‘Don’t drag my name into airport privatisation controversy,’ says Lulu chairman Yusaff Ali
Dubai: Lulu group chairman M A Yusuff Ali responded on the allegations raised in connection with the privatization of Thiruvananthapuram International Airport.
“I have no connection in the leasing out of the airport. Don’t drag my name into controversy,” he said.
It was the Centre’s decision to lease out the airport to Adani group. The state government has opposed this move. I have no connection with any of these decisions. Also, I never applied for getting the operational contract of the airport. It is unfortunate that my name is being dragged into this,” he said in an online press meet.
“The Lulu group is constructing a modern shopping mall with all facilities in the state capital and Hyatt five star hotel. Lulu is making huge investments in Thiruvananthapuram. Many of the airports in India have developed with public private partnership. I wish Thiruvananthapuram airport will also develop like others. There are 19,600 shareholders in Kochi airport owners CIAL. In case of Kannur airport it is above 8,000. Anyone can still buy shares in KIAL. I fail to understand why only my name is dragged into controversies. Now Centre has decided to lease out the Thiruvananthapuram airport and I agree to the decision,” he added.
There should be a political consensus in terms of development, Ali said adding he is hopeful of the economy in Gulf regions reviving during times of Covid.
He further added that 1000 ton vegetables and fruits are being brought to market by Lulu group ahead of Onam.