Fraud & Ethics
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Abraaj’s Naqvi sentenced to prison by UAE court
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 the United Arab Emirates for a case involving low-cost carrier Air Arabia PJSC, people familiar with the matter said. It’s unclear whether Naqvi will serve…
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Click here to read the full story: Gulf News