ADCB files criminal complaint against individuals over NMC Health – ZAWYA

ADCB files criminal complaint against individuals over NMC Health – ZAWYA

Credit rating agency S&P downgraded NMC Health's rating to 'D' from CCC because the company had missed interest payments and was placed under administration.. DUBAI- Abu Dhabi Commercial Bank ADCB.AD said on Wednesday it had begun criminal proceedings in Abu Dhabi against an unspecified number of individuals in relation to hospital operator NMC Health, which was placed in administration last week.. Shares in NMC Health have been suspended since late February.. "You might remember that the company asked for an informal standstill a month ago and didn't pay any of its interest over the last month," Sapna Jagtiani, a Dubai-based analyst for S&P said at a news briefing..