Private Equity

Abraaj Group founder loses court appeal to halt US extradition

Arif Naqvi is wanted in the US to face fraud charges

The founder of the collapsed private equity company Abraaj Group has lost an appeal to the UK’s High Court to challenge his extradition from the UK to the US where he is wanted to face fraud charges.

In the High Court in London on 8 March Judge Jonathan Swift refused Arif Naqvi’s bid to bring a last-ditch judicial review against the 2021 approval of his extradition to the US.

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