Talk:Arif Naqvi

Latest comment: 6 years ago by Huon in topic Request for help

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ARTICLE IMPROVEMENTS

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Hello. As some of you may be aware, a number of references and some factual information could be added to this article. In the interest of transparency I am declaring that I work for The Abraaj Group. I would like to work with external editors to ensure that this Wikipedia article is accurate - please review the suggestions below and change as necessary. Thank you.

Career

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Suggest to restructure the paragraph for clarity:

Arif Naqvi began his career with Arthur Andersen in London and American Express in Karachi. In the early 1990s, he joined the Olayan Group in Saudi Arabia, the Kingdom’s largest trading company. In 1994 he started an investment firm in Dubai called Cupola with $50,000 of his own savings.[1] In 1999 Naqvi purchased Inchcape Middle East, for $102 million, with $4.1 million in equity. Naqvi then sold off pieces of the company for a total of $173 million

In 2002 Naqvi founded Abraaj Capital, and in 2012 the company merged with Aureos Capital to become The Abraaj Group.[2] Panoramic86 (talk) 09:01, 28 December 2015 (UTC)Reply

The Abraaj Group

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Suggest to enhance this section with a description of Arif Naqvi's investment philosophy and the group's investments.

One of Naqvi’s first major deals at Abraaj was to take over Nasdaq-traded logistics company Aramex. Abraaj paid $65 million for the majority of the company; Aramex went public again on the Dubai stock exchange three years later.[3] Other transactions include Acibadem Healthcare Group which Abraaj exited through an IPO [4], and Integrated Diagnostic Holdings.[5] [6] Companies Abraaj has invested in over the years include UAP Holdings,[7], K-Electric,[8] Gaston Acurio’s Acurio Restaurantes,[9] KPN Academy, Fan Milk,[10] Libstar,[11] Hepsiburada,[12] Kudu,[13] Urbano [14] and Careem."[15]

Per Naqvi’s philosophy on cities playing a key role in global economic growth,[16] The Abraaj Group has pursued a city-centric investment strategy. Currently Abraaj has more than 200 investments in growing markets including sub-Saharan Africa, Southeast Asia, the Middle East and North Africa.[17] Panoramic86 (talk) 09:01, 28 December 2015 (UTC)Reply

Philanthropy

In addition to Arif Naqvi's work with the Bill and Melinda Gates Foundation, his family had established the Aman Foundation, a local, not for profit trust in Pakistan in 2008. Suggest to add the following:

In 2008, Naqvi and his family established the Aman Foundation, a local, not-for-profit trust in Pakistan, focusing on Health, Nutrition and Education through direct intervention.[18] and [19]

  • Healthcare – Development and implementation of healthcare systems including Emergency Medical Response, Community Health Workers, and TeleHealth initiatives to Mother-and-Child Hospitals.[20]
  • Nutrition – Provision of nutritious and hygienic meals to school children. [21]
  • Education and Skills – A Vocational Training Institute for unemployed and untrained youth and Teach For Pakistan, a program for graduates and young professionals to teach in under-resourced schools.[22] Panoramic86 (talk) 09:01, 28 December 2015 (UTC)Reply

Recognition and Thought Leadership

Suggest to add his latest awards and recognition in the last paragraph

Arif Naqvi received the 2014 High-Impact Entrepreneur of the Year from Endeavor Global.[23] In 2015 Naqvi was awarded with the BNP Paribas Grand Prix for Individual Philanthropy by BNP Paribas.[24] Panoramic86 (talk) 09:01, 28 December 2015 (UTC)Reply

Request partially fulfilled (see template comment). Regards, VB00 (talk) 04:05, 31 December 2016 (UTC)Reply

References

  1. ^ http://www.forbes.com/sites/elizabethmacbride/2015/11/04/the-story-behind-abraajs-stunning-rise/
  2. ^ https://www.gsb.stanford.edu/faculty-research/case-studies/abraaj-group-making-global-private-equity-firm
  3. ^ http://www.forbes.com/sites/elizabethmacbride/2015/11/04/the-story-behind-abraajs-stunning-rise/
  4. ^ http://dealbook.nytimes.com/2012/07/12/malaysian-hospital-firm-ihh-healthcare-raises-2-billion-in-i-p-o/?_r=0
  5. ^ 2http://www.ft.com/intl/cms/s/0/f1672bd4-9b25-11e4-b651-00144feabdc0.html
  6. ^ http://www.abraaj.com/news-and-insight/annual-review-2015/message-from-the-founder
  7. ^ http://www.thenational.ae/business/economy/abraaj-sells-stake-in-uap-holdings
  8. ^ http://www.reuters.com/article/pakistan-electricity-abraaj-idUSL6N0PB1UO20140630
  9. ^ http://www.wsj.com/articles/chef-gaston-acurio-the-man-behind-perus-culinary-ascent-1413160765
  10. ^ http://www.forbes.com/sites/elizabethmacbride/2015/11/04/the-story-behind-abraajs-stunning-rise/
  11. ^ http://www.reuters.com/article/abraaj-safrica-libstar-idUSL6N0S30M820141008
  12. ^ http://www.ft.com/intl/cms/s/0/7257c686-b92b-11e4-a8d0-00144feab7de.html
  13. ^ http://empea.org/newsroom/industry-news/the-abraaj-group-and-tpg-invest-in-kudu-mena
  14. ^ http://www.thenational.ae/business/economy/abraaj-takes-majority-stake-in-latin-american-courier-urbano
  15. ^ http://www.wamda.com/2015/11/careem-raises-60m-series-c
  16. ^ http://www.ft.com/intl/cms/s/0/0221bb6e-cb9d-11e3-8ccf-00144feabdc0.html
  17. ^ http://www.forbes.com/sites/elizabethmacbride/2015/11/04/the-story-behind-abraajs-stunning-rise/
  18. ^ http://www.theamanfoundation.org/about-amanfoundation/overview/
  19. ^ http://www.familyplanning2020.org/entities/172/commitments
  20. ^ http://www.theamanfoundation.org/about-amanfoundation/overview/
  21. ^ http://www.theamanfoundation.org/about-amanfoundation/overview/
  22. ^ http://www.theamanfoundation.org/about-amanfoundation/overview/
  23. ^ http://www.endeavor.org/in-the-news/2014-endeavor-gala/
  24. ^ http://www.philanthropyage.org/2015/06/29/dubai-entrepreneur-arif-naqvi-wins-philanthropy-award/
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Hello fellow Wikipedians,

I have just modified 4 external links on Arif Naqvi. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:

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Change the content with old content

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Dear team, I am informing you that I have mistakenly change the content with my own content. please revert this content with the old one. — Preceding unsigned comment added by Ak47hamza (talkcontribs) 12:08, 1 August 2017 (UTC)Reply

Question for administrator

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{{help me}} We are a firm of English lawyers. We act for the subject of this article. We believe that this page could be edited so as to more accurately reflect the factual position. We hope to hear from you soon so that we can set out the position in greater detail. Thank you for your assistance. SimkinsLLP (talk) 15:39, 2 October 2018 (UTC)Reply

I am replacing your "adminhelp" template with "help me", because nothing you ask for requires administrative tools. I am also disabling it for now, because while you say "hope to hear from you soon so that we can set out the position in greater detail ", there is nothing anyone can do to help you until you tell us specifically what changes you want. When you are ready to specify the changes you want, pleased edit here again, and re-enable the "help me" template. (Instructions on how to do so will be visible when you edit here.) The editor who uses the pseudonym "JamesBWatson" (talk) 16:32, 2 October 2018 (UTC)Reply

Request for help

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I am writing on behalf of Simkins LLP, a firm of lawyers representing Mr Arif Naqvi.

Our only aim in writing is to ensure that the content of Mr Naqvi’s Wikipedia page is accurate and the facts are fairly represented.

Recently, there has been a pattern of behaviour by one or more individuals who seem intent on adding false and defamatory statements to Mr Naqvi’s Wikipedia entry.

Specifically, we would like to draw your attention to the following points which need to be addressed:

• “He is currently accused of criminal misappropriation of investor funds and is being investigated by the regulators.” The word “criminal” was added to this sentence this morning. There is nothing in the citation article by the Financial Times that states that these allegations are of “criminal misappropriation”. The word “criminal” should therefore be removed, as it is unsupported by the citation and is false and misleading. Additionally, the Financial Times article states that “The Dubai Financial Services Authority, the regulator for the city-state’s financial zone, is investigating Abraaj”. Therefore reference to “regulators” (in the plural) is an inaccurate reflection of the article and the true position.

• Categories: Pakistani fraudster. The inclusion of Mr Naqvi’s Wikipedia page in this category is false and defamatory. Mr Naqvi has never been convicted of fraud, or indeed of any offence at all.

The above are just two examples of the numerous false and defamatory edits that have been made to Mr Naqvi’s Wikipedia entry, predominately (but not exclusively) by users “Pollock’s” and “178.152.98.2”. It is our aim to engage with the editors of this page in a manner that is entirely open and transparent, whilst at the same time trying to ensure both that this Wikipedia entry is accurate and that Mr Naqvi’s rights are not infringed in any manner.

Accordingly we would request that in addition to the above changes being considered, editors of this page are vigilant to the ongoing risk of inaccurate and defamatory changes to this page, and strive to maintain its truthfulness and accuracy. Thomas.simkins (talk) 18:58, 8 October 2018 (UTC)Reply

I agree that the "fraudsters" category and the "criminal misappropriation" had to go and have removed those. "Regulators", though, is shorthand for "the relevant regulatory authority", which isn't just a single person. Huon (talk) 20:51, 8 October 2018 (UTC)Reply

Thank you for your assistance in correcting the factual accuracies flagged up above. As part of the revisions of User:Huon, the following wording was added to the second sentence of this page: “leading to… the liquidation of his company”. In the interest of factual accuracy, it is not correct to say that any of Mr Naqvi’s companies has been or is currently in “liquidation”.

In fact, joint provisional liquidators have been appointed in the Cayman Islands in relation to Abraaj Capital. This is a court-supervised restructuring process, which in fact provides a blanket protection against liquidation, in an attempt to restructure the business and pay back its creditors. It is therefore misleading to say that Abraaj Capital, or any affiliated company, is in “liquidation”.

We appreciate that the terminology here is confusing, but the appointment of joint provisional liquidators in the Cayman Islands is not the same process as “liquidation” as it is understood in the United Kingdom and elsewhere. We have included some articles below which explain these points in further depth, and the latter includes a statement from one of the joint provisional liquidators:

https://www.reuters.com/article/us-abraaj-court/provisional-liquidators-appointed-to-oversee-dubai-based-abraaj-capital-difc-courts-idUSKBN1L10D7

https://www.ft.com/content/da22a2e4-73af-11e8-b6ad-3823e4384287

On a separate note, we are aware that on 27 September 2018, the user “Pollock’s” removed from Mr Naqvi’s Wikipedia page a sentence under the “Philanthropy” heading (“In October 2012, Naqvi and Bill Gates, Co-chair of the Bill & Melinda Gates Foundation, signed a five-year framework agreement on family planning and health in Pakistan.[8]”), as well as the entire “Recognition and board memberships” section..

In the interests of Mr Naqvi’s page presenting an objective and unbiased account of the facts of his life, we cannot see why all of this information was removed. The user in question, User:Pollock’s, is the same user who has been adding false and defamatory information to the page, including the “Pakistani fraudsters” category, which has helpfully now been removed.

We would suggest therefore, in the interests of balance and fairness, that these sections be restored to how they appeared on 10 September 2018 (https://en.wikipedia.org/w/index.php?title=Arif_Naqvi&oldid=858891013), as the content involved was reliably sourced, factually correct and neutrally written.Thomas.simkins (talk) 16:13, 9 October 2018 (UTC)Reply

Regarding "liquidation", I'll add the missing "provisional". "Provisional liquidation" seems to be the term most commonly used, though there are also sources who bluntly call it a "liquidation process". Even the Reuters source you gave yourself speaks of "winding up" the company, something that doesn't sound like "restructure and carry on" to me. (I don't have access to the FT, so I can't read that article.)
Regarding Pollock's' edits, I assume we're talking about this sequence of edits. The content that was removed about both the "five-year framework agreement" and the "Recognition and board memberships" was extremely poorly sourced. In addition to the Sitara-i-Imtiaz (which Pollock's left) I'd say the award by BNP Paribas can also be salvaged, but the entire rest is little more than celebrity gossip, trivial passing mentions, and self-sourced spam. Removing that content is entirely appropriate since "balance" on Wikipedia means covering the various aspects of a subject in proportion to the attention they have received by reliable sources: Having lots of weakly-sourced "nice" content is thus not balancing the article but rather unbalancing it. Huon (talk) 18:58, 9 October 2018 (UTC)Reply