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Dubai body slaps over $135 million fine on Pakistani founder of Abraaj Group Arif Naqvi

Although the fine is only provisional, it is the latest twist in a saga that has spanned multiple continents and touched some of the world’s wealthiest people. Abraaj managed $14 billion for investors at its peak before its collapse in 2018.

Abraaj founder fined staggering $135M by Dubai regulator

Dubai regulator issues massive fine on Abraaj founder

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