Abraaj founder fined staggering $135M by Dubai regulator
Published on: Wednesday 26 January 2022
A regulatory body in Dubai said Thursday it is imposing a staggering fine of $135.5 million on the Pakistani-born founder of Abraaj Group, the now defunct Mideast private-equity firm accused of fraud.
News source: https://www.mysanantonio.com/news/article/Dubai-regulator-issues-massive-fine-on-Abraaj-16808197.php