Harrods: The red flags missed when Qatar bought store from Al Fayed

Published On Sep 29, 2024, 1:01 AM

The acquisition of Harrods by Qatar's sovereign wealth fund in 2010 is under scrutiny due to serious sexual abuse allegations against former boss Mohamed Al Fayed. Legal experts suggest that the due diligence process was either inadequate or ignored existing allegations. The fallout from these claims may lead to significant financial costs for Harrods, including compensation for victims and reputational damage, as customers may seek to boycott the brand. The incident highlights a shift in how sexual harassment is approached in corporate investigations post-#MeToo.