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Executive Pleads Guilty As Collapse Of $14bn Abraaj Hits Pe Flows Into Africa

by africancapitalmarketsnews.com posted 1week ago 19 views
The ongoing collapse of the giant Abraaj platform in the world’s biggest private-equity insolvency has hit flows into Africa-focused private-equity funds. Former Abraaj managing partner Mustafa Abdel-Wadood is cooperating with New York prosecutors after pleading guilty in a Manhattan court 2 weeks ago. He could face up to 125 years in prison. Abraaj was founded […]

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