Arif Naqvi Biography
Arif Masood Naqvi (born 13 July 1960 in Karachi, Pakistan) is a Pakistani-Kittitian businessman and convicted finance fraudster who was sentenced in 2019 for 3 years within the United Arab Emirates for monetary fraud. Previously, he was arrested on the fifth of April 2019 within the UK on US fraud fees after allegedly misappropriating $230 million from a healthcare fund..
Arif Naqvi started his profession with Arthur Andersen in London and American Express in Karachi. In the early Nineteen Nineties, he joined the Olayan Group in Saudi Arabia, the Kingdom’s largest buying and selling firm. In 1994 he began an funding agency in Dubai known as Cupola with $50,000 of his personal financial savings. In 1999, Naqvi bought Inchcape Middle East, for $102 million, with $4.1 million in fairness, making it the MENA area’s first leveraged buyout. Naqvi then offered off items of the corporate for a complete of $173 million.
|Date of Birth
|62 years, 6 months, 16 days
|Place of Birth
In April 2019, Naqvi was arrested within the U.Okay. and faces extradition to the U.S. on fees of inflating firm property and fund misappropriation. However, in early May 2019, he was granted bail by a London courtroom, for a report sum of 15 million British kilos (US$20 million) however positioned underneath what was successfully home arrest.
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Arif Naqvi Height
Arif Naqvi’s height Not accessible right now. weight Not Known & physique measurements will replace quickly.
Arif Naqvi Net Worth
Arif Naqvi is likely one of the richest Banker & listed on hottest Banker. According to our evaluation, Wikipedia, Forbes & Business Insider, Arif Naqvi‘s net worth $5 Million.
|Source of Income
|Living in personal home.
Facts & Trivia
Ranked on the listing of hottest Banker. Also ranked within the elit listing of well-known movie star born in Pakistan. Arif Naqvi celebrates birthday on July 13 of yearly.
Naqvi is named a collector of artwork and for establishing a set of Middle Eastern artwork. In 2018, artwork owned by Naqvi was offered by means of Christie’s for £2 million.
Who is Arif Naqvi dating?
According to our data, Arif Naqvi married to Fayeeza Naqvi. As of May 2022, Arif Naqvi’s will not be dating anybody.
Relationships Record: We don’t have any data of previous relationships for Arif Naqvi. You might assist us to construct the dating data for Arif Naqvi!
In 2018, he was accused by buyers of misappropriating funds, resulting in the provisional liquidation of The Abraaj Group. The firm can be underneath investigation by Dubai regulators.
Ethnicity, religion & political beliefs
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As per public useful resource, IMDb & Wikipedia, Arif Naqvi’s ethnicity is Not Known. We will replace Arif Naqvi’s religion & political beliefs on this article. Please verify the article once more after few days.
In 2002, Naqvi based Abraaj Capital, and in 2012 the corporate merged with Aureos Capital to turn into The Abraaj Group. As of March 2018, Arif Naqvi has stepped down as CEO of The Abraaj Group, because the Company has turn into the topic of a number of investigations concerning its fund administration practices.