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Wednesday, May 29, 2019

Abraaj founder released from custody after $19 million bail payment

Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail conditions including the payment of a 15 million pound ($19 million) security, a court official said.


from Reuters: Business News https://reut.rs/2K8mFsN

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Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims. from BBC News https://ift.tt/LHeSC5r