Investigative Report: Mustafa Qadri of Equidem, financial criminal disguised as human rights advocate
He is now in UK court in a legal battle for fraud and money laundering
As Qadri started to make the headlines while working for these organizations, the Emirates quickly started to use his services as the next “Master” of anti-Qatar human rights reports. Upon an agreement with Emirates Sheiks, he inaugurated his London based limited Company, “Equidem Research and Consulting” which is a profit for company disguised under a charitable and noble goal which is defending migrant workers and victims of human rights violations.
A considerable cash budget was allocated to Qadri between 2016 to 2022 exceeding $ 6 million to wage propaganda campaign against Qatar human rights record and its efforts to host the world cup. The budgets were mostly used in the Media relations field to circulate fake data, press releases on Qatar’s world cup preparations.
The lack of transparency in Qadri’s work as well as his organisation is not limited to his human rights advocacy efforts. It goes beyond that where his finances and those of his organisation’ are also apparent. For the following reasons:
1- Equidem Research and Consulting Ltd Company number 10204534 is incorporated in the UK as profit for company where the nature of the business is declared as “74909 — Other professional, scientific and technical activities not elsewhere classified”. Whilst, in fact he does nothing of such activities and alternatively carry out charitable and advocacy activities that are supposed to be registered in charitable or limited by guarantee entity.
2- His profit for company (not charitable but designed for generating profit) has no physical existence in the UK whatsoever and don’t operate by any means or shape in the UK. The address he is using is virtual address used by more than 60,000 other UK based profit for companies. See the image above captured from UK Companies House.
3- The company has sole director, Mr. Qadri and has no employees at all. Mr. Qadri is also the director of the never-existing board. The company which does a lot of work including research, media outreach, public relations and many more activities don’t have a single staffer other than the sole director, Mr. Qadri. This indeed raises a lot of questions on this shell entity and the reason of its creation. The below images captured from UK Company house, the filing of Equidem.
4- Item 5 of his accounts as shown above is very clear money laundering activity as his company accounts include income from trade debtors at 84.948 in 2021 and 62.982 in 2020. In 2019, his debt from trade creditors stood at 63,315 and 7,457.
5- In both years 2020 and 2021, Qadri the director pumped cash into the company as shareholder and director. Although he can legally add cash to his company in its early years, its very clear that adding cash every year without showing any income raises a lot of questions about this source of money which is apparently cash paid by UAE and its agencies in London and Abu Dhabi. As shown in item 6 of them image above the company kept making losses and acquire unjustified loans and debts.
6- The “dodginess’’ of Qadri and his company is beyond expectation where he was cautioned and charged by court representative due to fraudulent loan activities. Qadri obtained illegally loans for real estate purchase and failed to pay the bank. Until this moment, Qadri has outstanding payments to make for Clydesdale Bank in Scotland. Below are excerpts of the Court cautions signed by Qadri upon receipt of relevant orders.