KPMG review of Dubai-based PE firm Abraaj reveals no misuse of funds:
"A forensic accountant review into a leading private equity fund has found no misuse of funds after investors raised concerns. Abraaj, a Dubai-based private equity fund whose investors include the World Bank and the Bill & Melinda Gates Foundation, hired KPMG to scrutinise part of its $1bn healthcare fund after reports that investors were concerned the money was mishandled. In a statement Abraaj said: “KPMG was appointed by the Abraaj Growth Markets Health Fund at the beginning of January 2018 to verify all receipts and payments made by the Fund."
'via Blog this'
No comments:
Post a Comment