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News about NMC
Stay current with all the latest and breaking news about NMC, compare headlines and perspectives between news sources on stories happening today. In total, 114 stories have been published about NMC which Ground News has aggregated in the past 3 months.
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NMC · DubaiDubai’s DIFC Court has ordered Indian businessman BR Shetty to pay around $46 million. The court found that Shetty falsely testified under oath about a personal guarantee related to a $50 million loan in 2018. Justice Andrew Moran criticized Shetty’s statements, describing them as “an incredible series of lies and contradictory claims,” supported by extensive documents and signature verifications. An interest rate of 9% annually will accrue unti…See the Story
Dubai Court Hands Down Landmark Verdict Against Indian Tycoon BR Shetty
NMC · United KingdomBig Four firm EY UK was accused of being “grossly negligent” and failing in its most fundamental audit duties over seven years, allowing a massive fraud to continue and ultimately causing NMC’s financial collapse. The mammoth £2.7bn legal battle between EY and its former clients, a London-listed health giant that collapsed after allegations of fraud, began its closing arguments at the High Court this week. The administrators of private hospital …See the Story
