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
mr.shm oman,indian language starting with ooo nt aaa....ok...and our hindu mantra contains the magical word ooomh...so as you its nt aaa ok its ooo i.e. ooomh for hindus...so our god nt starts with aaa...its starts with ooo....for your kind information this world contains OOO nt aaa....ok....so without....ooo world could not be completed....there is no existence of aaa in this world....ooo contains in world and aaa contains in man only not in women...we hindu so called the world mother.. in mother also ooo your aaa is missing....and mother gives birth to a man...here your aaa...so your aaa is child of ooo...get it....we hidus dnt know when our god bramha bisnu maheswar took birth....bt you knw the date of birth of your god...so world comes first dn women dn women gives birth to man i.e. ooo gives birth to aaa.omh namo basudevai,om namo sivai,om namo brahmhai....our chants starting with ooo...and recent research said that it increase metabolic activity of human body
Mr Zakir Naik,
As you says In Islam all Muslim Pray to Only Allah (One God), then why there are different mosques for Shia & Sunni? they should go to one mosque right?
Secondly, if Muslim Marry to Hindu & Muslim girl ( two wife ) will go to hell or is it accepted in Islam
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