'I have failed as an entrepreneur… I gave up': V G Siddhartha’s alleged letter goes viral

coastaldigest.com web desk

July 30, 2019

Newsroom, Jul 30: In an alleged letter, which is being circulated over social media, Siddhartha, V G Siddhartha, the Founder & owner, Cafe Coffee Day (CCD), who is missing since last night, says he "failed to create the right profitable business model despite my best efforts."

However, the signatures mentioned in the letter differ from Siddhartha's signatures mentioned in the company's annual report.

VG Siddhartha's alleged letter to employees and board of directors of CCD, states, "Every financial transaction is my responsibility...the law should hold me & only me accountable." However, the signatures don't match with his signatures in the company's annual report.

Here is the alleged letter:

Also Read:

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Karnataka BJP MPs meet Amit Shah; seek help to trace ‘missing’ Siddhartha

‘Utterly fishy. Unbelievable. Siddhartha called me on July 28. He wanted to meet me’: D K Shivakmuar

Mangaluru: Coffee tycoon Siddhartha goes missing from Netravati Bridge; massive search underway

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i have no idea how much harassment u got it from the lenders. but still u had lot of option. RIP.

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Number of corona containment zones in DK reduces to 6 including 3 in Mangaluru

News Network

May 5,2020

Mangaluru, May 5: The Dakshina Kannada district administration has denotified two containment zones, Sampya in Puttur and Thumbe in Bantwal. They were declared containment zones after one coronavirus positive case was reported from each area.

All the primary and secondary contacts of the patients have completed home quarantine period, said DC Sindhu B Rupesh.

The district administration hitherto had already denotified three other such containment zones based on a report of DHO, after no new case was reported in the area in the last 28 days.

At present, the district has six containment zones-- Shakthinagara, Boloor, First Neuro Hospital in Mangaluru city, Uppinangady in Puttur, Kasaba and Narikombu in Bantwal taluk.

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Another woman from Bantwal tested positive for coronavirus; 19th case in Dakshina Kannada

News Network

April 26,2020

Mangaluru, Apr 26: Yet another covid-19 positive case has been reported from Bantwal taluk of Dakshina Kannada district.

Health and Family Welfare Department's latest bulletin revealed that a 47-year-old woman from Panemangaluru in Bantwal was tested positive for the coronavirus.

With this the total number of covid-19 infected people in Dakshina Kannada rose to 19 out of which 7 are from Bantwal taluk.

According to sources, this woman was working as a sweeper in a private hospital in the city where a coronavirus victim from Bantwal was being treated before she was shifted to covid-19 hospital.

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