Wednesday, July 31, 2019

Missing Cafe Coffee Day Owner Found Dead, Fishermen Spotted Body By River

Cafe Coffee Day founder VG Siddhartha was last seen on the bridge over the Netravati river in the coastal town on Monday evening, according to the police. Image result for vg siddhartha photos
Cafe Coffee Day founder VG Siddhartha was the son-in-law of former Karnataka Chief Minister SM Krishna.



MANGALURU/BENGALURU: 
Cafe Coffee Day founder VG Siddhartha, the son-in-law of former Karnataka Chief Minister SM Krishna, was found dead on Wednesday morning, 36 hours after he went missing from a bridge near Mangaluru in Karnataka.

A massive search operation involving multiple agencies was on since Monday evening, when Mr Siddhartha went missing. The body had washed ashore the Netravathi river near Ullal in Mangaluru and was found by fishermen at around 6:30 in the morning.

"Two fishermen found Siddhartha's body early this morning (Wednesday) about 500 metres away from the road bridge from where he is alleged to have jumped into the river on Monday night," Mangaluru Police Commissioner Sandeep Patil told reporters.
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"I saw a body floating while I was fishing and then, I informed the police. I participated in the rescue operations with the district administration yesterday as well," fisherman Rithesh told reporters.
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Congress veteran Siddaramaiah was among those who met VG Siddhartha's father-in-law SM Krishna on Tuesday. (PTI)
The Mangaluru police chief said they are investigating to determine whether Mr Siddhartha took his own life.
Politicians from across party lines condoled Mr Siddhartha's death. "They (Siddhartha''s family) are making arrangements for the funeral. I will also attend it. I have no words to comfort the family," Karnataka Chief Minister BS Yediyurappa said. "He had more assets than liabilities," he said.
JDS chief and former prime minister HD Deve Gowda said, "I am shocked by the demise of VG Siddhartha. He was a very simple man. I knew him for the past 35 years. He had paved way for jobs for thousands of people. The government should properly investigate the cause of his tragic death."
The Red Tea Detox
Mr Siddhartha is survived by his wife Malavika Hegde and two sons.
VG Siddhartha, the founder of India's largest coffee chain, was last seen on the bridge over the Netravati river in the coastal town on Monday evening, according to the police. In his statement to the police, Mr Siddhartha's driver Basavaraj Patil said they were going to Sakleshpur from Bengaluru in a Toyota Innova - a 220-km drive - when the businessman asked him to turn towards Mangaluru.
As they approached a bridge near Mangaluru, the businessman asked his driver to stop the car and got off. Mr Patil, in the statement, said Mr Siddhartha asked him to drive towards the other end of the bridge and wait there.
Multiple teams of police forces, along with the Coast Guard and the National Disaster Response Force, had been searching for Mr Siddhartha. Police had also used dog squads and inflatable boats and roped in local fishermen to search the river.
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An intense search operation was carried out to look for Cafe Coffee Day founder VG Siddhartha.
A fisherman had on Tuesday claimed that he saw someone jumping off the bridge.

It is an open secret in the corridors of North Block that CBI, ED & Income Tax have gone rogue post being used by Modi & Shah to target & harass people. The same was the case with earlier govts but, the numbers now are mind boggling
Days before he went missing, Mr Siddhartha, 60, had reportedly written a letter to board members and employees of Cafe Coffee Day. The letter - accessed by news agency ANI - alleges harassment by an income tax officer and expresses regret for not being able to create "the right profitable business".

A man who created a global brand, created 50,000 jobs, was good to everyone ends his life under tragic circumstances. Compare this with criminals, rogues, frauds roaming freely in India. No country for good men. #Siddhartha
He also said that he was under "tremendous pressure" from one of "the private equity partners".



  • In Karnataka , #VGSiddhartha missing case is now becoming a case where income tax authorities were apparently putting pressure on him so as to get to
    . Case becoming murkier

  • An interesting pattern emerging under NDA. Relatively small & medium size indebted/defaulting promoters are being hounded ruthlessly but the big loan defaulting cronies owing over Rs.1 lakh crore are being given more breathing space. Agencies also a bit soft on them.
    VG Siddhartha's offices were raided by income tax officers in September 2017. He was among the country's largest exporters of coffee bean. His family has been in the coffee-growing business for more than 130 years, according to his profile page on the website of consultancy firm Mindtree, where he was a non-executive director.

    Imagine the tax terrorism ordinary entrepreneurs face if Siddhartha who was well connected faced such “harassment”

    From arrests & raids on
    MLA’s to cases against
    & Mayawati Modi & Shah have used central agencies for political vendetta & blackmail. So don’t be surprised if the agencies have gone rogue
    Calling for a fair probe into his death, senior Congress leader and former Karnataka Chief Minister Siddaramaiah said the letter reportedly written by Mr Siddhartha "discussed about tax terrorism, which is an ugly face of politically motivated institutions".

    Cafe Coffee Day founder VG Siddhartha jumped off a bridge to kill himself! Cafe Coffee Day has 1,750 outlets and more than 60,000 vending machines in 245 cities in India. Such a rich and successful man committed suicide! We ordinary people struggle so much to survive.
    The Income Tax Department on Tuesday denied charges of harassment during its probe against Mr Siddhartha as it pointed out that his available signature was different from that on a letter being circulated on social media.

    Modi rewarded one income tax official who had serious charges against him by making him election commissioner. A rogue ED official has sent out 3000 PMLA notices

    It said the businessman had admitted holding stash income after raids were conducted against him.
    Coffee Day Enterprises held an emergency board meeting on Wednesday and named independent board member SV Ranganath as interim chairman.-ndtv



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