Abraaj founder Arif Naqvi fights in court against extradition to US - Arabianbusiness:
Attorneys for Arif Naqvi, the embattled founder of collapsed private equity firm Abraaj Group, are arguing in court that the UK should refuse American requests to extradite him to the US to face fraud charges.
Naqvi is one of six people facing US charges that the firm defrauded a number of investors, including the Bill & Melinda Gates Foundation.
In court, Naqvi’s lawyers are arguing that London was the hub of Abraaj’s operations before its collapse in 2018, in addition to family ties to the city.
“If the group had a beating heart it was in Dubai, but its mind and control was wherever Arif was, which was often in London, which is where the main investor coverage operation was,” former Abraaj general counsel was quoted as saying in the defence’s skeleton argument.
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