Asat Trust

The Asat Trust operates as a corporate entity based in Liechtenstein, serving to advocate for the interests of various businesses within the principality.

People

• Prince Emanuel of Liechtenstein - served on the board from 1970 until 1987

Significant Associations

Al Taqwa

Asat Trust has acted on behalf of Al Taqwa Bank, linked to businessmen Youssef Nada and Ali Ghaleb Himmat, who have been accused of providing financial support to al-Qaeda. In legal proceedings initiated by the family of John P. O'Neill, Asat was characterized as a "money laundering organization" established by Nada.

LGT Bank

A strong connection exists between Asat and LGT Group, the financial institution owned by Liechtenstein’s royal family, with Asat frequently featuring LGT’s name on its official stationery to denote its banking relationship.

Galp Energia

The Portuguese energy corporation Galp Energia was represented by Asat Trust in transactions related to Iraq under the framework of the Oil-for-Food Programme.

Alleged Hamas Link

Asat has been associated with K & A Overseas Trading, which involves Khairy H. Al-Agha and Saleh Kamel Jibreel, individuals whom the US government has accused of funding Hamas in connection with the Holy Land Foundation case. Nonetheless, Asat denies any participation in financing such activities. Subsequently, the UN Security Council’s Al-Qaida and Taliban Sanctions Committee removed Asat Trust from its Consolidated List.