Pune's gold man' Datta Phuge beaten to death in front of son

July 15, 2016

Pune, Jul 15: Datta Phuge, the Pune businessman who came to be known as the "gold man" after he was photographed in a pure gold shirt a few years ago, was allegedly beaten to death in front of his son late last night.

goldMr Phuge, 48, was reportedly attacked by a dozen men who dragged him out of his car, struck him with a sickle and pounded him to death with huge stones before running away.

His 22-year-old son, who was also present, was spared by the attackers.

The police say Mr Phuge and his son were invited by one of the suspects for a birthday celebration.

A financial dispute is suspected to be the motive. Four persons have been detained. Some reports said his nephew is among them.

Four years ago, the high-profile businessman made a memorable image in a 22-carat gold shirt worth over Rs. one crore, with Swarovski crystal buttons and a matching gold belt. It was billed as the world's most expensive shirt and designed to catch the eye easily.

The 3.5 kg shirt, crafted by 15 workmen from Bengal according to legend, did get him noticed.

Mr Phuge, a member of Sharad Pawar's Nationalist Congress Party, grabbed prime time space on many Marathi television channels.

The husband of a former civic corporator, Mr Phuge had a money-lending and chit fund business. Over the recent months, he had been accused of financial bungling.

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Satyameva jayate
 - 
Friday, 15 Jul 2016

Really feel the pain of a death...but he has to reply to God for his show off....can all that gold help him....wished if people could speak from their graves

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coastaldigest.com news network
June 10,2020

Mangaluru, June 10: The first direct repatriation flight from Damma to Mangaluru International Airport under Vande Bharat Mission will be operated on June 21.

Thousands of people from coastal districts of Karnataka are stranded without flights in different parts of Saudi Arabia after the announcement of covid lockdown in March this year. 

Even though the government of India launched Vande Bharat Mission to repatriate Indian expatriate through special flights, no flight was scheduled from Saudi Arabia to Mangaluru.

Several organisations had exerted pressure on the government of India and government of Karnataka to bring back stranded Kannadigas from Saudi Arabia.  

With the sole intention of helping the stranded Kannadigas, a few philanthropists in Saudi Arabia last month formed an NGO called Saudi Kannadigas Humanity Forum under the leadership of Zakariya Bajpe and Sheikh Expertise. 

Comments

Manoj nishad
 - 
Friday, 12 Jun 2020

Nem man

oj nishad  passport no N6564483 mai 3 sal se Saudi me hon mere pas na to

 

Paysa hai na to kam hai na to aqama  hai 

 

Mai ghar jaong 

0568060172

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Agencies
July 25,2020

New Delhi, Jul 25: Nearly a year after Cafe Coffee Day founder V.G. Siddhartha's death, the probe committee appointed by the Board of Coffee Day Enterprises Ltd (CDEL) has given a virtual clean chit to private equity investors and the Income Tax Department who were named in his last letter.
The investigation report noted that Siddhartha may have felt "aversive behavioural stimulus" due to persistent reminders from the PE investors and other lenders.

"However, such reminders and follow-ups by the PE investors and lenders are not something which are beyond normal industry practices and we believe that PE investors were acting as per accepted legal and business norms," said that report.

It further said that the investigators were not provided with any documentary evidence to show any "advertent or inadvertent harassment" from the Income Tax Department.

It however, said that the financial records suggest a serious liquidity crunch which may have arisen due to the attachment of Mindtree shares by the IT Department.

Further, the probe revealed that MACEL, a private firm of Siddhartha, owes Rs 2,693 crore to Coffee Day Enterprises, which the report says, "needs to be addressed".

The Cafe Coffee Day founder's body was fished out of the Netravathi river in Karnataka by a group of fishermen on July 31 last year, a day after he went missing.

His last note raised several questions about the role of investors, and tax officials.

He had written: "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 taking 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 massive shock to the industry and the country also led the government to assure that tax officials would not harass businessmen and the situation would improve.

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News Network
March 27,2020

Bengaluru, Mar 27: Karnataka Pradesh Congress Committee (KPCC) on Friday formed a task force to monitor the spread of COVID-19 disease in the state and provide guidelines and suggestions to contain its proliferation in the state.

In a press release, the KPCC has stated that the 15 member committee will be headed by the senior Congress leader and former Health minister K R Rameshkumar also included two other former health ministers, Shivanand Patil and U T Khader as the members of the committee.

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