Tag Archives: Abraaj Capital founder gets record $20m bail: report

KARACHI: The founder of Dubai-based private equity fund Abraaj Capital, Arif Naqvi, was granted conditional bail of $20 million after a London judge dismissed prosecutors’ bid to keep him in custody while he fought extradition to the US, the Bloomberg reported on Friday. According to Mr Naqvi’s filings for the hiring as cited in the Bloomberg report, the bond amount …

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