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Dubai-based BR Shetty, who's stranded in India, ordered to pay $131 mn to Barclays
short by Pragya Swastik / on Tuesday, 11 January, 2022
India-born businessman BR Shetty, the Founder of Dubai-based NMC Health, has been ordered to pay $131 million (₹968.5 crore) to Barclays by a London court. Shetty's forex business failed to meet a transaction agreement with the British bank in 2020. Shetty, who has lost most of his wealth, is stranded in India after being banned from returning to the UAE.
read more at BloombergQuint