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UK court says Abraaj founder can be extradited to U S

By Reuters Staff (Adds detail, background) LONDON, Jan 28 (Reuters) - A London court ruled on Thursday the founder of collapsed Dubai-based private equity company Abraaj Group could be extradited to the United States, where he is wanted on fraud charges, but said the government should make the final decision. U.S. prosecutors allege Arif Naqvi, a Pakistani businessman, is the architect of a plot to defraud investors including the Bill & Melinda Gates Foundation. Lawyers for Naqvi, who has denied the allegations through a public relations firm, have said he could face 291 years in jail if convicted in the United States.

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