Second bounced cheque case against Abraaj founder scheduled for Sunday | GulfNews.com:
A Sharjah court will hear a bounced cheque case against Arif Naqvi, founder of beleaguered private equity firm Abraaj on Sunday.
The court which heard the case on August 14 had reserved its judgement to August 26.
This is second such case against Naqvi to be heard in a court in the UAE. The case relates to a cheque worth $217 million (Dh798 million) issued by Naqvi to Sharjah-based Crescent Group founder Hamid Jafar.
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