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UK court orders asset freeze of NMC founder BR Shetty, other company executives
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The order was secured by NMC’s biggest creditor, Abu Dhabi Commercial Bank
by Staff writer
February 16, 2021
A court in London has ordered a worldwide freezing order on the assets of BR Shetty, founder of UAE-based NMC Health, as well as other senior former executives of the company.
The order was secured by NMC’s biggest creditor, Abu Dhabi Commercial Bank (ADCB), which has exposure of more than $1bn to the group,