Coffee Day-owned furniture unit DAFFCO shuts down in Karnataka
The company further added that all workmen at the factory have been terminated with immediate effect.
VG Siddhartha, Cafe Coffee Day founder and son-in-law of former Karnataka chief minister SM Krishna, who went missing from the near a river bridge on Monday night, is suspected to have committed suicide by jumping into the river in Mangaluru, the police said.
“Siddhartha is suspected to have jumped into the Nethravathi river near Mangaluru from the bridge though his body has not been traced so far despite massive search operation,” Mangaluru Police Commissioner Sandeep Patil was quoted as saying by IANS.
The businessman was last seen on the river bridge. He reportedly got down from his car near the Netravati river bridge and asked his driver Basavaraj Patil to go ahead and wait.
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When he didn’t come back after an hour the driver contacted the police and registered a missing complaint.
According to a statement by the driver, they were going to Sakleshpur from Bengaluru in a Toyota Innova, when in the middle of the journey his boss asked him to go to Mangaluru.
Police suspect Siddhartha would have jumped into the flowing river from the bridge as the driver found him missing in the area since then.
Siddhartha, 60, is the eldest son-in-law of BJP’s senior leader and state’s former CM SM Krishna.
Earlier in March, Siddhartha sold his entire 20 per cent equity stake in consultancy firm Mindtree to engineering and construction company Larsen & Toubro Ltd for Rs. 3,300 crore.
Meanwhile, a letter has emerged reportedly written by VG Siddhartha to the management and employees of CCD in which he has expressed unhappiness over not creating “the right profitable business”.
The letter also talks about the harassment he had allegedly faced at the hands of tax officials.
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