NMC Medical Group It is a private medical group that has many hospitals and medical centers in
Question:
NMC Medical Group It is a private medical group that has many hospitals and medical centers in the Emirates and is also listed on the London Stock Exchange.
Maddy Waters - a short sale company - said it had "serious doubts" about the financial condition of the NMC medical group and the amount of its profits and declared debts, according to a Reuters report on December 17. The company has suffered from a financial crisis and accumulated debts that have not been disclosed to shareholders and the Board of Directors, and the company recently revealed it.
The list of creditors includes 80 local, regional and international financial institutions that have lent to the NMC Healthcare group.
As a distinguished financial expert, answer the following questions using a professional investigative investigation that relies heavily on reliable figures, facts and sources:
1- Ensure that the allegations against the company are correct
2- write in detail a list of the accusations that could be directed against the company’s board of directors?
3- write in detail a list of criticisms that could be directed at the 80 institutions crediting the company
4- Discuss the default made by the auditor
5- Who are the responsible governmental and regulatory authorities in each of Abu Dhabi, where the company is based, and the London Stock Exchange, where the company's shares are traded?
6- A judge has been appointed to investigate financial crimes. If you are the judge, make your opinion corroborated by facts and evidence.