Khaleej Times

Expats win 20M right before shutting business

- Ashwani Kumar ashwani@khaleejtim­es.com

abu dhabi — How fortunes change in a flash! A Dh20 million windfall came in the nick of time for three friends who were down and out and were planning to sell their loss-making business.

Call it a scene out of a movie when lady luck smiles to make the protagonis­t’s woes vanish. Sounds too good to be true but three Indians from Ras Al Khaimah won the Dh20 million in the Big Ticket raffle held in Abu Dhabi on Friday.

The three men had thrown in the towel and were about to close down their limousine business they had started some months back. On Friday afternoon, the friends were in talks with prospectiv­e buyers to sell the two limos they owned, but just minutes before they were to head into another round of meetings to secure funds, the news broke. They were millionair­es!

Jijesh Korothan, who will share the prize money with his friends Shahjahan Kuttikatti­l and Shanoj Balakrishn­an, is relieved. “I have been here for 16 years with my wife and daughter. For six months, my friends and I were running a limousine rental service. But it didn’t work out well for us and we ran into financial trouble.”

Jijesh said the business ran into difficulti­es as the tourism sector has been hit by coronaviru­s concerns. “For many days, we are biding our time indoors as there is no demand for our services. With office rent, EMIs on limos, Covid-19 developmen­ts and an uncertain future, we planned to wind up our operations.”

On Thursday, they met a client to sell their cars but the price offered was a dampener.

At 3pm on Friday, they were to meet another prospectiv­e buyer, but they were informed just minutes before they were to go into the meeting that they had hit the jackpot.

This Friday’s draw was held at 2pm instead of the usual 7.30pm because of restrictio­ns during the National Disinfecti­on Programme.

Korothan had planned to return to India after his failed business venture. He, however, watched the draw live when host Richard announced the winning ticket number 041779 and his name.

“God has listened to our prayers. What more can I say? This is beyond words. I couldn’t recollect my ticket number but when my name was announced, it was a magical moment. We had made plans to return to Kerala as things were falling apart here. Now, we can develop our business.”

The men bought the winning ticket on March 19. The celebratio­ns, though, have been put on hold. “This is no time for party but to help others. We have to fight this pandemic first,” he said.

 ?? — Supplied photo ?? THE NEW MILLIONAIR­ES: Shanoj Balakrishn­an, Shahjahan Kuttikatti­l and Jijesh Korothan.
— Supplied photo THE NEW MILLIONAIR­ES: Shanoj Balakrishn­an, Shahjahan Kuttikatti­l and Jijesh Korothan.

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