| Honorific Prefix: | Yang Berbahagia Dato' |
| Vinod Sekhar | |
| Birth Name: | Vinod Balachandra Sekhar |
| Birth Date: | 6 August 1968 |
| Birth Place: | Kuala Lumpur, Malaysia |
| Nationality: | Malaysian |
| Spouse: | Datin Dr. Winy Sekhar |
Vinod Sekhar (born, Vinod Balachandra Sekhar; 6 August 1968) is the Chairman and Chief Executive of the PETRA Group,[1] which is a global conglomerate involved in sustainable industries, with a stated goal of providing "solutions for humanity". PETRA Group's businesses include restaurants, recycling rubber, media and entertainment, agriculture and modular building materials.[2]
Sekhar is currently being sued by 12 investors and former employees, for alleged fraud, misrepresentation, breach of contract, and acknowledgement of debt.[3] Further, in 2021, the Malaysian Anti-Corruption Commission opened a money laundering and tax evasion investigation into Mr Sekhar's affairs.[4]
He was named by Forbes magazine as Malaysia's 28th richest man in 2009.[5]
The title of Dato' was given to Sekhar at the age of 26 by Yang di Pertuan Besar of Negeri Sembilan, Tuanku Ja'afar on his 71st birthday, who was at that time the 10th Yang di Pertuan Agong of Malaysia.
He attended Haileybury and Imperial Service College[6] [7] He started a non-partisan multiracial youth organisation, Malaysian Muda. He remained president for two terms.[8]
Sekhar was 21 when he started his business career with just US$50 when he put up his own clothing company called Vincent Siefer Clothing Company that sold college embossed shirts to university students in different American universities. He later claimed he sold his clothing company for US$5 million.[9]
In 1990, Sekhar formed Sekhar Tunku Imran (STI) Group together with his friend, Tunku Tan Sri Imran and entered various business ventures. One of the most notable business deals that STI had was a joint venture with Disney-MGM Studios in Florida, USA to produce the movie entitled 'Tarzan, The Epic Adventure'.
The Petra Group is a privately held company known for Green Rubber Global, the company's key business which it claims has a cost-effective process that can efficiently recycle used rubber. In 2019, it was reported that an Irish national, John Slattery sued Sekhar to claim the US$108,000 which Slattery had paid in 2017 as an investment into Green Rubber Sdn Bhd.[10] In 2021, Petra Group claimed to have procured 400 million Sinovac vaccines from China for free distribution. Malaysian government dismissed the claim and found no evidence for its basis.[11] A 2008 lawsuit against Sekhar and Green Rubber Global alleged fraud against him.[12]
In September 2020, Sekhar launched The Vibes, an online news publication covering Malaysian news.[13] The news publication was spearheaded by Terence Fernandez, former managing editor of Malay Mail, alongside many former journalists from major publications. However, they have subsequently left the portal.[14]
In 2013, Sekhar produced the Indian film Liar's Dice[15] which features the story of Kamala, a young woman from Chitkul village and her girl child Manya, who embarks on a journey leaving their native land in search for her missing husband. He has also launched the production company Petra Films which produces the Golden Horse Award-nominated film The Sunny Side of the Street in its debut outing.[16]
Sekhar is the founder of the Vinod Sekhar Foundation, which was founded to undertake various initiatives to alleviate poverty, provide healthcare and education, and support the most vulnerable communities including the indigenous, disabled, old folks, children, refugees, and poor.[17] However the Foundation has no website so the claims are impossible to verify. Sekhar has a history of unfulfilled philanthropic commitments, including a £2.5 million towards the British charity 'Hopes and Homes for Children' in 2008 and an £8 million pledge to Saint Andrews Medical School in 2010 neither of which materialised. He also pledged to donate 200,000 COVID vaccines in 2021 which never arrived.[18] [19] [20]
Sekhar allegedly purchased a $17.5 million yacht with proceeds from the sale of ventilators during the COVID pandemic.[21] [22]
Sekhar is the youngest son of Sukumari Nair and B.C. Sekhar, also known as Mr. Natural Rubber, who, for a time, provided significant inputs in the global natural rubber industry. He has three siblings. He is married to Winy Sekhar with whom he has two daughters, Petra and Tara.[23] [24]
His wife, Winy Yeap Liew Heoh, is the great-granddaughter of the banker Yeap Chor Ee, and is also cited as a co-defendant in the ongoing 2024 lawsuit for alleged fraud.[3]
Sekhar is noted to be a 'close friend' of the Malaysian Prime Minister[25]
He also plays golf with a 22 handicap.[26]
| Recognition | Recognition Giving Body | Year | |
|---|---|---|---|
| Corporate Leader of the Year | SJ Grant Thornton | 2008[27] | |
| 16th Richest Man in Malaysia | Forbes magazine | 2008[28] | |
| Product/Industrial Design Award | Global Green USA | 2008[29] | |
| Community Leadership Award | Global Organization for People of Indian Origin (GOPIO) | 2010[30] | |
| Person of The Year | AsiaOne Magazine | 2020 |