NEW YORK (Reuters) – A former government of collapsed Dubai non-public fairness agency Abraaj Capital Ltd on Friday pleaded responsible to U.S. fraud and conspiracy expenses, admitting that he lied to buyers concerning the agency’s monetary well being and monitor report.

FILE PHOTO: Abraaj Capital Chief Government Officer Mustafa Abdel Wadood speaks throughout an interview on the Reuters Center East Funding Summit in Dubai October 24, 2011. REUTERS/Jumana El Heloueh

Former Abraaj Managing Accomplice Mustafa Abdel-Wadood, 49, entered his plea earlier than Justice of the Peace Decide Gabriel Gorenstein in Manhattan. He has agreed to cooperate with U.S. prosecutors in a prison fraud…

Source link