Fuad sees no conflict

According to the Certificate of Incorporation for the St Augustine Private Hospital Holdings Ltd, dated December 20, 2012, Khan is listed among 29 shareholders of the company.

He is classified as a medical doctor and is listed as having 250,000 ordinary shares in the company. Registrar- General documents dated October 26, 2007, list Khan as holding those shares since that date. Documents dated February 8, 2013; January 7, 2014; January 8, 2015; July 17, 2015 and July 14, 2016 continue to list Khan as a shareholder in the St Augustine Private Hospital Holdings Ltd Khan served as health minister under the PP from June, 27 2011 to June 17 , 2015. Khan yesterday confirmed that he had shares in the company but said he was not active in its affairs while he was health minister.

“Everything was handled by the board of directors. I had no input in anything,” he explained. Khan added, “I was not a director.” According to a document from the Registrar General’s Office, dated July 3, 1997, the company is a private entity which is authorised to issue 500,000 ordinary shares.

The company is allowed to have not less than three directors and not more than seven directors.