ADCB files criminal complaint against individuals linked to NMC Health - Reuters:
Abu Dhabi Commercial Bank (ADCB.AD) has filed a criminal complaint against individuals linked to hospital operator NMC Health (NMC.L), the lender said.
Administrators of troubled NMC Health said on Tuesday they had replaced the company’s board and asked ADCB, its main lender, to lead a steering group to discuss cutting its debt pile.
“ADCB confirms that it has initiated criminal legal proceedings with the Attorney General in Abu Dhabi against a number of individuals in relation to NMC Health Group.” it said in a statement on Wednesday.
The bank did not name the individuals, but said in a statement that the action was consistent with the objective of protecting its interests.
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