Home NEWS CCD owner V.G Siddhartha dead body found near Mangaluru river

CCD owner V.G Siddhartha dead body found near Mangaluru river

Source: www.thehindubusinessline.com

The body of Cafe Coffee Day (CCD) founder V.G Siddhartha was found from the banks of the Netravathi River in Karnataka’s Mangaluru on Wednesday, two days after he went missing.

One of the fishermen had claimed that he had seen a man likely to be  V.G Siddhartha jumping into the Netravathi river near Mangaluru from the bridge the day before yesterday evening. After the police confirmed the body of VG Siddhartha.

V.G Siddhartha  gone missing from Monday evening, according to the confession given by his driver Basavaraj Patil to the police, 60-year-old Siddhartha location was last tracked somewhere between Ullal and Mangaluru over the Netravathi river around 7:00 pm evening,

According to sources, police recovered the body around 6:00 am today in the Hoige Bazar area and later on it was identified and confirmed that the body was of V.G Siddhartha. The police informed his family and also sent the body to Wenlock hospital for postmortem and other required formalities. 

Our investigation will continue,” Mangaluru’s commissioner of Police Sandeep Patil said.

“It is not so hard to relate to V.G Siddhartha. A businessperson has to handle multiple kinds of pressures from multiple stakeholders,” said Manish Kumar, co-founder, GREX, a fund-raising platform for start-ups.

“Any company can immediately spiral out of regular operations if there is no quick confluence of plans and resolutions between multiple stakeholders and things may never return to normal once they go out of hand. Apart from investors, customers, employees, and partners, the state is one big, multi-party stakeholder as well. There are many departments or wings of the government and they do not talk to each other and this complicates matters,” added Mr. Kumar.

Look at the evolution of V.G Siddhartha

Apart from being the owner of Coffee Day V.G Siddhartha was also the son-in-law of  Mr.SM Krishna,

Mr Krishna is BJP leader and also served as the external affairs minister in the Congress government (2009-12) and state minister (199-2004) when in the congress.

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