 "CCD, Cafe coffee Day")
An investigation into the circumstances that led to the alleged suicide of VG Siddhartha, who was the owner of the Coffee Day group, has revealed Rs 3,535 crore being siphoned off from the company by the entrepreneur's personal firms.
The probe gave a clean chit to the tax department that was being alleged to have harassed Siddhartha.
The investigation, led by the former deputy inspector general of CBI, Ashok Kumar Malhotra, stated that Siddhartha's "Mysore Amalgamated Coffee Estates Ltd (MACEL) owes a sum of Rs 3,535 crore to the subsidiaries of Coffee Day Enterprise Ltd(CDEL)."
Out of this, "a sum of
