London: Srichand Parmanand Hinduja, the eldest among the Hinduja brothers and the chairman of the Hinduja Group, passed away in London on Wednesday at the age of 87.
He had been ailing for some time.
“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 the Hinduja Group, Mr S P Hinduja today," a spokesperson for the family said.
"He was a visionary and mentor to the family bestowing the founding principles and values of our late father, PD Hinduja. He played a very important role alongside his brothers in building a strong relationship between his host country, the UK and his home country, India. A titan amongst his peers, S P Hinduja truly lived and embodied the Hinduja Group’s founding principles and values. A deeply spiritual and philanthropic person, he was courageous in action and generous at heart.
"His loss has left a huge void as the brothers have always been four bodies and one soul.
"The Hinduja Family is in grief and sorrow at his demise. Our prayers to the Almighty to grant his soul eternal place at His Lotus Feet.
"Om Shanti, Om Shanti, Om Shanti,” the spokesperson added.
The Hinduja family patriarch, along with his brothers Gopichand and Prakash, faced allegations of receiving illegal commissions amounting to nearly SEK 81 million in relation to a contract secured by Swedish gunmaker AB Bofors from the Indian government. However, they were subsequently cleared of these charges by a court.
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