Published 21:43 IST, July 31st 2019
Ravichandran Ashwin shares Cafe Coffee Day nostalgia after founder VG Siddhartha's sudden demise
After the tragic death of Cafe Coffee Day (CCD) founder VG Siddhartha, people from all walks of life are coming forward to express their concerns on his untimely demise.
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After the tragic death of Cafe Coffee Day (CCD) founder VG Siddhartha, people from all walks of life are coming forward to express their condolences. Among them is cricketer Ravichandran Ashwin.
The veteran off-spinner took to Twitter and wrote that his first memories of going out with friends and having a cup of coffee happened only with the inception of Cafe Coffee Day.
Even the netizens joined the Kings XI Punjab skipper in giving their opinions about CCD and to express their concerns over the death of its founder. Here some of them.
How the CCD founder's life ended unexpectedly
VG Siddhartha's body was found from the backwaters of Netravati River in Mangaluru on Wednesday. It was then sent for post mortem to Wenlock Hospital.
As per sources, his body was found 2-3 kilometers away from where Siddhartha was last seen, even before the rescue operation resumed on July 31.
Siddhartha went missing since Monday evening after he went with his driver to Bengaluru. However, as per his driver's statement to the Police, the CCD founder asked him to change the route to Mangaluru.
His body was recovered two days after he went missing, the Police is still probing the matter.
Meanwhile, in a letter addressed to the company's board days before he went missing, VG Siddhartha had emotionally written about having failed as an entrepreneur and alleged harassment by I-T authorities. "I hope someday you will understand, forgive and pardon me," he stated in the letter.
"I would like to say I have given it my all. I am very sorry to let down all the people that put their trust in me. I fought for a long time but today I have given up as I could not take any more pressure from one of the private equity partners forcing me to buy back shares,a transaction I had partially completed six months ago by borrowing a large sum of money from a friend. Tremendous pressure from other lenders lead to me succumbing to the situation. There was a lot of harassment from the previous DG income tax in the form of attaching our shares on two separate occasions to block our Mindtree deal and then taken possession of our Coffee Day shares, although the revised returns have been filed by us. This was very unfair and has led to a serious liquidity crunch," the letter stated.
20:45 IST, July 31st 2019