Royal Courtroom Clash: The Battle Over the Idol's Eye Diamond

In a high-profile case at London's High Court, Sheikh Hamad bin Abdullah Al Thani lost a legal dispute against Sheikh Saud bin Mohammed Al Thani's relatives over the 'Idol's Eye' diamond. The court ruled in favor of Elanus Holdings, denying QIPCO's claim to the precious gem valued at $27 million.

In a legal battle that unfolded across the recent docket of London's High Court, Sheikh Hamad bin Abdullah Al Thani squared off against relatives of the late Sheikh Saud bin Mohammed Al Thani over a magnificent 17th-century gem known as the 'Idol's Eye'.

The cherished diamond, purchased in the early 2000s by Sheikh Saud, became the centerpiece of an intense courtroom clash after it was loaned to Qatar Investment & Projects Development Holding Company (QIPCO), headed by Sheikh Hamad, prior to Sheikh Saud's passing in 2014.

The court's decision, favoring Elanus Holdings, a beneficiary-linked entity claiming ownership, rejected QIPCO's assertion of a $10 million sales agreement. The diamond's valuation, as argued by Elanus, stands at approximately $27 million.