Qatar Faces $6 Billion Arbitration Claim Linked To Ruling Family Member

Qatar Faces $6 Billion Arbitration Claim Linked To Ruling Family Member

A general view taken on December 20, 2019 shows the skyline of the Qatari capital Doha. (Photo: ... [+] GIUSEPPE CACACE/AFP via Getty Images)

The Qatari government is facing a $6 billion international arbitration claim stemming from a case against a member of the country’s ruling family.

Anglo-Spanish family trust Swifthold Foundation is pursuing the gas-rich Middle East state after failing to secure compensation through the local courts over a property investment scheme that went sour involving Sheikh Fahd Bin Ahmed Bin Mohammed Al-Thani and his company Fast Trading Group.