NMC Healthcare founder BR Shetty held liable for $5.4 billion fraud in Abu Dhabi - All you need to know about the case
Mint · Bobins Vayalil Abraham ·
A UAE court held NMC Health co-founder BR Shetty and former CEO Prasanth Manghat liable for knowingly participating in fraudulent trading, including concealing billions in borrowings. The court set $5.397 billion as starting point for assessing their contributions to NMC’s assets.