Abraaj’s alleged misuse of money said to extend beyond healthcare fund

Abraaj CEO Arif Naqvi
Arif Naqvi, chief executive officer of Abraaj Capital Ltd., speaks at the Milken Institute Asia Summit in Singapore, on Friday, Sept. 15, 2017. Photographer: Vivek Prakash/Bloomberg

Two separate examinations into the alleged misuse of money at embattled Middle Eastern investment firm Abraaj Group found potential irregularities in its $1 billion health-care fund as well as its other vehicles, according to people with knowledge of the matter.

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