What if BR Shetty is innocent? - Arabianbusiness:
I know what you’re thinking: How can the founder of the Middle East’s largest hospital operator be entirely clueless as to billions in undisclosed debt and fraud in the company he spent decades building?
But hear me out.
Say you’re BR Shetty: a 77-year-old who made his billions in the UAE by setting up successful businesses in healthcare, financial services, hospitality, F&B, pharmaceutical manufacturing and real estate as early as the 1970s. You were given at least a dozen awards including the highest civilian award in Abu Dhabi by the Crown Prince himself, and the Padma Shri by the President of India. You wear the latter gold medal at every possible occasion: private dinners, corporate ceremonies, media interviews, you name it. Your reputation matters to you. Your reputation means the world to you. Your reputation precedes you. You’re one of India’s richest billionaires rubbing shoulders with world leaders. You own two floors in the world’s tallest tower, lavish villas on a man-made island and more money than you could care to count.
Why throw it all away to steal from your own company? It just doesn’t add up.
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