Former Abraaj Exec Held In Same New York Jail As Mexico's 'El Chapo' Guzman

Former Abraaj managing partner Mustafa Abdel-Wadood is being held in the same Manhattan jail that currently houses notorious Mexican drug lord Joaquin “El Chapo” Guzman, according to the US Federal Bureau of Prisons.
Abdel-Wadood was apprehended at a hotel in New York City, where he was reportedly travelling with his family to shop for colleges for his son. He, along with former chairman Arif Naqvi, are currently facing US charges for allegedly defrauding investors.
According to an online directory of detainees on the Federal Bureau of Prisons’ website, Abdel-Wadood, 49, is currently behind bars at the Metropolitan Correction Center (MCC) in lower Manhattan, which primarily houses detainees facing federal charges in the Southern District of New York, as well as some charges in nearby Brooklyn.
Among the facility’s other prisoners is Joaquin “El Chapo” Guzman - the former leader of Mexico’s Sinaloa Cartel – who was brought to MCC after being extradited by Mexican authorities in January 2017. Through his lawyers, Guzman repeatedly complained about the austere conditions of ’10 South’, MCC’s high-security wing, saying that the conditions hindered his ability to adequately prepare for trial.
His detention at MCC also caused a brief public uproar, as the nearby Brooklyn Bridge was repeatedly closed by police while the cartel boss was transported to a federal court in Brooklyn.
Guantanamo of New York
Although he is not listed on the Federal Bureau of Prisons’ register of detainees, Guzman is reportedly still at MCC awaiting sentencing after being found guilty of 17 criminal charges including drug trafficking, money laundering and murder.
Previous inmates at MCC, which has been dubbed by various American media outlets as the ‘Guantanamo of New York’, have included Bernie Madoff, Gambino crime family boss John Gotti, Russian weapons trafficker Viktor Bout and convicted terrorists Omar Abdel-Rahman and Ramzi Yousef.
The 12-story building, which is situated near New York’s City Hall, is connected to the nearby federal court by a tunnel located 12-metres below street level.
In 2017, New York Attorney Joshua Dratel was quoted by the Los Angeles Times as saying the facility “is worse than Guantanamo.”
“It is about as soul-negating existence as there is in this country in the federal system,” he said.
Last week, Abdel-Wadood pleaded not guilty and is due back in court on April 18.
Arif Naqvi, Abraaj’s founder and ex-CEO, was arrested last Wednesday in the UK and is awaiting possible extradition to the US.
For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
First Abu Dhabi Bank Opens New London Branch, Marking 48 Years In The UK
FAB first entered London through its predecessor National Bank of Abu Dhabi, and the city now serves as a hub for priva... Read more
Estithmar Holding Net Profit Doubles To $128mn In H1 2025
Doha-based investment firm posts revenue of QAR 3.073 billion as international expansion drives growth Read more
UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%
Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more
Joyalukkas Secures AED500m Capital Boost From Emirates NBD For Global Expansion
The deal is fully integrated with Emirates NBD’s advanced digital and trade platforms, offering Joyalukkas real-time ... Read more
UAE Central Bank Suspends Foreign Insurers Motor Business Over Solvency Issues
The CBUAE cited the entity's non-compliance with solvency and guarantee requirements specified in the Law and prevailin... Read more
Standard Chartered Launches UAEs First Sustainable Escrow And Account Bank Solution
New solution enables clients to align cash deposits with sustainability goals through a market-first offering available... Read more