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Sunday , 19 November 2017
Breaking News

Paintings from Rs 200-crore collection go missing from Air India’s Mumbai headquarters

An unknown number of paintings from a Rs 200 crore collection featuring renowned artists like MF Husain and Jatin Das, have gone missing from the Air India headquarters in Mumbai.

The matter came to light after famous painter Jatin Das was contacted for a painting that he had made for Air India, for verification prior to sale.

Air India faces a Rs 52,000 crore debt, and has assets valued at Rs 6,000 crore in addition to its fleet of airplanes worth Rs 20,000 crore.

Air India CMD Ashwini Lohani said he didn’t want to comment.

The collection was stored in a hall in the Air India headquarters

According to sources, the missing paintings are perhaps the tip of the iceberg, and the status of other Air India assets needs to be verified.

Paintings by the biggest names of Indian art including Arpana Caur, Anjolie Ela Menon, B Prabha, KA Ara, MF Husain and V S Gaitonde were part of the collection.

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