News > NMC Health founder B.R. Shetty ordered to pay Barclays around $131m

NMC Health founder B.R. Shetty ordered to pay Barclays around $131m

E-News | 12/01/2022 11:59 AM | Click to read full article

UK’s Barclays Plc won a legal fight to enforce an award of around $131 million against the founder of NMC Health plc.

The lender turned to a London court after a Dubai judge ordered Bavaguthu Raghuram Shetty to pay the money after his foreign exchange business failed to meet a transaction agreement with Barclays in 2020.