Indian businessman awards cash prizes for Indian Rio medallists


An Indian businessman in Dubai has announced a total of Rs7.5 million (Dh410,305) as a cash prize to the Indian sports stars who won medals at the Rio Olympics.

A UAE resident for four decades, Mukkattu Sebastian, who runs the Autobahn Car Rental network, announced Rs5 million to badminton star P.V. Sindhu who grabbed a silver medal and became the first Indian woman to win that honour at an Olympic game on Friday.

He also announced Rs2.5 million for Sakshi Malik, who won a bronze in wrestling, the first medal for India at the Rio Games 2016.

“These two girls saved the face of India at Rio. I am so proud of them and wanted to honour them with a cash award,” Sebastian told Gulf News on Saturday.

“Everybody is after cricketers in India. Nobody minds other sports stars. After their glorious win, I strongly felt I needed to honour them. They cannot sustain [themselves] just with medals. So, I am giving what I can. I am not a very rich person. But I want to do whatever I can,” said Sebastian, who also owns Mukkadan Plantations in Kerala and Autobahn Car Rentals in Bengaluru.

More Indo: GulfNews

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