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Abraaj founder released from custody after $19 million bail payment

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody

Fraud charges: Abraaj founder, CEO Arif Naqvi arrested in UK

Naqvi's managing partner Mustafa Abdel-Wadood was arrested at a New York hotel on Thursday, Assistant U.S. Attorney Andrea Griswold told court.

Abraaj assets to be taken over by Commercial Bank of Dubai

The move comes after Noor Bank, which lent Abraaj around $100 million, recently got the go-ahead to take control of parts of funds pledged against its loan.

PM Imran informed about WSJ story regarding corruption in K-Electric stake sale: Shahzad Akbar

ISLAMABAD: Special Assistant to Prime Minister on Accountability Mirza Shahzad Akbar on Thursday said that he has informed PM Imran about alleged corruption in...

NAB should initiate probe over WSJ report regarding kickbacks offer in K-Electric stake sale: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Wednesday said that National Accountability Bureau (NAB) should launch an inquiry after a US newspaper's story alleged that...

Abraaj co-founder offered $20million to secure Nawaz’s cooperation in selling K-Electric stake: WSJ

ISLAMABAD: Private equity firm Abraaj’s co-founder offered to pay $20million to a Pakistani businessman in the year 2016 to to secure cooperation of then...

Imran Khan-led sit-in was to prevent Asim Munir’s appointment as COAS: Vawda

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