Company Insights NMC Health Health NMC Health News Health NMC Healthcare founder BR Shetty faces $4bn lawsuit Administrators have filed a $4 billion lawsuit against the founder of NMC Healthcare BR Shetty and its former chief executive, related to allegations of fraud which led to its demise in 2020. Legal claims have been made in the UK and Abu Dhabi centred around Shetty, Prasanth Manghat and the Bank of Baroda, as reported […] July 12, 2023 Analysis Banking and Finance NMC scandal is watershed moment for UAE businesses Revelations about the scale of hidden debts spark debate in the UAE about the need for more rigorous bank loan checks and company auditing The ongoing legal battles surrounding the NMC Healthcare, the largest private healthcare provider in the United Arab Emirates (UAE), has been a big learning curve for how businesses manage their financial […] May 19, 2022 Posts navigation Previous 1 2
Health NMC Healthcare founder BR Shetty faces $4bn lawsuit Administrators have filed a $4 billion lawsuit against the founder of NMC Healthcare BR Shetty and its former chief executive, related to allegations of fraud which led to its demise in 2020. Legal claims have been made in the UK and Abu Dhabi centred around Shetty, Prasanth Manghat and the Bank of Baroda, as reported […] July 12, 2023
Analysis Banking and Finance NMC scandal is watershed moment for UAE businesses Revelations about the scale of hidden debts spark debate in the UAE about the need for more rigorous bank loan checks and company auditing The ongoing legal battles surrounding the NMC Healthcare, the largest private healthcare provider in the United Arab Emirates (UAE), has been a big learning curve for how businesses manage their financial […] May 19, 2022
