WATCH: Journo questions scandal-hit NMC Health CFO’s ‘repatriation flight’ from UAE to Kerala

Suresh Krishnamoorthy said he came down as his father is unwell

nmc-health-air-india NMC Health CFO Suresh Krishnamoorthy managed to exit from the United Arab Emirates in a repatriation flight

Suresh Krishnamoorthy, the Chief Financial Officer (CFO) of NMC Health, which is facing a probe for financial fraud, managed to exit from the United Arab Emirates (UAE) in a repatriation flight from Abu Dhabi to Kochi on May 7.

According to a Khaleej Times report, Krishnamoorthy, his wife, three children and their maid were on board the repatriation flight which had more than 350 NRIs.

In a Facebook video, Anjana Sankar, the journalist who reported the ‘escape’ of the NMC CFO said investigation showed that Krishnamoorthy would have submitted a false affidavit to the Indian Embassy, claiming that there was a recent death in his family.

The Indian Embassy, however, hasn’t clarified if such an affidavit was submitted, she said in the video.

Her investigations showed that there was no recent death in his family.

Company sources told Khaleej Times that Krishnamoorthy sent a message from Kerala saying he had left because of some urgent matters and that he would be back in June.

Nonetheless, Krishnamoorthy is not under investigation in connection with the financial scandal. He had stepped down as CFO in 2017 and was reinstated in February 2020 following the exit of the top management of the company in the wake of USD 4 billion financial mismanagement coming to light. There were allegations by a US investment firm that NMC Health inflated cash balances and understated its debt.

“There are no criminal charges against him. But I suspect that he may have worried that investigating authorities will dig deeper into 2017 or 2016 files, when he was in charge,” Khaleej Times quoted a source as saying.

Krishnamoorthy, however, said he came down to India as his father is unwell, and added that he will be back in the UAE after flights resume in  a few days.

According to Khaleej Times, he said he has not ‘escaped’ from the UAE. “I stepped down as a CFO because my father was unwell. Now, for months I have been running the show. Now, I am working from home. That is all.”

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