TVS Motors denies Chairman's Sai Trust links

Chennai: Two- and three-wheeler maker TVS Motor Company Ltd Tuesday said that its chairman Venu Srinivasan is not connected with the Sri Sathya Sai Central Trust founded by late Sathya Sai Baba.

Referring to news reports alleging irregularities in the Sathya Sai Trust and the involvement of Srinivasan therein, the company in a statement issued here said: "Mr. V Srinivasan, being referred to in sections of the press, is wrongly being quoted as the chairman of TVS Motor Company, Mr. Venu Srinivasan. This is factually incorrect as Mr. Venu Srinivasan is not a trustee of Sri Sathya Sai Central Trust."

The trust member V. Srinivasan is chairman of Chennai-based W.S. Industries (India) Ltd.