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Friday, March 6, 2009

Indian CEO buys Gandhi's items for $1.8M

NEW YORK The chairman of India's UB Group, which includes Bangalore-based Kingfisher Airlines and United Breweries, made the winning $1.8 million bid on a number of Mahatma Gandhi's personal items on auction.Vijay Mallya was expected to return the items to the Indian government, according to CNN-IBN, CNN's sister station in India. Controversy surrounded the sale Thursday of Gandhi's items -- among them his metal-rimmed glasses, pocket watch, sandals, bowl and plate -- prompting the seller, James Otis, to ask that the items be withdrawn from the auction. India voiced strong objections to the auction. Its Ministry of External Affairs said the bidding would "commercialize and thereby demean the memory of the Father of the Nation and everything that he stood for in his life, beliefs and actions." On Tuesday, a New Delhi court issued an injunction to stop the sale. 

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