Mangaluru: A year after Siddhartha's suicide, investigation stuck at initial level

Daijiworld Media Network - Mangaluru (SP)

Mangaluru, Jul 29: It has been a year since Cafe Coffee Day founder, V G Siddhartha, committed suicide by jumping into River Netravati from the Ullal bridge. However, the reasons behind his suicide has remained a mystery.

Siddhartha had, on this day last year, arrived here by car. He had asked the driver to stop the car near the Ullal bridge and had walked alone on the bridge before going missing. His body was found in the river near Hoige Bazar on July 31.

The investigation team lead by city (south) assistant commissioner of police had investigated the case from different angles and filed final report on August 26, 2019. The report says that Siddhartha died of suffocation and therefore concluded that the death was caused due to suicide. But reasons behind the suicide have not yet been found out.

V G Siddhartha

The bridge which had already earned notoriety for being a spot of suicides, gained further attention after Siddhartha's suicide. Within a year, eight persons jumped into the river from the bridge and ended their lives, and now, protective fencing at a cost of Rs 58 lac is being built at the bridge.

Many theories were floated about the cause of this suicide including harassment by income tax department. A committee headed by retired director of Central Bureau of Investigation, Ashok Kumar Malohotra, had investigated and found that Siddhartha had transferred Rs 3,535 crore from Cafe Coffee Day to his own companies. Recent reports said that the income tax department has been given clean chit by the committee.

In a letter written four days before his suicide, Siddhartha had owned entire responsibility for all the financial dealings. He also claimed that neither the auditors nor the senior members of the board had any inkling about the financial dealings put through by him.

Police said that deeper investigation from different angles into the case is yet to be carried out. They said that circumstances leading to Siddhartha's death could not be ascertained as the police were busy investigating many cases pertaining to law and order situation since December last.




Comment on this article

  • j.anata, Mangaluru / Bengaluru

    Wed, Jul 29 2020

    His own family members as well as New "Soirees" DiKeShi family interested in marriage functions

    DisAgree [4] Agree [8] Reply Report Abuse

  • R.Bhandarkar, Mangaluru...

    Wed, Jul 29 2020

    Bang on....
    They have moved on... looking forward... forgetting everything.
    What investigation ?
    DKshi only not bothered about CBI and ED investigation when full of life ! Then what is this??

    DisAgree [7] Agree [7] Reply Report Abuse

  • Raj, Mangalore

    Wed, Jul 29 2020

    SM Krishna join BJP to make life peaceful...RIP Siddharth...

    DisAgree [4] Agree [15] Reply Report Abuse

  • R.Bhandarkar, Mangaluru.

    Wed, Jul 29 2020

    Nobody expects any results either...This looks Open N Shut case.
    Not like the other 'S' case though in Mumbai...! Sushant Singh...His girl friend had his credit card it seems ...and had withdrawn 15 crores from his account it seems..It is on record?
    Cynthi ,Lan Sir...Why 15 crores you withdraw if you 'Love' somebody?And not reveal it in the first instance? Are we near solving this case at least?? In our times (not long back Ok?) girls were rich...boys weren't... Girls were never scheming...

    DisAgree [6] Agree [8] Reply Report Abuse

  • Rathna, Bengaluru

    Wed, Jul 29 2020

    When this piece is about late Siddharth, you not only are being rather quidnunc talking about Sushanth, but are trying to drag two more into your gossip club !

    DisAgree Agree [7] Reply Report Abuse

  • R.Bhandarkar, Mangaluru.

    Wed, Jul 29 2020

    Forget quidnunc and all that stuff? What do you actually want ??
    Weren't you quidnunc commenting about me the other day writing balderdash and getting it back?
    What more do you want?
    Why don't you pick on others??
    Quidnunc it seems quidnunc ..Whole day peeping into dictionary to find mean words to describe me ...By comments only I can make out OK?
    Don't...It is not pleasant retorting this way....

    DisAgree [5] Agree Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Jul 29 2020

    The Big Boss will be in trouble for faulty Implementation of Demonetization, GST & Lockdown ...

    DisAgree [10] Agree [16] Reply Report Abuse


Title : Mangaluru: A year after Siddhartha's suicide, investigation stuck at initial level


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