Wednesday, September 26, 2012

Kingfisher Airlines vendor demands Rs 45 lakh payment

Bangalore:  Wing Commander Raghuraman, a Kingfisher Airlines investor and vendor, today demanded Rs 45 lakh from the carrier, which he claimed was due for ground support services provided by his company Adisys Solutions.
"An email was shot off to me by a top KFA official promising to pay me Rs 45 lakh, which is due for providing ground support services to the company. He promised to pay me in the AGM today but it did not materialise," he said.
Raghuraman was talking to reporters after attending the annual general meeting (AGM) of Kingfisher held here.
Raghuraman said he did not have confidence in Kingfisher and would exit the company whenever the share moves up a little.
26/09/12 PTI/Economic Times
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