June 13, 2019 / 4:06 PM / 3 months ago

Three more Abraaj executives face U.S. fraud charges

NEW YORK, June 13 (Reuters) - U.S. prosecutors on Thursday unveiled criminal charges against three former executives of collapsed Dubai private equity firm Abraaj Capital Ltd, accusing them of taking part in a massive international scheme to defraud investors.

Former managing partner Waqar Siddique, former vice president Rafique Lakhani and former chief financial officer Ashish Dave have all been charged with fraud and conspiracy, according to an indictment unsealed in Manhattan federal court. Three other Abraaj executives, including founder Arif Naqvi, were charged earlier this year. (Reporting By Brendan Pierson in New York Editing by Susan Thomas)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below