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Lulu chairman Yusuff Ali survives helicopter crash

Photo from DeshaBhimani

Indian business tycoon M.A. Yusuff Ali and six others narrowly survive a helicopter crash in the state of Kerala in India according to local reports.

Ali is the chairman and managing director of UAE-based Lulu Group International. The private helicopter that belly-landed in a swamp at Panagad on the outskirts of Kochi.

The passengers including the business tycoon are now being treated in a hospital after sustaining minor injuries.

Local reports said that the chopper suddenly fell to the land from the sky.

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The pilot managed to get out first and opened the door for the passengers. Witnesses said there was strong wind and heavy rain in the area during the time of accident

Ali was the second richest person in UAE according to Forbes magazine. He has $4.8 billion total assets.

LuLu Group International has around 200 stores in the Gulf and elsewhere.

Ali also owned Waldorf Astoria in Scotland and the Great Scotland Yard Hotel, the former headquarters of the UK Metropolitan Police. (TDT)

Staff Report

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