NMC Health investigation finds evidence of fraudulent behaviour

Aidan Gregory

March 12, 2020 10:30 am

NMC_Health_Abu_Dhabi_PA_575_375 — A view of a part of the night-lit skyline of Abu Dhabi, United Arab Emirates, 30 October 2012. Photo: Jens Buettner | Jens Büttner/DPA/PA Images

NMC Health, the scandal-hit UAE-based hospitals operator, has $2.7bn in undisclosed debt, taking its total gross debt to around $5bn, and an investigation into its finances has found evidence of serious fraud.

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Topics

Governance Equity EMEA GCC United Arab Emirates Middle East Emerging Markets SRI Middle East Equity Equity-Linked EM Middle East Middle East Bonds

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Aidan Gregory