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
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.
Navsari (Gujarat) [India], February 8 (ANI/PRNewswire): The Navsari, Gujarat-based Desai Foundation Trust (DFT), an NGO which has been dedicated to empowering women and children through community programming to elevate health, livelihood, and menstrual equity in rural India for 25 years, welcomed former United States Secretary of State Hillary Rodham Clinton on 7 Feb 2023.
/PRNewswire/ S.P. Hinduja Banque Privée & The Desai Foundation partner to create Heroes for Humanity, a COVID Response Recovery Initiative with both short.