BELEAGUERED hospital operator
In an update to the stock exchange yesterday, NMC said the investigation had "discovered evidence leading to suspected fraudulent behaviour in relation to some elements of NMC's previous financial activities".
The company, which last month suspended trading in its shares, said it was "fully committed to investigating these activities" and had notified the relevant authorities in the
Founder BR Shetty stepped down from the company's board last month following uncertainty over the size of his stake in the NMC, which has since fired its chief executive and placed its finance boss on extended sick leave.
Shares in
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