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NMC Healthcare founder BR Shetty shared a $15 billion lawsuit against Bank of Baroda, accusing it of enabling fund diversion, concealing liabilities and pursuing him on guarantees with forged signatures
By ScoutQuest · · 1 min read
- Damages sought in lawsuit
- $15 billion
Heard on business television between 16:04:59 - 16:07:59 IST.
- BR Shetty, founder of NMC Healthcare, shared a lawsuit against Bank of Baroda seeking $15 billion in damages.
- He accused the bank and former executives of his company of enabling diversion of funds and concealing liabilities.
- He alleged the bank pursued him on guarantees bearing forged signatures.
- Bank of Baroda vowed to defend itself against the lawsuit.
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