Published On: Wed, Jul 31st, 2019

CCD founder V G Siddhartha cannot commit suicide: Sadananda Gowda

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Union Minister DV Sadananda Gowda said Wednesday Cafe Coffee Day founder V G Siddhartha could not have taken his own life.

Body of CCD chief is found from the banks of Nethravathi river near to the Hoige Bazaar in Mangaluru today at around 6:30 a.m. by a couple of fishermen. Post mortem will be carried out at the Wenlock government hospital.

V G Siddhartha was found missing on Monday night while he was en route on the Karnataka coastal city of Mangaluru. He has left self-signed letter addressed to the directors of Coffee Day Enterprises alleging to be under tremendous pressure from one of the private equity partners and several lenders.

His search operations were initiated on Tuesday morning.

V G Siddhartha founded the Cafe Coffee Day in 1996 at IT hub of Bengaluru. It is learned the family members would cremate him at the same place where his journey as Coffee King started.

Meanwhile, police has said to be resuming investigation after the release of post-mortem. It is said the body condition was in a surprisingly good condition even being in water for about 36 hours.

CCD founder V G Siddhartha cannot commit suicide: Sadananda Gowda

Gowda said, “Siddhartha could not have taken his own life. But a few doubts have surfaced… I do not know the reality behind the letter alleging harassment by the I-T officials written by him.”

Gowda was asked whether the CCD founder was harassed by the Income Tax officers.

Cafe Coffee Day has presence in six countries and serves 1.8 billion cups of coffee annually.

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