Dubai: Atlas Jewellery Owner Arrested after $136.2 Million Default

Veröffentlicht: 11.09.2015 - 20:33 | Risk Prevention & Consulting

73-year old Indian businessman MM Ramachandran, owner of Atlas Jewellery, and his daughter are alleged to have defaulted on loans worth around over 500 million dirhams ($136.2 million) to some 20 banks, reports say.