In a shocking incident VG Siddhartha, the founder of Cafe Coffee Day and son-in-law of former Karnataka Chief Minister SM Krishna, has gone missing from a bridge near Mangaluru in Karnataka. He was last seen on the bridge over the Netravati river in the coastal town on Monday evening, according to the Karnataka police.
Mr Siddhartha’s driver Basavaraj Patil said they were going to Sakleshpur from Bengaluru in a Toyota Innova – a 220-km drive – when the businessman asked him to turn towards Mangaluru.
As they approached a bridge near Mangaluru, Siddhartha asked the driver to stop the car and got down from the vehicle. Mr Patil, in the statement, said Mr Siddhartha asked him to drive towards the other end of the bridge and wait there.
“He said he will walk and come and after an hour later I called him but his phone was switched off. Then I called his son and he said he’ll call him too. Later I filed a complaint,” said Mr Patil, who has been the driver for the three years.
Mr Siddhartha reportedly wrote a letter to the management and employees of the Coffee Day, expressing unhappiness over not creating “the right profitable business”. “…I have failed to create the right profitable business model despite my best efforts… Every financial transaction is my responsibility… The law should hold me and only me accountable,”
VG Siddhartha’s offices were raided by income tax officers in September 2017. He is among the country’s largest exporters of coffee bean. His family has been in the coffee-growing business for more than 130 years.