Srichand Parmanand Hinduja, the eldest of the four Hinduja brothers and chairman of Hinduja Group, died in London reported PTI . He was unwell for some time. He was 87.
The Hinduja family patriarch and his brothers, Gopichand and Prakash, were accused of receiving nearly SEK 81 million in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract. A court had however exonerated them.
“Gopichand, Prakash, Ashok and the whole Hinduja family with a heavy heart regret to announce the passing away of our family patriarch, and chairman of Hinduja Group, Mr S P Hinduja today,” a spokesperson for the family said.
Hinduja Group Chairman S.P. Hinduja will be remembered for his contributions to bringing Indian culture onto the global stage through his work and philanthropy, said the daughters of the businessman in tribute to their father.
Shanu and Vinoo Hinduja said their father passed away peacefully being looked after by family members.
UK-based Srichand P (SP) Hinduja, the eldest of the four Hinduja brothers – Gopichand (GP), Prakash and Ashok – had been unwell for some time as it had emerged in recent court hearings in London.