Khadem al-Qubaisi

Khadem al-Qubaisi
Born
Khadem al-Qubaisi

(1971-09-27) September 27, 1971 (age 52)
Abu Dhabi, United Arab Emirates
Alma materUnited Arab Emirates University
OccupationFormer Head of the International Petroleum Investment Company

Khadem Abdullah al-Qubaisi (Arabic: خادم عبد الله القبيسي; born September 27, 1971) is an Emirati businessman and the former managing director of the International Petroleum Investment Company (IPIC). In 2015, he was replaced as managing director of IPIC and later investigated in a series of probes into misappropriated funds in connection with 1Malaysia Development Berhad. He was arrested in the United Arab Emirates in 2016 as part of investigations into the 1Malaysia Development Berhad scandal. In 2019, he was sentenced to 15 years in prison for corruption and money laundering.[1][2]

  1. ^ Hope, Bradley; Wright, Tom (23 January 2019). "Alleged 1MDB Conspirator Says He Is a Scapegoat for Emiratis". The Wall Street Journal. Retrieved 27 January 2019.
  2. ^ "Two Executives Linked to 1MDB Scandal Jailed in Abu Dhabi: WSJ". Yahoo! Finance. 16 June 2019. Archived from the original on 19 June 2019.