NMC’s Shetty says he will return to UAE to help with fraud probe

DUBAI: NMC Health founder BR Shetty said on Saturday he planned to the return to the UAE and denied reports he had fled the country after the hospital group’s implosion under a mountain of previously undisclosed debt.

NMC went into administration in April following months of turmoil over its finances and the discovery that it has $6.6 billion in debt, well above earlier estimates.