VG Siddhartha Live Updates: CCD owner found dead; body recovered

Karnataka:  Over a day after he went missing under suspicious circumstances, body of VG Siddhartha, founder of Cafe Coffee Day and son-in-law of former CM SM Krishna, has been found on the banks of Netravati River near Hoige Bazaar in Mangaluru.

He was missing from the Netravati dam site in Karnataka since Monday evening. As per his driver, he got off from his car near a bridge in Kotekar on the Netravati River near Mangalore around 6.30 pm on Monday and did not come back. As Siddhartha did not return even after an hour, his driver tried to look for him but to no avail.

VG Siddhartha found dead Live Updates:

# Relatives have confirmed that the body recovered from Netravati river is of VG Siddhartha: Mangaluru MLA UT Khader.

# Mangaluru Police Commissioner Sandeep Patil: 

Mangaluru Police Commissioner Sandeep Patil: We found the body early morning today. It needs to be identified, we have already informed the family members. We are shifting the body to Wenlock Hospital. We will continue further investigation. #Karnataka pic.twitter.com/bViP94Mpit

— ANI (@ANI) July 31, 2019

# Body of CCD founder, VG Siddhartha has been found on the banks of Netravati River near Hoige Bazaar in Mangaluru.

#  In the last letter to employees, VG Siddhartha has cited “harassment” at the hands of the tax authorities as one of the reasons for fund crunch in his company Cafe Coffee Day.

# VG Siddhartha’s remains taken to Mangaluru’ Wenlock hospital where postmortem will be conducted.

# In his letter, Siddhartha had said that he “failed as an entrepreneur”. “After 37 years, with strong commitment to hard work, having directly created 30,000 jobs in our companies and their subsidiaries, as well as another 20,000 jobs in technology company where I have been a large shareholder since its founding, I have failed to create the right profitable business model despite my best efforts,” Siddhartha said in his last letter.

# As per local fisherman, they saw someone jumping into the river on Monday evening.

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