9780062996213

0062996215

9780062996220

"In this compelling story of greed, theft, and the dark underbelly of globalization and impact investing, two Wall Street Journal financial reporters investigate the shocking collapse of Abraaj-the largest private-equity failure in history-and the\ face behind its glimmering rise and catastrophic fall"-- Provided by publisher.

The founder of Abraaj, a Dubai-based private-equity firm, Arif Naqvi was the key man to the global elite searching for impact investments to make money and do good. He persuaded politicians he could help stabilize the Middle East after 9/11; Bill Gates helped him start a $1 billion fund to improve healthcare in poor countries. In 2018 Clark and Louch were contacted by an anonymous whistleblower who said Naqvi had swindled investors out of hundreds of millions of dollars. After their story broke in April 2019 Naqvi was arrested on charges of fraud and racketeering, and faces up to 291 years in jail. Clark and Louch shine a light on how the global elite were duped by a fairy tale. -- adapted from jacket

The boy from Karachi

A glittering oasis

Now we rule

The great showman

Karachi electric

Arab Spring

Impact investing

The cult of Abraaj

Turks will always drink milk

Cash crunch

Dream weavers

Healthy lives

Breathe, smile, say alhamdullilah, and proceed

America first

Doubling down

Peak Abraaj

Don't make nice with a fraudster

Keys to the kingdom

Flight risk.

Investment advisors > Great Britain > Biography.

Swindlers and swindling > Great Britain > Biography.

Investment advisors > Corrupt practices.