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.
Comments
If we Muslims bow down , We bow down to only the lord of the worlds, a creator who created U, me and all that exists.
We must bow down in humility to Almighty God only, not his creation which is man made.
Physically we should bow down somewhere, and naturally to some direction. If we were to do it right now, we would be bowing towards a random direction. our physical presence on earth forces this upon us as a prostrating Believer to GOD almighty, whether you like it or not.
The bowing down to God Almighty in the direction of the KAABA or the city of Mecca in general is a way to UNIFY all MUSLIMS to bow down to God Almighty, as one body and one unity, towards ONE DIRECTION & towards the mosque.
As to WORSHIPING the cubic black bldg. the Kaaba, We absolutely DO NOT WORSHIP IT.
I will repeat what aharkul mentioned : Umar RA came near the black stone and kissed it and said \ NO doubt, I know that YOU are a STONE and Can neither Benefit anyone NOR Harm anyone. Had i not seen ALLAH's apostel (Prophet Muhammed pbuh) kissing you, I would not have kissed YOU.
While there are traditions about kissing or touching the stone, its real significance is a MARKER of the point at which one starts the tawaaf (Circumambulation) .. A stone is just a stone."
Mr. Nothing But True, Listen Why Muslim Kissing the black stone in KAABHA because our Great Prophet (S.A) kissed the black stone which is braught from Heavan by Angels. Becuase of this only all Muslim Brother's and Sisters kissing Black Stone of Kaabha following the sunnah of Our Prophet (S.A.) Nothing Else.
Umer (R.A) before kissing the black stone said that there is no any special with you . I am kissing because our prophet (S.A.) kissed you. So Everyone should worship one god and not the creation.
Mr. Reality..you look like \Shishlya\" of Mr. Zoker Naik..before preaching others about Creator and Creation, why can't you apply this principle to yourself? WHY ARE YOU KNEELING TOWARDS AND KISSING \"THE BLACK STONE\" IN KAABA? Please throw the stone to Garbage..."
NA TASYA PRATIMA ASTI... There is no image of God
Bhagwad Geeta says in Chapter 7 Verse 20.
Those whose intelligence has been STOLEN by MATERIAL desires WORSHIP demigods besides the TRUE GOD.
It is mentioned in chandogya upanishad, Propathaka chapter 6, Khanda seciton 2, Shloka
EKAM EVADITIYAM : He is ONE only without a second.
Then Y are worshiping idols and different man made creative gods which cannot help themselves.. How can you guys not using your intellect when your OWN SCRIPTURES says not to DO SO>>>
Its HIgh time hindu brothers should know the REALITY and consequences it will take when we ignore the CREATOR and worship the CREATION.
WORSHIP THE CREATOR NOT HIS CREATION.
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