City
Epaper

Amid reports of ED summons, Lulu Group chief says his is a structural company

By ANI | Updated: March 15, 2023 12:00 IST

Dubai [UAE], March 15 : Amid reports of the Enforcement Directorate (ED) having summoned the managing director and chairman ...

Open in App

Dubai [UAE], March 15 : Amid reports of the Enforcement Directorate (ED) having summoned the managing director and chairman of Lulu Group MA Yusuffali, to record his statements in connection to an ongoing investigation in the Life Mission case, the group's chief on Wednesday said that his firm is a structural company having thousands of employees.

In a press meeting held in Dubai, Yusuffali said, "Just ask the people who report that I got the summons and clear it. Mine is a structural company employing 65000 people. 310 crore rupees are paid as monthly salary outside India, and 25 crore rupees inside India. We have no problem with anyone saying anything. I have been in the Gulf for 50 years."

He added India is a democratic country while asserting that all the people have to live according to its constitution.

"We have to live under the rule of law. Will proceed accordingly. Yusuff Ali is not one to run away in fear when there are problems. I will not be afraid even if some social media people accuse me day and night. I will not back down from the cause of the poor and from my business. Lulu's legal department will look into it if legal action is required," Yusuffali claimed while speaking to the media in Dubai.

LIFE Mission was a project, which intended to provide homes to the poor who lost their houses in the Kerala floods of 2018.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: M. A. Yusuff AliYusuff alidubaiUAEEnforcement DirectorateState principalDepartment of economic affairs of finance ministryRevenue and department of economic affairsGovernment of india, directorate of enforcementState poolCivil of aviationDubai economy and dubai tourism
Open in App

Related Stories

InternationalMissile Alerts in Dubai, Saudi Arabia, Kuwait and Israel Despite US–Iran Ceasefire Announcement

NashikAshok Kharat Case: ED Investigates Financial Links, No One Will Be Spared, Says CM Fadnavis

InternationalIran Attack: Oracle Building in Dubai Internet City Sustains Damage From Falling Projectile Debris

MumbaiMumbai Crime: Dubai Returnee Duped by Fake Cops Near Sakinaka

InternationalIran Attack in UAE: At Least 5 Indians Injured After Debris From Intercepted Missile Sparks Fire in Abu Dhabi

Business Realted Stories

Business'Pathway towards closed fuel cycle': IEA praises PM Modi for fast breeder reactor milestone

BusinessWomen move beyond basic loans, drive India’s credit growth: NITI Aayog CEO

BusinessIf crude stays below USD 90, OMCs can absorb without fuel price hike, RBI's status quo apt amid uncertainty: CareEdge Economist

BusinessA Spectacular Celebration of Couture, Creativity, and Celebrity: Bombay Times Fashion Week 2026 Concludes in Grand Style at Grand Hyatt, Mumbai

BusinessSchneider Electric hosted its biggest-ever Innovation Event, Showcased 400+ energy-tech solutions to strengthen India's energy resilience