MANGALURU : From Udupi to the United Arab Emirates (UAE), billionaire businessman Bhavaguttu Raghuram Shetty’s (B.R Shetty’s) journey was nothing short of remarkable until 2019, when allegations of misappropriation of money and other fraudulent practices surfaced in the companies he owned, mainly London-listed NMC Health Plc.
In a two-page statement issued on Wednesday, Shetty finally broke his silence, claiming innocence in the alleged financial irregularities in NMC Health and said he is pursuing legal action and remedies. “...The preliminary findings provided by my advisors and from my own investigations indicate that serious fraud and wrongdoing appears to have taken place at NMC and Finablr PLC (‘Finablr’), as well as within some of
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