ABU DHABI -- The Arab Monetary Fund said it received $14 million from First National Bank of Chicago to settle a legal dispute.

The dispute involve Jawad Hashim, former president of the pan-Arab fund, who has been charged with misappropriation of funds and will be tried by British courts in January.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.