Corporate Grapevine

Published: Feb 28, 2022
Updated: Feb 28, 2022

Maharaja hired a ‘terror’ raja?

The Ministry of Home Affairs is unlikely to give security clearance to new Air India CEO Ilker Ayci due to his alleged connections with various global terror networks, including al-Qaeda. How the Tata group chose an alleged terror financier to head Air India is a mystery and shows the lack of due diligence taken by Bombay House, say top BJP leaders who want to avert any embarrassment to the Centre over the issue.

Ayci's alleged terror connections were first flagged by Rajya Sabha MP Subramanian Swamy, who questioned the Centre's silence in the matter. The government on the other hand was waiting for an application from the Tatas for security clearance for Ayci.

As per Turkish media reports, Ayci, former chairman of the Turkish Investment Support and Promotion Agency (ISPAT) and current chairman of the board of directors of Turkish Airlines (THY), promoted private investments and ventures by a former alleged al-Qaeda financier known as Yasin al-Qadi. His alleged terror links were unearthed following an investigation by a Turkish anti-corruption court. Ayci is also a long-time associate of Turkish President Recep Erdogan. The disturbing development shows that the Tatas' 'opaque' hiring policies certainly need a closer look.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

Want to Subscribe?


Lighter Vein

Popular Stories

E-Waste Dilemma Tackling E-Waste Via Reverse Logistics, By Vihaan Shah

A modern-day enigma and a ramification of humanity's never-ending advancements, e-waste refers to the scum con- cealed by the outward glow of ever-advancing technology.

Archives

About Us    Contact Us    Careers    Terms & Condition    Privacy Policy

Liability clause: The investment recommendations made here are based on the personal judgement of the authors concerned. We do not accept liability for any losses that might occur. All rights reserved. Reproduction in any manner, in whole or in part, in English or in any other language is prohibited.

Copyright © 1983-2025 Corporate India. All Rights Reserved.

www.corporateind.com | Cookie Policy | Disclaimer