Body of India Coffee King Found as Letter Hints at Debt Woes

  • V.G. Siddhartha went missing on Monday after going for a walk
  • Letter to Coffee Day board talks of pressure over debt crunch
Indian Coffee Tycoon's Body Found
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V.G. Siddhartha, the founder of India’s biggest coffee chain, has been confirmed dead days after he purportedly wrote a letter indicating he was anxious about pressure from banks, investors and the tax authorities.

Siddhartha told his driver he was going for a walk on Monday, near a bridge close to the southern Indian city of Mangaluru. He was reported missing after he failed to return to the car later that night. The city’s police commissioner Sandeep Patil said early Wednesday that Siddhartha’s body had been found, but didn’t elaborate on the circumstances of his death.