UAE tells banks to freeze accounts of NMC founder Shetty, others, sources say
Share:
DUBAI (Reuters) - United Arab Emirates lenders have been told by the central bank to freeze the accounts of NMC Health shareholder BR Shetty and his family, three sources with knowledge of the matter said.NMC , which was founded by Shetty in the mid-1970s and has become the largest private healthcare provider in the UAE, was placed into administration this month.Its shares, which NMC plans to delist in London, were suspended after more than halving in value since December, when short-seller..