BR Shetty is indeed one of the most popular entrepreneurs working in the field of Indian FinTech and healthcare startups. The well known entrepreneur recently called for a police investigation for two of his foregoing CEO brothers Prasanth and Promoth Manghat in between of a financial scandal that took down Shetty’s multi billion dollar business.
According to a recent update from a news agency, Shetty has filed a 55 page FIR against the CEOs. A recent update also stated that Shetty is calling for allied Indian investigators to inspect the role of the previous CEOs of his two main companies which are, NMC Health PLC and payments firm Finablr PLC, both founded by him.
Shetty also called out CEOs of two indian banks for their role in a claimed benefit escalation scandal.
The allegations are unfounded. BR Shetty had all over significance control over NMC healthcare even after he stopped running the day-to-day affairs of the company in 2017.Prasanth and Pramoth Manghat
But Shetty and his lawyer remain consistent with a statement given by Zulfaqar Memon, the lawyer of Shetty states,
We have submitted every shred of evidence into that complaint, which, if anybody examines, will clearly conclude that Dr Shetty is innocent and that all of that has happened under his nose — unfortunately, behind his back.Zulfaqar Memon