Bangalore: Wing Commander Raghuraman, a Kingfisher Airlines investor and vendor, on Wednesday 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 on Wednesday 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.
Kingfisher spokesperson could not be reached for comment on the matter.
Raghuraman said KFA Chairman Vijay Mallya has pumped in about Rs 1,150 crore of his own money in April this year but the shareholders do not know how this money has been utilised.
He said Mallaya did not reply on the issue of KFA employees not getting salaries for the last six months. "There is no action plan when he would pay," he alleged.
Another sharholder M L Subbarao, however, sounded optimistic about the revival of KFA.
"I hope the company will prosper and will make a turnaround. FDI in aviation will definitely help build up capital. Investors will definitely put in their money," he added.
Subbarao said Mallaya admitted of company making some mistakes with reference to expenses on aviation fuel and others, but assured shareholders that he would set right things after the government approves the appointment of three additional directors.


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