(Bloomberg) — Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by a court in...
(Bloomberg) — Dubai’s financial regulator, Dubai Financial Services Authority, fined Abraaj Group, the world’s biggest private equity insolvency to date, a record $315 million for deceiving investors and...
(Bloomberg) — A former executive at Abraaj Group pleaded guilty to conspiracy charges and agreed to cooperate with a U.S. probe of a scheme that helped lead...
(Bloomberg) — Arif Naqvi, the Abraaj Group founder caught up in a U.S. fraud probe, is still being held in U.K. jail days after he won...
