Dubai Hits Founder Of Failed PE Firm Abraaj With $136M Fine

By Benjamin Horney (January 27, 2022, 12:43 PM EST) -- The Dubai Financial Services Authority on Thursday levied a fine of nearly $136 million on the founder of collapsed United Arab Emirates-based private equity firm Abraaj Group over "serious failings," with allegations including the misuse of funds and the deception of investors and regulatory authorities....

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