![Arif Naqvi, chief executive officer of Abraaj Capital Ltd., pauses during a Bloomberg Television interview in London, U.K., on Monday, Jan. 18, 2016. Brent crude fell to a 12-year low in London, briefly dipping below $28 a barrel, after the lifting of international sanctions on Iran paved the way for increased supply amid a global glut. Photographer: Luke MacGregor/Bloomberg *** Local Caption *** Arif Naqvi](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/G6K333JHPZ6GMQ7JZJY6JVVVSM.jpg?smart=true&auth=8b76b220bb705832d33ca7f024e7374032f8eed59a4805b96f16ff1d6dc264bb&width=400&height=225)
Arif Naqvi, founder of The Abraaj Group, is awaiting possible extradition to the US. Bloomberg photo
Arif Naqvi, founder of The Abraaj Group, is awaiting possible extradition to the US. Bloomberg photo
US court filing alleges $230m fraud by Abraaj founder Arif Naqvi
Court papers in New York claiming the private-equity company misappropriated money from a health fund, led to the arrest of former group CEO in London