BR Shetty pursues $15bn damages against Bank of Baroda
BR Shetty, founder of NMC Healthcare and UAE Exchange, has filed a $15 billion lawsuit against Bank of Baroda and 25 other defendants in the Bombay High Court, alleging financial misconduct that contributed to the collapse of his business empire. The state-owned lender has responded by declaring that it will firmly defend its interests, while maintaining that it has not yet been formally served…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
