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NMC founder BR Shetty held liable for $5.4 billion healthcare fraud by Abu Dhabi court

Business 08 Nov 2026
NMC founder BR Shetty held liable for $5.4 billion healthcare fraud by Abu Dhabi court

The Court found that Shetty and Manghat participated in fraudulent trading involving billions of dollars, but declined to rule on allegations against Bank of Baroda following a settlement.