NMC creditor files criminal complaint | Financial Times:
Abu Dhabi Commercial Bank said it has launched a criminal complaint in the capital of the United Arab Emirates in relation to NMC Health, the healthcare group that was put into administration in the UK last week and owes the bank nearly $1bn.
The individual suspects, who have been accused of fraud and forgery in the complaint to the attorney-general in Abu Dhabi, comprise a number of the group’s previous management as well as certain current and former shareholders, two people briefed on the complaint said. Most of them are no longer believed to be in the UAE.
The bank, the people added, has accused them of using forged or inaccurate documents to misstate NMC’s liabilities, as well as giving false valuations that fraudulently induced ADCB to provide lending facilities. The criminal complaint also includes a call to freeze assets of the accused, they added.
“They’ve gone for the company itself via the administration, and [some of the] shareholders and former management via the criminal proceedings,” said one person briefed on the action.
No comments:
Post a Comment