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Srichand Parmanand Hinduja dies in London at age of 87

Death | Srichand Parmanand Hinduja dies at age of 87

The Hinduja family patriarch and his brothers, were accused of receiving nearly SEK 81 million in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

His business successes which started with the international distribution rights for the Bollywood blockbuster movie Sangam in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

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