Did the SIT uncover harassment evidence in CJ Roy's death case?
Synopsis
Key Takeaways
Kochi/Bengaluru, Feb 12 (NationPress) The Special Investigation Team (SIT) examining the circumstances surrounding the death of Confident Group Chairman C. J. Roy has uncovered no proof to substantiate the claims that officials from the Income Tax Department harassed or exerted pressure on him before his demise.
As the investigation approaches its conclusion, officials indicate that initial findings suggest significant business-related stress may have been a primary factor leading to his suspected suicide.
The SIT has confirmed that Roy was not interrogated by Income Tax officials on the date he tragically took his own life on January 31 at his Bengaluru office.
Authorities have also indicated that there is no evidence thus far to suggest that the tax authorities imposed undue pressure on him.
"There is no evidence indicating that Income Tax officials coerced or intimidated him," sources mentioned, adding that Roy seemed to be grappling with various unresolved personal matters.
Police are investigating the reasons behind Roy's recent treatment for mental stress.
To better understand his mental state, the SIT has gathered testimonies from three close friends in Kochi with whom he had extensive phone discussions leading up to his death.
These individuals reportedly shared a personal connection with him, rather than a business association.
Investigators are also pursuing information from two YouTubers who created promotional videos for the Confident Group, and statements from business partners were collected earlier.
Simultaneously, police are gearing up for a comprehensive examination of Roy's financial activities.
Audit records of his companies will be meticulously reviewed, and private auditors have been assigned to scrutinize financial transactions.
Officials are working to ascertain whether challenges concerning fund flows, regulatory pressures, or investor demands contributed to his escalating stress.
Roy, known for his extravagant lifestyle, including a collection of luxury cars in Dubai, had faced increased scrutiny of his financial dealings in recent times.
Last week, the company reassured that operations have resumed at all sites and that commitments to those who have purchased flats are intact.