Deloitte undertakes review of Abraaj's business, troubled fund-sources | ZAWYA MENA Edition:
"Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier review by KPMG of the embattled fund, people familiar with the matter said. Abraaj has been trying to stem the fallout from a row with four of its investors, including the Bill & Melinda Gates Foundation and the International Finance Corp (IFC), over the use of their money in the fund. A Deloitte team, including specialists in forensic services, is working inside Abraaj's office to help the healthcare fund review its governance and control mechanisms, the sources said."
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