The story of Shetty
Earlier this year, the United Arab Emirates was rocked by one of its biggest financial scandals ever. B. R. Shetty, an Indian businessman, who had come to the UAE as a street vendor of medicines and medical materials four decades ago, fled from the country, leaving approximately debts of over 7 billion US dollars behind.
But the way Shetty rose to the top of his career as a prominent businessman and the way he fell can cast light on the inner workings of business in the UAE. After all, the devil is in the detail.
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