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NMC Health Says Review Turns Up Evidence of Suspected Fraud

  • Company is investigating and notified U.K., U.A.E. authorities
  • Follows revelation of $2.7 billion debt pile unknown to board
NMC Health Plc U.A.E's Largest Private Healthcare Provider
Photographer: Christopher Pike/Bloomberg
Updated on

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NMC Health Plc said a probe of financial irregularities discovered evidence of suspected fraud after the hospital operator disclosed a hidden $2.7 billion debt pile.