BR Shetty seeks India probe of former NMC, Finablr CEOs over $6 billion scandal

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Mon, 2020-10-12 07:33

MUMBAI/DUBAI: Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion-dollar financial scandal engulfing his group.
Several companies linked to Shetty, including top United Arab Emirates hospital operator NMC Health PLC and payments firm Finablr PLC, have come under severe financial strain this year after short-seller Muddy Waters questioned NMC’s financials.

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