The Key Man: How the Global Elite Was Duped by a Capitalist Fairy Tale
Rs. 2,990.00
Simon Clark & Will Louch
***LONGLISTED FOR THE FT MCKINSEY BUSINESS BOOK OF THE YEAR 2021***
”Impeccably researched and sumptuous in its detail… It”s a page-turner” —TheEconomist
”This book tells the story brilliantly… Well-paced and cleverly organised. It also draws some devastating conclusions” —The Sunday Times
Gripping… The account raises questions over whether ‘impact investing’ and ‘stakeholder capitalism’ are less about poverty alleviation for the world than guilt alleviation for the Davos elite ― Guardian
For an astonishing story of how the global economy can be manipulated, read the devastating account in The Key Man ― David Ignatius, Washington Post
A riveting account of the intertwining of brilliance and greed… Should be a mandatory read at all schools of journalism and business schools. It’s a rare tour de force from which both can learn ― Business Standard, India
An unbelievable true tale of greed, corruption and manipulation among the world’s financial elite and how the World Bank, Bill Gates and the governments of the US, UK, France, and many more fell victim to the world’s largest private equity Ponzi scheme ― Harry Markopolos, the Bernie Madoff whistleblower
The rigour and colossal effort that went into this book transpires on each page. There is no dull moment. It is 300 pages of reading pleasure mixed with serious discomfort at what is being presented ― Ludovic Phalippou, professor of Financial Economics at Saïd Business School, University of Oxford
This splendid cautionary tale lays bare the vulnerabilities of the world of high finance, where even the grandees of Davos were marks for the kid from Karachi ― John Helyar, coauthor of Barbarians at the Gate
A highly readable reminder of how greed and gullibility so often go together, and why we need good investigative journalism to keep reminding us that if the pitch (and the person doing the pitch) look just too good to be true there is probably something fishy going on behind the scenes ― Professor Sir David Omand, former director of GCHQ and author of How Spies Think
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In this compelling story of greed, chicanery and tarnished idealism, two Wall Street Journal reporters investigate a man who Bill Gates and Western governments entrusted with hundreds of millions of dollars to make profits and end poverty but now stands accused of masterminding one of the biggest, most brazen frauds ever.
Arif Naqvi was charismatic, inspiring and self-made. The founder of the Dubai-based private-equity firm Abraaj, he was the Key Man to the global elite searching for impact investments to make money and do good. He persuaded politicians he could help stabilize the Middle East after 9/11 by providing jobs and guided executives to opportunities in cities they struggled to find on the map. Bill Gates helped him start a billion-dollar fund to improve health care in poor countries, and the UN and Interpol appointed him to boards. Naqvi also won the support of President Obama”s administration and the chief of a British government fund compared him to Tom Cruise in Mission: Impossible.
The only problem? In 2019 Arif Naqvi was arrested on charges of fraud and racketeering at Heathrow airport. A British judge has approved his extradition to the US and he faces up to 291 years in jail if found guilty.
With a cast featuring famous billionaires and statesmen moving across Asia, Africa, Europe and America, The Key Man is the story of how the global elite was duped by a capitalist fairy tale. Clark and Louch”s thrilling investigation exposes one of the world”s most audacious scams and shines a light on the hypocrisy, corruption and greed at the heart of the global financial system.
About the Authors
Simon Clark is a Wall Street Journal reporter based in London. His investigative reporting has led him to the poppy fields of Afghanistan, the copper mines of Congo and to many banks in the City of London. He was nominated for a Pulitzer Prize in 2016. He lives in Lewes, England.
Will Louch is at law school in London. He was previously a Wall Street Journal reporter covering private equity in London and New York. Before that, he was based in Brussels where he wrote about European politics.
Book Specifications
Title: The Key Man: How the Global Elite Was Duped by a Capitalist Fairy Tale
Author: Simon Clark & Will Louch
Language: English
Binding: Paperback
Pages: 352
Weight:
Published Year: 2021
Publisher: Penguin Business
ISBN: 9780241439128
Dimensions:
Print size: Please feel free to drop us a message.
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