Stay updated with breaking news from Win channda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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. ....