MUMBAI/DUBAI, Oct 12 (Reuters) – Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion dollar financial scandal engulfing his group.
MUMBAI/DUBAI (Reuters) – Indian entrepreneur BR Shetty has filed a complaint with federal investigative agencies in India seeking a probe into two former top executives of his companies and two Indian banks related to a multibillion dollar financial scandal engulfing his group.
Two former top execs connived with bankers and auditors to launder money, he alleges
The founder of hospital chain NMC Healthcare and UAE Exchange has sent a written complaint to the Central Bureau of Investigation and Enforcement Directorate, urging them to probe the alleged embezzlement, corruption and laundering of money of his companies.
Charges against Shetty, the founder of NMC Health, a healthcare provider in the United Arab Emirates (UAE), include under-reporting of debt and not using it for the purpose they were raised for
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Instances of payment frauds have been increasing over the last three months in the wake of the Covid-19 pandemic. Fraudsters have been using various techniques to defraud customers via digital payments platforms for months now and complaints of such instances have risen in recent months. Tactics have changed along the ...