ADCB files criminal complaint against individuals linked to NMC Health

ADCB files criminal complaint against individuals linked to NMC Health

DUBAI: Abu Dhabi Commercial Bank, a key lender to NMC Health, said on Wednesday it had filed a criminal complaint against a number of individuals linked to the hospital operator with the Attorney General in Abu Dhabi.. The bank did not name the individuals, but said in a statement that the action was consistent with the objective of protecting its interests.. NMC - which recently revised its debt position to $6.6 billion, well above earlier estimates - has seen its stock more than halve in value since December after short-seller Muddy Waters questioned its financial statements.. Transferwise aims to slash the cost of sending money home from UAE /node/1659186/business-economy. LONDON: One of the world's fastest growing fintech firms aims to cut the costs of sending money home from the UAE after setting up shop in the country.. "People can now send money to over 80 countries without leaving their homes, and all at the real, mid-market exchange rate.".