US prosecutors accused Abraaj Group founder Arif Naqvi of misappropriating more than $250m in a widening investigation into the world’s biggest failed private-equity firm.
The accusation was made in an updated criminal indictment published Thursday.
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Abraaj founder Naqvi accused of misappropriating more than $250m
Three more executives of failed private equity firm Abraaj are named; companies and individuals assert losses of more than $1bn
