembourg, according to the files. While Al Thani held majority ownership in both companies, a 25 percent stake in each was held by another family member, Sheikh Hamad bin Jassim Al Thani, Qatar’s former prime minister and foreign minister.

Response

The Emir did not respond to a request for comment via his offshore companies' administrator.
Former prime minister of Qatar
Hamad bin Jassim bin Jaber Al Thani
King of Saudi Arabia
Salman bin Abdulaziz bin Abdulrahman Al Saud

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