BR Shetty wants Indian probe into former NMC aides, officials

  • Date: 09-Oct-2020
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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BR Shetty wants Indian probe into former NMC aides, officials

BR Shetty, the founder and former chairman of the embattled NMC Health and Finablr, has sought an investigation by federal Indian agencies into a multi-billion-dollar fraud allegedly committed by former top executives of his companies, sources very close to the businessman confirmed in Bengaluru on Thursday.In a 55-page detailed complaint, a copy of which was made available to Khaleej Times by the source, Shetty said: "I am filing the present complaint against a large, complex and sophisticated corporate and financial fraud perpetrated by Prasanth and Promoth Manghat, brothers who were the former CEOs of NMC and Finablr."Shetty, who has been in India since February when scandals of financial irregularities and fraud rocked both Finablr and the NMC Group, stated that through his complaint, he was calling for a probe into