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 U.S. and is due to appear in court in London on Thursday, according to filings in the court. Mr. Vettivetpillai couldn’t be reached for comment.

Source: Wall Street Journal April 18, 2019 11:03 UTC