Newsroom, Apr 30: Beleaguered billionaire B R Shetty, who went into hiding after after a multi-billion fraud at UAE-based NMC Health came to light, has now put the blame on his companies employees.
The former chairman of the Abu Dhabi headquartered hospital operator said, investigations he commissioned found following things:
1. The fraudulent creation and operating of bank accounts in my name including many fraudulent transfers that I neither authorised, consented to, or had any knowledge of.
2. The fraudulent creation of loans, personal guarantees, cheques and bank transfers in my name, and using my forged signature, that I neither authorised, consented to, or had any knowledge of.
3. The creation and set-up of companies in my name that I neither authorised, consented to, or had any knowledge of, and that were seemingly created with the express intention to commit or conceal fraud.
4. The fraudulent creation of powers of attorney, and the misuse of existing powers of attorney, again in my name, that I that I neither authorised, consented to, or had any knowledge of.
5. The creation and provision to me of false and misleading financial statements and information regarding the performance of some of my private companies and investments by members of my own management team.
6. The payments of expenses using my private companies and personal bank accounts, I believe to hide the true financials of the public companies."
This is the first time Dr. Shetty, who is reportedly hiding in India for the last couple of months, issued a statement based on investigations he commissioned privately. He had brought in a consultancy to conduct it after initial revelations came to light that NMC Health had not been fully transparent with its finances.
Dr. Shetty had stepped down as executive chairman after the then Board of Directors barred him from attending any meetings. “I intend to work tirelessly to clear my name and assist any authorities in getting to the truth and help them ensure that misappropriated or missing funds are returned by the perpetrators to their rightful owners,” said Dr. Shetty.
This month, ADCB, which has the highest exposure among UAE banks to NMC Health, brought charges against five former officials, including ex-board of directors, with Abu Dhabi prosecution. The former CEOs of NMC Health and Finablr are also currently not in the UAE.
Mangaluru, Mar 3: A woman, who was said to have tested positive for A (H1N1) virus, popularly known as swine flu, died at a private hospital in the city.
Comments
Shady stock brokers will try to sell speculative stocks to
clients who hve expressed preference inn investing in low-risk, steady
growth stockos that have less risk of sustaining capital loss.
The creation died a sudden death, its principles by no means realized, and through all
those time individuals reproduced docments manually using
longhand. You can save resources when you only have to
log in to tthe internet to buy your needs.
Heere is mmy webpage su kacagi tespit cihazi: https://www.youtube.com/watch?v=ToednXFnemk
Yet another substantial result associated with the ressearch
indicated that the label applied too the product packaging or caftridges marke
as 'Comprising No Nicotine' in reality has nicotine.
Technological advancements today have led tto the creation of the new electtronic cigarette, a device tht aims to
hewlp evven the most seemingly hopeless smoker too
quit. It is ridiculous that I have never been to law school and do noot make it
a habit of studying thhe law, yet I had to tell them what their own law was.
my web page; elektronik sigara tütünü: http://gzomh42-1011523553.pen.io/
Yet another substantial result associated with the research indicated that
the labe applied tto the product packaging orr cartridgess marked as 'Comprising No Nicotine' in reality has nicotine.
Secondly, when dscussing health aand safety, you have to take
into account the health and safety of people who smoke
traditional tobacco cigarettes. After advertising on Craigslist,
he soon had a huge customer bse in Cerritos and the surrounding areas.
Visit my web-site elektronik sigara gen: http://re.vu/summeroffice98
Researchers hasv? createed a t?chnique ff?r
activating organic signaps through tthe skin of a living animal ut?lizing light.
My blog - Tianeptine Sodium: https://noots4less.com/product/tianeptine-sodium/
Don't make assumptions based on names that imply savings such as Budget, Dollar and Thrifty.
This not only requires creative thinking, but the intestinal fortitude to pursue new ideas and deal with
periodic setbacks. That is why our incentive program are made to be an unique one where you will experience something new something unique every time.
My web page ... antalya
araç Kiralama Havalimani: http://www.cognoschina.net/home/link.php?url=http://www.xa999.com/hi/li…
????????????? ?? ?????.
?????? ???????????? ???????.
??? ????????, ??? ????????? ? ???? ???? ????? ??????
????????? ???????.
My blog :: ?????? ??????: http://ludovodka.ru
Add new comment