At a time when the Supreme Court in London decided today, Thursday, to impose legal guardianship on "NMC" health care company at the request of Abu Dhabi Commercial Bank, and with the announcement of the new CEO of the company, Faisal Belhoul, not to reach an agreement with the creditors, the company founder said, Former Chairman of the Board of Directors, BR Shetty, in a mysterious statement from his headquarters in India this evening, said that he was "respectful of legal and regulatory procedures, and to allow the way for investigations to proceed in a swift and independent manner. I have so far refrained from making media statements."
Shetty added: “However, as I said earlier, I am doing my own investigations about the information I have, and I will reveal the results of these investigations as soon as possible, and in the appropriate manner.”
"I am very keen and determined to shed light on all the facts, and to show the whole truth about what matters have reached to all parties concerned, and as quickly as possible. This is urgent and necessary in order to provide support and reassure the thousands of doctors, nurses and dedicated medical care workers in "NMC", especially in light of the health crisis we are living in. "
Since mid-February, news and reports that reveal the amount of indebtedness in which the previous management of the company was involved, and hidden its true value from the shareholders, have had to disclose recently to announce loans and financing worth 6.6 billion dollars, equivalent to 24.2 billion dirhams, including more than 10 billion dirhams. I took it from local banks and companies, according to the disclosures announced by the local creditors for the country's money market. A few months ago, Shetty was not present in the Emirates, and he resigned from the company’s chairmanship.