Topic

br shetty

5 articles

BR Shetty fraud trial opens in London: NMC Health founder faces $5.4bn claim over UAE empire collapse

The UK Commercial Court begins hearing the $5.4bn civil fraud claim against BR Shetty, whose NMC Health concealed $4.5bn in debt before collapsing in 2020 with 200+ UAE facilities and 20,000 staff.

31 Mar 2026 · 3 min read

BR Shetty fraud trial opens in London: NMC Health founder faces $5.4bn claim over UAE empire collapse

Regulatory & Policy

BR Shetty faces $5.4bn fraud trial over NMC Health collapse, six years on

BR Shetty, who built NMC Health into a FTSE 100 company with 200+ UAE facilities, faces trial over $5.4bn in alleged fraud stemming from the group's 2020 collapse.

28 Mar 2026 · 3 min read

BR Shetty faces $5.4bn fraud trial over NMC Health collapse, six years on

Regulatory & Policy

BR Shetty fraud trial opens in 2026, six years after NMC Health's $6.6bn collapse

The criminal trial of NMC Health founder BR Shetty began this week, six years after the UAE's largest private hospital group collapsed under $6.6 billion in concealed debt.

28 Mar 2026 · 3 min read

BR Shetty fraud trial opens in 2026, six years after NMC Health's $6.6bn collapse

Regulatory & PolicyBreaking

BR Shetty's $5.4bn NMC Health fraud trial opens — largest private healthcare fraud case in UAE corporate history

The criminal fraud trial against BR Shetty, founder of NMC Health, begins this week. The company collapsed in April 2020 carrying over $6.6bn in undisclosed debt.

28 Mar 2026 · 3 min read

BR Shetty's $5.4bn NMC Health fraud trial opens — largest private healthcare fraud case in UAE corporate history

Finance & Investment

DIFC Court orders BR Shetty to pay $46 million to lender

The Dubai International Financial Centre Courts ruled that the NMC Health founder must settle a $46 million liability in a major debt case.

23 Mar 2026 · 3 min read

DIFC Court orders BR Shetty to pay $46 million to lender