Discover and read the best of Twitter Threads about #VGsiddartha

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Surprised with many people blaming the disapperance of #VGSiddhartha (CEO #CafeCoffeeDay), on alleged pressure from tax-authorities.

The Tax-Raids happend in Sep-2017 and ₹650 crs of concealed income was found (admission on record). Why disappear now, after nearly 2 yrs?😎
Based on #VGSiddhartha confessions in departing-letter, he admits concealing 'transactions' 4m his team/auditors/senior-management. Why would he do that? Did he launder/lose money elsewhere?😎

If DG-IT was harrasing him, why did he not disclose earlier? He is SIL of Ex-CM🤦‍♂️
#VGsiddartha recently sold 20% of his stake in #Mindtree for whopping ₹3269 crores. Where did that money go, if there was liquidity crunch?

Coca-Cola was ready to buy 20% of his stake in #CafeCoffeeDay.

Despite huge money, why things so bad?😎
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