Transcripts For ALJAZ BR Shetty And The Missing Millions 202

ALJAZ BR Shetty And The Missing Millions July 12, 2024

National salvage National Rescue we need to be part of the people so i declare today the resignation of this government god bless lebanon and the headlines and us president of the trumps Coronavirus Briefing was interrupted by a shooting outside the white house a secret Service Agent i should trump out of the room the president then returned a few minutes later to continue the briefing dismissing concerns about children going back to school theres been a recent report by a medical association which says more than 97000 children tested positive for 19 in just the last 2 weeks of joined by the president resumed his briefing. Within minutes of the incident here is more from mike hanna. Pully repeated the questionable claims that the United States leads the worlds in its rate of testing that despite the fact that the number of cases has now gone past the 5000000 mark he continues to insist that is administration is doing better than anybody in the world in terms of combat in the virus this in defiance of what many Health Experts i believe he also repeated his call that all children must go back to school completely there must be no virtue education children must attend classes in person sign 100 unproven claim that children are less affected by adults than adults by the virus that they will catch easily they dont get very sick and according to the people that ive spoken to they dont transported or transfer it to other people or certainly not very easily so yeah i think schools have to open who want to get our economy going well just to make clear as well the opinion of Health Experts is that it is not clear at this stage to what extent children can be carriers of the virus and to what extent children themselves can get badly infected by it. Your mother seen the number of recorded corona virus infections worldwide surpassed 20000005 months after the pandemic was declared thats according to the Johns Hopkins university tracker which also shows global deaths more than 736000. Police in bellary say a protest has died after a bomb exploded in his hands during a 2nd eyes of antigovernment on rest seems like these have been going on in minsk since official early results showed long time ruler Alexander Lukashenko had won in a landslide at outcomes rejected by his main rival for his votes in front of the a corker the russian journalist and political commentator who says protests like these are rare in the country. I never saw anything like this and more than that i couldnt imagine anything like this because belarus sons are super peaceful people they hate cold things they hate scandals they dont like wars they are always this simple and weve been called the russians as well Eastern European germans you know they do everything they do everything according to groups and whats happening right now thats Popular Uprising people are and not with the allies or with the hunger of the regime and they dont associate themselves with a soviet leader who question case representative of the soviet past and people want europe they want modern civilization they want to open borders so i would say this is not just their religion against the question of that female revolution because of the most the leadership is for male its a liberal revolution and they told Media Digital revolution because all the protestant and revolt that we observe right now it is made on all social media primarily in the u. S. National security adviser Robert Obrien says hes deeply troubled by the arrest of Hong Kong Media tycoon jimmy lai 6 others linked to his prodemocracy newspaper apple daily have also been arrested accused of colluding with Foreign Forces and you are up to date with the headlines aljazeera world is next and another check of the headlines. Abu dhabi capital of the United Arab Emirates and the location of a financial controversy of huge fortunes won and lost. Its a story that revolves around the man on the left the indian billionaire tycoon doc to be our shetty. For several months time around this howl of aljazeera arabic channel follow the money trail in which the numbers involved are quite staggering. He looked into a man who owes millions and in one case over a 1000000000 u. S. Dollars. At the center of this debt crisis is an m c l an Abu Dhabi Based hospital provider with a global reach. It seemed that mc was riding the crest of a wave Health Care Spending in the u. A. E. Was high with patient numbers in the millions. The company had expanded into spain saudi arabia and the u. K. With some 20000 medical staff operating around 200 facilities. And n cs charismatic founder b. R. Shetty was well connected in the u. A. E. Counting among his friends the under secretary of the crown prince called about Mohammed Mubarak our mother away. The aljazeera arabic team discovered cover. Spondon between the 2 men at a time when the true scale of venom seize debts was starting to become public knowledge. It was january 2020 and shetty was seeking a meeting with his friend the advisor to the crown prince about the double. As shetty revealed the nature of n n cs debt crisis the advisers said that he was out of town but they agreed to meet the following week at an m. R. I. Ocean palace. Meeting with almas rui at the end of january was targeted at a higher level shetty needed to engage with Shaikh Mohammed bin desired the crown prince of abu dhabi. The discussion at that meeting is known only to those who took part but what is certain is that shortly afterwards b r shetty flew to india and did not return. A series of outwardly friendly messages followed between shetty and almas rui including reference to a private letter from shetty to the crown prince. Aljazeera wrote to the undersecretary of the Crown Prince Court of Abu Dhabi Mohamed mubarak al masri wanting to discover more about his january meeting with b r shetty it also asked to see the letter from dr shetty to the crown prince. But no reply was received. But by that time shetty s n n c m car had begun tumbling down the 1st rumblings of financial trouble were in december 29th jean but by march 2020 Global Confidence in n m c was in freefall as was the companys openly traded share price. N n c announced that it had discovered suspected fraud and that hidden debts amounted to over 4000000000. 00 u. S. Dollars. The aljazeera arabic team has spoken to those close to shetty. Questioning former associates and Financial Experts in this program they pieced together the evidence which now reveals the previously untold story of the rise and fall of a selfmade indian billionaire. The men and the thought to be our city how can it heavy and they have been is but im not. I was never that. Never never i fall from the clouds so to show to sue was a big philanthropist he helped thousands of people and organizations recently 2 years ago he pledged also in bill got his asian of 1000000000 believe the gates to give half of his fortune she was given back to the society. For example they say she has. 2 floors of bush she bought 2 for yes but why he bought what fingal itll be by buying when shes giving back to the government. Wanted to know how shes empire fell so far leaving a long trail of debt in its wake. The child who was clearly well connected and had a long track record of Business Success so where did it all go wrong. Because he had been as i brought a bar and a still on our home a woman in the heart of the law and it had been that i mean in. Here if. There are. What. Is that the new stuff and been oak where. The i sort of bank. Are the model and actually one outfit. That are the. Themes i study or folk for someone to know what were up to been a food while at the hostel my with the nothing to model fellows that their shitty. And yet. When it will not that i want a full audigy and then bother with them if in the end. d d but who is beyond. Growing up in india he trained as a pharmacist d in the western city of money. Then in 1973 he traveled to the United Arab Emirates to as it were seek his fortune. 2 years later he founded new Medical Center health and mc responding to the demand for Quality Healthcare in the u. A. E. Very quickly the business expanded as new clinics opened across the country. With large numbers of Foreign Workers in the u. A. E. Sending their earnings back home shutting also saw an opportunity in Money Transfer and opened a chain of outlets called u. A. E. Exchange. Business was booming and shetty was in the right place at the right time. Building relationships with the u. A. E. As all powerful shakes appeared to open doors for shetty and his ambition knew no bounds a tycoon was born. And thanks to his Scientists Say that this will finally end peace be upon his soul and hes open welcome to anybody so when he came we had no job opportunity to have a pharmacist when they came here my brother mother advised we saw go what would you want to do do something good to the Community Give the community in mind and when they came here his highness exactly. T. V. He was telling Quality Health care for all at their fordable cost so i started the 1st to project in the my way of being the doctor 1st doctor and mc and one broom clinic we started as and today we have got 200. 00 facilities 208. 00 facilities in 1000. 00 countries 3000. 00 doctors 8500000. 00 patients a year he wanted today it is 1. 00 to you in 1000000000. 00 which is a very happy and what the what the capital. Bisect bank the money and the blessing for the right. Time around this hal and his team obtained documents that show how close shetty was to senior political figures in the u. A. E. One name the former Justice Minister abdullah homemade almas through a appears in these documents as a shetty business partner. Government ministers having private business interests in the middle east is not unusual or illegal and the partnership proved profitable for both men. Another associate is now here on bin mubarak. The current a minister of tolerance. This power of attorney document reveals that as culture minister he authorized shetty to be is official representative in shetty is pharmaceutical business neo farmer. To find out more about shut his business methods time around less how to track down one of his Close Associates in the u. A. E. A long time observer of b. R. Shetty. Agreed to be interviewed on condition that he remain anonymous and his voice be disguised ringback said can you tell me about what do you know about mr b r city and how did he manage to reach this in the u e r r. R r b r. Known. Call at the moment our. Relationship. But hes still not as a doctor. You are. Free will. You know is wrong but you know. And so over time. And certainly no doubt was what was going down. In 2011 there were changes at the top of the n. M. C. Group abdullah who made. The former Justice Minister was removed. Through a would later say that the amount he received for his shareholding was less than it was actually worth. In his place came to young investment specialists from a Company Called century and partners investments. They were hairy on the left and saeed al kobe c there were plans to float the n. M. C. Health care group internationally a move that would bring in new investors from across the globe. In 2012 and then see became the 1st i would be company to be listed on the London Stock Exchange the initial Public Offering or i. P. O. Raised 186000000. 00 u. S. Dollars. Investors from across the world sort a slice of the action. But what was the significance of n n cs London Stock Exchange listing. For an m. C. Its very important it gains against credibility it gains access to Institutional Investors it gains access to individual investors Retail Investors and as the company grew in this case it becomes part of the footsie 100 index and as it does that it gathers assets from index invest investors around the world clearly this company had enormous influence in the United Arab Emirates government it was branded as one of the most successful firms that the United Arab Emirates ever spawn off it was touted around the world as a shining success story. But the former Justice Minister no longer involved following the london listing the new amorality power brokers within the shetty empire was saeed al could they see as a hiding but some question suitability for the job. So he had to jasim. Anything in haiti was a look busy fish aka mouth shitty then hell he had slain stiff many a model for other ships said. The atoll. I dont you has will have a list of modern a wooden or a will that have i book that can let me a little for you but at the moment i want to welcome home and what he did not will but. Study about anyway so i thought it was nothing since the tally. Lesser as sarah and they were not at that and. Helen asked regarding mr. Harry and said look basically how do they fit in to that relationship so the way it worked and you want to jump back they dont like to have. You know people are shocked and documents they dont want. They hire you know trust nonroyal 2 signatures and be the you know the. The local. But these people are really acting or proxy decision to marry and you know they are their world was acting on behalf of. War zone. Should. Rob. For you for. All your. So. Far nor are. The real. Shakman saw or been desired are not often referred to simply as shipments or is the deputy Prime Minister of the United Arab Emirates. But did the billionaire shaikh play an unseen role in the shetty empire. And what was his connection to the new mc power brokers alcoa basi and elmore early. Aljazeera roads to check mansoor asking if he would comment on the allegation that saeed al kobe c. And harry of censuring investments acted as proxy directors on his behalf and that their shareholding was managed for his benefit giving him effective ownership of n n c else. But no reply was received shakman saw hold several other positions at the very top of amorality politics and society his business interests are vast estimates put his net worth as high as 20000000000. 00 us dollars. Falling out of the north i dont want to business what would happen but i think about this deficit is there is either a whole lot that was ever done. And i thought i thought the same with some of you had a lot to do with a. Poor. Long. Brain to win the fight for cool well class. The 3rd and the one minute in a minute a 1000000 or less the. Target of your poem be washed out and feel the hand but it was. There how bitterly to help. Were it when that action had it and the letter of what their religion who are. How were you feet. Badenhorst as a whole meal well thought that i will what the hostility. Was in amalia out of a mobile home. Well loved one much of them all all middle. Up a bit of it all then and then it would all what the new year and it had been all i generally. Fear and the not. Now man has certain. Muscle have muscle tone. And not say hello. Or what will you. Let us have a lathe and the bill found out of the. Shanties business interests were huge. At their core was the n. M. C. Health care group providing hospital facilities in the u. A. E. And several other countries. Then theres finagle a Global Platform for payments and Foreign Exchange with millions of Foreign Workers in the middle east sending money back to their own countries this is a lucrative Business Travel x. And exchange to a finagle as flagship brand. Theres also neo pharma a Factory Manufacturing prescription medication. Other parts of shut his Business Empire include companies in no man and morocco. An investment in 1000000000 marks of the muscles havent you larry and want to be a little more is that motto yes maam and with that one iraq that comes with. So was shetty made the scapegoat for the decline of his Business Empire or was he the architect of his own misfortune. A search of registered companies in abu dhabi reveals an intricate web of different organizations some in chechens name others on the shetty and his Business Partners are these legitimate Trading Companies or is there a different explanation for them. Claims are tonight can only morality mayor is a machete cant be a new so you know men who are american how could they have a show ticket and the mayor at the awards lead double hama a shot be it as you have a this you have the show we can have a show because that would be i really. Mean where clearly they him what you are hot. Because you know while. You have the full spell him are alive and am in the middle of that and i mena. If i see the i will mushroom has a. Loud and to secular jews and women fear hard but. They have. To let you can and to the less they will face he didnt have the hear he had to work theres been business relationships not just in an m. C. But in other compa

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