Carson Block’s investment firm, Muddy Waters issued a report criticising NMC Healthcare’s accounts and disclosed a short position of Indian origin billionaire businessman Bavaguthu Raghuram Shetty who is the founder of NMC Healthcare and Finablr.
Nirav Modi, fugitive businessman has been behind bars at Wandsworth prison since March 19 in connection with Rs 13,500 crore Punjab National Bank (PNB) money laundering case. UK court rejected his fourth bail plea on 6th November.
Crux of the Matter
Struggling in the INX Media Case, former Union Minister P Chidambaram has been ordered by Delhi High Court to be put in judicial custody for 14 days. Special Judge Ajay Kumar Kuhar rejected Enforcement Directorate’s plea to give another day for interrogation. Sighting his health issues P Chidambaram has been allowed medicines and home-cooked food in Tihar jail.
Former Union Minister P Chidambaram has been summoned by the Enforcement Directorate in a money-laundering probe in an alleged aviation scandal during UPA government. Chidambaram is also currently embroiled in 2 other corruption cases.