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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Probe finds Rs. 20 billion missing after V.G. Siddhartha’s suicide

New Delhi: An investigation into Coffee Day Enterprises Ltd., initiated by its Board after the death of Founder V.G. Siddhartha, is likely to conclude that at least Rs. 20 billion is missing…

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Published March 16, 2020 · 2 min read
probe finds rs. 20 billion mis

New Delhi: An investigation into Coffee Day Enterprises Ltd., initiated by its Board after the death of Founder V.G. Siddhartha, is likely to conclude that at least Rs. 20 billion is missing from its accounts, according to people familiar with the matter, a report said.

The months-long probe following the suicide of Siddhartha in July 2019 examined the financial transactions of India’s largest coffee chain and its dealings with dozens of private companies owned by the entrepreneur.

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