What’s Been Learned and Who’s Charged in Abraaj Collapse
about 6 years in Washington Post
The startling collapse of Abraaj Group, the once-mighty Middle Eastern private equity firm, continues to reverberate. Regulators in Dubai, where the dealmaker is based, have imposed a record fine, and Abraaj founder Arif Naqvi and a clutch of senior executives face legal charges in the U.S. The scandal, meanwhile, has all but frozen fundraising by other Dubai-based buyout companies.