The Central Bank has requested banks and financial institutions operating in the country to search for any accounts belonging to the NMBR Shetty founder and members of his family and freeze them along with the accounts of companies in which he owns shares.
But according to news published by the newspaper "Golf News," it also made clear that "the central bank has also included several companies linked to Chitty on the black list, along with its entire senior management."
The Central has also blacklisted several companies linked to Shetty along with its entire top management.
It is noteworthy that Abu Dhabi Commercial Bank filed earlier this month a lawsuit in which it initiated criminal complaint procedures with the Public Prosecution in Abu Dhabi against a number of individuals who are related to the "NMC" health care group against the background of bank loans exceeding 4 billion dirhams related to the bank.
And disclosures revealed to 11 banks and local destinations, the existence of loans to the group close to 6 billion dirhams at a time when the total debts of more than 75 local and international bodies amount to 6.6 billion dollars, or nearly 24.2 billion dirhams.