Insta
Yusuffali MA Chairman and Managing Director of LuLUu Group (Subhankar Chakraborty/Hindustan Times via Getty Images)
Abu Dhabi based LuLu Group International which owns the LuLu hypermarket chain has denied reports of its billionaire chairman and managing director Yusuffali MA willing to donate Rs 700 crore toward Kerala flood relief if the Central Government refused a similar aid by the United Arab Emirates (UAE), Manorama Online has reported.
Yusuffali has already pledged to donate Rs 5 crore towards flood relief in the state.
Recently Kerala Chief Minister Pinarayi Vijayan had tweeted that UAE pledged aid of Rs 700 crore for the flood-ravaged state owing to their special relationship.
Following this, it was reported that the central government was likely to refuse such a foreign aid owing to the 2004 disaster aid policy set by the erstwhile UPA government.
The matter has seen yet another twist after UAE’s ambassador to India, Ahmed Albanna has said that his country had made no official announcement of any aid to Kerala.
Now as reported by Manorama, the LuLu group too has come out to term reports of its being a potential Rs 700 crore donor as fake news.
LuLu group’s communication department has been quoted as saying that it is mulling legal action against those who spread or reported this news.
The report also claims that it was Yusuffali who had informed Vijayan about the Rs 700 crore offer from the UAE government.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest