Dubai regulator investigation targets Abraaj senior management

Pedro Gonçalves
clock • 2 min read

Dubai's financial services regulator is focusing on the role of senior management as part of its investigation of the collapsed private equity company Abraaj. "We will use all of our powers to deal with those who are found to be culpable," the regulator said in its 2018 annual report published this week. "This investigation is highly complex, on a wide scale and is being pursued vigorously." "We are focusing our attention on senior management responsible for the conduct of the affairs of the relevant companies and funds, and persons who may have failed in their responsibilities to ide...

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