Dubai has no assets Srinivasan says he has not been arrested


Former company official Srinivasan Narasimhan said he was not involved in the disappearance of Rs 760 crore from Pacific Control Systems (PCS) owned by Malayalee businessman Dilip Rahul. He said this at a video conference. There are efforts to incorporate the case into the company itself. Earlier, Dilip Rahul had approached Sharjah court challenging the request.

It is straightforward to say that he owns a Rolls-Royce car and has a KTV company. He has no assets in Dubai. He is the manager of a company named after his wife. Srinivasan Narasimhan alleged that Dilip Rahul and PCSO COO Beena Abraham had made all the moves and that she had left Dubai in 2016.

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