Paradise Papers: Top cardio held shares of stent maker - News Summed Up

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Paradise Papers: Top cardio held shares of stent maker


He prescribed the stents made by the company, Biosensors International Group Ltd , (BIGL) -a potential conflict-of-interest situation. When TOI contacted Dr Seth, at present in Frankfurt , he denied any wrongdoing. "I used only seven stents made by Biosensors International during the time I held its shares".Dr K K Aggarwal, the president of the Indian Medical Association , supported the cardiologist. "I do not see any illegality in any doctor buying shares of a company he or she deals with. It would be questionable only if the shares were given for free or at a throwaway price," he said.


Source: Times of India November 07, 2017 00:33 UTC



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