Former Abraaj boss gets bail despite worries by prosecutors that he may flee to Pakistan rather than face US fraud charges
Abraaj healthcare fund
Abraaj Group
From DNA to electronic tagging: Terms of Abdel-Wadood’s $10m bail package
US Attorney’s Office said former Abraaj executive remains under home detention at a Manhattan apartment
Abraaj Group
Former Abraaj exec granted $10m bail bond in New York
Mustafa Abdel-Wadood was placed under house arrest at a New York apartment
Abraaj
Former Abraaj CEO denied bail after being called flight risk
Arif Naqvi, the founder of buyout fund Abraaj Group, is denied bail by a London judge
Abraaj Capital
US prosecutors accuse former Abraaj exec of hiding financial shortcomings
US prosecutors allege that former managing partner Sivendran Vetttivetpillai advocated the fraud in an e-mail to chief executive Arif Naqvi and others
Abraaj
The rise and fall of Dubai’s Abraaj Group
They were managing $14bn in assets but the star players behind The Abraaj Group, Arif Naqvi and Mustafa Abdel-Wadood, are now fighting for their futures, as they face multiple fraud charges in the world’s biggest private equity insolvency case
Abraaj
Third senior Abraaj executive arrested as criminal case widens
Sev Vettivetpillai, a former Abraaj managing partner, has been arrested for extradition to the US and remains in custody
Abraaj
Dubai regulator in contact with US counterpart about Abraaj case
Abraaj founder Arif Naqvi and former managing partner Mustafa Abdel-Wadood were arrested on US charges last week for allegedly defrauding investors
Abraaj
Abraaj CEO charged with fraud in US after Dubai firm’s collapse
Arif Naqvi, the founder and ex-CEO of Abraaj, was arrested Wednesday in the UK and is awaiting possible extradition to the US
Abraaj
DIFC regulator to strengthen corporate oversight in wake of Abraaj collapse
Dubai Financial Services Authority CEO Bryan Stirewalt said it will review its approach to supervision after an exhaustive investigation into the Abraaj scandal
Abraaj
Abraaj credit fund said to be taken over by Kuwait’s NBK Capital
Sources say NBK Capital Partners will make a nominal payment and could take over management of the Abraaj Global Credit Fund as soon as January
Abraaj
Q&A: What’s left of former private equity dealmaking giant Abraaj Group?
Suitors are now circling the Abraaj Group’s funds as liquidators seek to settle about $1 billion in debt
Abraaj
Abraaj is said to close DIFC HQ after missing rent
Dubai International Financial Centre told Abraaj to vacate its main office in the financial freezone by the end of the month
Abraaj Capital
PE firm TPG in talks to take over Abraaj Group’s $1bn healthcare fund
Abraaj’s fund has a mandate to provide affordable, high-quality healthcare to lower-income patients in sub-Saharan Africa and South Asia