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Tag Archives: Abraaj founder released from custody after $19m bail payment

Abraaj founder released from custody after $19m bail payment


May 30, 2019

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail conditions including the payment of a 15 million pound ($19 million) security, a court official said. Naqvi was being held at Wandsworth Prison in London after he was arrested in April in connection with charges he faces in the United …

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