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Kerboom: Finablr and NMC – Dr Shetty breaks his silence, "I'm the biggest victim of all, honest guv"

By Nigel Somerville | Wednesday 29 April 2020

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

After all that has gone on at (now former) FTSE100 play NMC Health (NMC), which is now in administration and where shareholders face a potential 100% loss, and Finablr (FIN) which is also suspended and shareholders face wipe-out as well, Dr Shetty – the man apparently at the centre of the shambles – has finally spoken out in a co-Chairman’s statement from Finablr issued at 10.50am this morning. If we are to believe Dr Shetty, he is not so much the perpetrator of fraud against both companies but the victim. Heck let's set all up a vrowd funding site for him.

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