
Turkey Unhappy With China Over Humanitarian Aid 'Message' To Armenia | EurAsian Times: Latest Asian, Middle-East, EurAsian, Indian News
- 2020-04-13 07:00
- By eurasiantimes.com
Considered an avid supported of PM Narendra Modi in the Middle-East, the story of BR Shetty & his company NMC Health is shattering and yet very inspiring. Shetty set sail for the oil-rich Gulf country of United Arab Emirates in 1973 with nothing but a pharmaceutical degree and just $8 out of which he built a massive $4.2 billion enterprise by 2018 according to Forbes. The tweet dropped like a bomb on New Medical Centre, UAE largest private healthcare provider founded by BR Shetty. BR Shetty himself had to step down as director and chairman of NMC health and is facing criminal charges for fraud and forgery in Abu Dhabi. Although his father was a Congress loyalist, Shetty was drawn towards the then-popular leader and later India’s Prime Minister Atal Behari Vajpayee who he used to drive in his car whenever he visited their area. His business as a distributor for a Pune based Pharmaceutical Company soon was disturbed due to his political activities which forced him to take a loan to fund his sister’s wedding. Shetty then went on to form UAE Exchange a major remittance firm in 1980 which served 15 million customers and had a strong fiscal tie-up with around 140 banks. Shetty had also signed up to be part of the Giving Pledge — a campaign by Bill Gates and Warren Buffett — committing to donate to charity at least half of his personal fortune. The investigation found that unknown to the board and the stock market, the company had entered into a $335 million financing arrangement with entities controlled by Shetty and another main shareholder, Khaleefa Bin Butti. Finablr which thought it would remain unscathed by the troubles at NMC found that it had unaccounted cheques of USD 100 million issued to third parties.

WWE Raw Results: Rollins, McIntyre Make MITB Match Official, Jinder Mahal Returns

Change of Demography in Kashmir and Responsibility of Government of Pakistan

Maharashtra May Extend Lockdown In Mumbai, Pune Regions After May 3
