Tag: NMC
U.K. Watchdog Probes Ernst & Young Audit of NMC Health
(Bloomberg) -- The U.K.’s Financial Reporting Council has opened an investigation into Ernst & Young LLP’s auditing of NMC Health Plc, the Middle Eastern hospital...
Debt-Ridden NMC Health Gets New Board Of Directors
The UK-court appointed administrators of NMC Health announced the formation of a new board of directors who have been tasked with the implementation of...
NMC Founder Loved Challenges. They Ate His Company
(Bloomberg) -- When discussing his business philosophy, Indian entrepreneur Bavaguthu Raghuram Shetty likes to stress the importance of embracing challenges — even those you fail...
If Muddy Waters Is Shocked, You’ve Really Been Bad: Chris Bryant
(Bloomberg Opinion) -- In an incendiary report dispatched from California shortly before Christmas, Carson Block’s Muddy Waters Capital LLC wrote that the debt reported by FTSE 100-listed...
NMC’s Hidden $2.7 Billion Tips Health Chain into All-Out Scandal
(Bloomberg) -- NMC Health Plc found $2.7 billion of debt hidden from its board that was used for unknown purposes, tipping the troubled Middle Eastern...
Billionaire BR Shetty Steps Down From NMC Health Board
In an interesting twist to the financial quagmire NMC Health is already in, BR Shetty, its founder and chairman, has stepped down from the...
