Tata Sons rejects Mistry's â¹22 cr Air Asia fraud allegations
Tata Sons on Wednesday rejected its former chairman Cyrus Mistry's allegation that Tata Trusts' R Venkataramanan was involved in financial wrongdoings at Air Asia India. Mistry, after his removal, wrote an email stating that fraudulent transactions worth â¹22 crore had taken place at the group's aviation venture. He also said that Venkataramanan wanted to cover up the murky transactions.