Media

Mumbai Designer Was In Financial Crisis Before Arnab’s Office Contract: Report

By
OB Bureau

Mumbai: Republic TV Editor-in-Chief Arnab Goswami and two others were granted bail on Wednesday a week after being arrested in connection with a 2018 case of abetment to suicide.

Following the suicide of Mumbai interior designer Anvay Naik and his mother Kumud Naik on May 5, 2018, at their Alibaug bungalow in Maharashtra’s Raigad district, police found a suicide note which named Goswami, Neetish Sarda of Smartworks and Firoz Shaikh of IcastX/Skimedia, for allegedly failing to pay dues amounting to Rs 83 lakh, Rs 55 lakh and Rs 4 crore, respectively, to Anvay Naik’s company, Concorde Designs Pvt Ltd.

The case, which was closed by Raigad police last year, was reopened last month as fresh evidence was claimed to have been found. The arrests of the trio followed.

Documents accessed by ThePrint, however, revealed that the financial woes of Anvay Naik and his company were much deeper than the money the trio allegedly owed them.

The online newspaper said that Concorde was suffering heavy losses, and had debts close to Rs 20 crore as well as multiple disputes with tax authorities, by 2016 itself – before Goswami’s office contract.

The report further states that Anvay Naik was director and shareholder in a construction firm, co-owned by a local Nationalist Congress Party (NCP) functionary, before 2012. That company was removed from Registrar of Companies listing after suffering losses.

“Anvay Naik may have had ups and downs earlier and faced losses in his firm and due to his other business engagements, but he came out of it. He bounced back. In this case, we have evidence that there was a concerted effort to pressurise him, which seemed to be the final trigger,” Anvay Naik’s lawyer Vaibhav Karnik was quoted as saying.

Also Read: TV Anchor Arnab Goswami Granted Bail By Supreme Court

OB Bureau

Recent Posts

Odisha CM Directs To Supply 3 Months’ PDS Rice To Beneficiaries In Advance

Bhubaneswar: Odisha Chief Minister on Tuesday issued direction to provide rice of three months' quota…

November 5, 2024

[Watch] Salman Khan Shoots For ‘Sikander’ In Falaknuma Palace Amid Tight Security

Mumbai: In the wake of a fresh death threat by the Lawrence Bishnoi gang, actor…

November 5, 2024

Bachchan Family Upset With Nimrat Kaur, To Take Action Against Source Of Rumour

Mumbai: Rumours about Abhishek Bachchan and Aishwarya Rai’s divorce have been doing the rounds for…

November 5, 2024

Surge In Patients With Respiratory Issues In Delhi Hospitals

New Delhi: Hospitals across Delhi are witnessing a spike in the number of patients with…

November 5, 2024

ISKCON Cancels ‘Untimely’ Rath Yatra In Houston

Bhubaneswar: Facing a strong opposition from the devotees of Lord Jagannath and Puri Gajapati Maharaja…

November 5, 2024

[Watch] Is Abhishek Bachchan’s ‘I Want To Talk’ Similar To Dad Amitabh’s ‘Piku’?

Mumbai: The trailer of the highly-anticipated Abhishek Bachchan starrer ‘I Want to Talk’ was unveiled…

November 5, 2024

One Killed, Two Injured In Mukhyamantri Bus-Bike Collision In Odisha’s Ganjam

Berhampur: One person was killed and two others were injured in a collision between a…

November 5, 2024

Raveena Tandon’s Daughter To Debut With Ajay Devgn’s Nephew

Mumbai: Bollywood actress Raveena Tandon’s beautiful daughter Rasha Thadani is all set to make her…

November 5, 2024