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Vinod Sekhar

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(Redirected from Vinod Shekar)

Yang Berbahagia Dato'
Vinod Sekhar
Born (1968-08-06) 6 August 1968 (age 58)
Kuala Lumpur, Malaysia
SpouseDatin Dr. Winy Sekhar

Vinod Sekhar (born 6 August 1968) is a Malaysian businessman who is the chairman and chief executive of the PETRA Group,[1] whose businesses include restaurants, recycling rubber, media and entertainment, agriculture and modular building materials.[2]

Sekhar is a proponent of social capitalism, a philosophy that combines business with the improvement of social capital.[3][4] He has faced various legal controversies, including lawsuits from various entities.[5][6]

He was named by Forbes magazine as Malaysia's 28th richest man in 2009.[7]

Education

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He attended Haileybury and Imperial Service College[8][9]

Business career

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In 1990, Sekhar formed Sekhar Tunku Imran (STI) Group together with his friend, Tunku 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'.[10]

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.[11]

In September 2020, Sekhar launched The Vibes, an online news publication covering Malaysian news.[12][13]

In 2021, Petra Group announced that it had procured 200 thousand Sinovac COVID-19 vaccines from China for free distribution.[14]

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In June 2007, Vinod Sekhar paid a sum of RM657,428.18 to lawyer Affendi Zaharim who had sued him for breaching a settlement agreement over a share investment exercise. The payment was carried out to prevent his house being seized.[15]

On Aug 7, 2019 court bailiffs raided his house in Bukit Tunku and allegedly seized valuables worth RM150,000. The action was carried out to fulfil a writ of seizure issued by the Kuala Lumpur Sessions Court which had awarded businessperson John Slattery US$108,000 (equivalent to about RM449,000) as a full settlement of a breach of contract suit against Sekhar.[16]

In 2021, the Malaysian Anti-Corruption Commission opened a money laundering and tax evasion investigation into Sekhar's affairs.[17]

In 2024 Sekhar and his wife Winny Yeap were sued by 12 investors and former employees, for alleged fraud, misrepresentation, breach of contract, and acknowledgement of debt.[18][19][20] In the course of the trial, the High Court allowed an application by Prime Minister Anwar Ibrahim to set aside an order requiring him to appear as a subpoenaed witness.[21] On June 25, 2026, the couple declined to take the stand in their trial, claiming they had no case to answer.[22]

Philanthropy

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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.[23]

Sekhar is a proponent of social capitalism, a system that interconnects profitability with the social good. He supports upcoming entrepreneurs whose business ideas embrace the system.[24][25]

Personal life

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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.[26][27]

Sekhar claimed in a 2021 interview to be a "close friend" of Malaysian Prime Minister Anwar Ibrahim.[28]

Awards

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In 2008, Grant Thornton awarded Sekhar the Malaysian Corporate Leader of the year.[29] In 2024, Sekhar was awarded the Bhartiya Mahantam Vikas Puraskar 2023-24.[30]

References

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  1. ↑ "About | Social Capitalism Company Malaysia". PETRA Group. Retrieved 9 August 2022.
  2. ↑ Staff Reporter (9 July 2020). "Green Rubber Global - the next generation business by Vinod Sekhar". Olive Press News Spain. Retrieved 9 August 2022.
  3. ↑ Datu, Sadja Matthew Pajares Yngson (16 July 2020). "Top Malaysian executive sets his sights on Europe". The Parliament Magazine. Retrieved 24 September 2025.
  4. ↑ Sharma, Anushree (14 February 2022). "Datuk (Dr.) Vinod Sekhar on leading toward business recovery". ETHRWorld.com. Retrieved 24 September 2025.
  5. ↑ "Businessman's Bangsar offices raided in major money laundering, tax evasion probe". MalaysiaNow. 29 November 2021.
  6. ↑ Beaumont, Claire (3 April 2026). "Vinod Sekhar: Fraud Trial, MACC Probe & Ventilator Deal Scrutiny". Investigations.org. Retrieved 19 August 2026.
  7. ↑ "Malaysia's 40 Richest". Forbes. Retrieved 9 August 2022.
  8. ↑ "Malaysian work experience offer for six pupils". Haileybury and Imperial Service College. Retrieved 15 August 2010.[dead link]
  9. ↑ "Malaysia in the Asian Century: The Challenges we all face", in: Frank-Jürgen Richter and Thang D. Nguyen: The Malaysian Journey, Marshall Cavendish 2004.
  10. ↑ Roop, Sharma. "Vinod Sekhar : Malaysia's most prominent businessmen, philanthropists". NRI Internet. Retrieved 30 May 2007.
  11. ↑ Har (13 September 2019). "Petra Group boss not home, bailiff fails to execute arrest warrant". Malaysiakini. Retrieved 2 February 2022.
  12. ↑ "Vinod Sekhar launches The Vibes, a new site covering Malaysian news". BEAMSTART - Uplifting Lives Through Entrepreneurship. Retrieved 1 December 2020.
  13. ↑ "Vibes news portal launched". dailyexpress.com.my. 22 September 2020. Retrieved 1 December 2020.
  14. ↑ Adam, Ashman (19 May 2021). "After Khairy reveals 'bogus' Covid-19 vaccine contribution, Petra Group says unaffiliated with other donors | Malay Mail". malaymail.com. Retrieved 5 February 2022.
  15. ↑ MAGESWARI, M. (29 June 2007). "Tycoon saves bungalow from being sealed". The Star. Retrieved 26 June 2026.
  16. ↑ Mohd, Hariz (23 August 2019). "Court bailiff raids corporate figure's home". Malaysiakini. Retrieved 26 June 2026.
  17. ↑ "Businessman's Bangsar offices raided in major money laundering, tax evasion probe". MalaysiaNow. 29 November 2021.
  18. ↑ Khairulrijal, Rahmat (5 February 2024). "[Updated] Vinod Sekhar sued by investors, ex-employees for fraud | New Straits Times". NST Online.
  19. ↑ "Investors trusted tycoon Vinod Sekhar's high-profile image, court told in fraud suit". The Edge Malaysia. 9 October 2025. Retrieved 26 June 2026.
  20. ↑ Solhi, Farah (6 October 2025). "Fraud: Petra Group boss painted self as trusted community member - witness". Malaysiakini. Retrieved 26 June 2026.
  21. ↑ "Anwar cleared from testifying as witness in RM30mil lawsuit against Vinod Sekhar | New Straits Times". www.nst.com.my. Retrieved 28 June 2026.
  22. ↑ Solhi, Farah (28 June 2026). "Businessperson, wife will not testify in RM30m suit, claim 'no case to answer'". Malaysiakini. Retrieved 27 June 2026.
  23. ↑ "SMEs, traders to benefit under foundation program". Borneo Post Online. 21 September 2020. Retrieved 9 August 2022.
  24. ↑ hchoo (4 September 2022). "Vinod Sekhar, chairman and chief executive of Petra Group believes in profiting and saving the world at the same time". Robb Report Singapore. Retrieved 30 September 2025.
  25. ↑ Dev, Aarun Neeresh (19 September 2024). "Vinod Sekhar, Petra Group's Founder Unveils Major Initiative to Back Young Innovators in Social Capitalism". EIN Presswire. Retrieved 30 September 2025.
  26. ↑ "Malaysian Rubber Industry Pioneer B.C. Sekhar Dies". One India News. Retrieved 7 September 2006.
  27. ↑ "47m Admiral motor yacht PetraTara sold". boatinternational.com.
  28. ↑ "The return of Vinod Sekhar (Part 2): Friends with everyone - Focus Malaysia". focusmalaysia.my. 18 June 2021. Archived from the original on 12 April 2024.
  29. ↑ "Vinod wins corporate leader award". The Star. 16 July 2008. Retrieved 30 September 2025.
  30. ↑ PNN. "Datuk (Dr) Vinod Sekhar felicitated at 22nd Asian Business & Social Forum with Bhartiya Mahantam Vikas Puraskar 2023-24". www.business-standard.com. Archived from the original on 7 October 2024. Retrieved 30 September 2025.
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