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Third Abraaj executive arrested in London

Sev Vettivetpillai has been arrested for extradition to the US

A third former Abraaj Group executive has been arrested in London following last year’s collapse of the largest private equity firm in emerging markets.

Sev Vettivetpillai, a former Abraaj managing partner, has been arrested for extradition to the US and is due to appear in court in London on Thursday, according to filings in the court. Vettivetpillai could not be reached for comment.

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