Mumbai: Body of missing bank executive found; woman detained

Sep 10, 2018, 15:14 IST | mid-day online correspondent

Sarfaraz Shaikh was allegedly hired to kill Siddharth Sanghavi, a vice-president with a top private bank in south Mumbai who went missing on September 5 evening

Mumbai: Body of missing bank executive found; woman detained
Siddharth Sanghavi.

The body of a 39-year-old bank executive Siddharth Sanghavi, who went missing five days ago, was found and a person has been detained in connection with the death. A 20-year-old cab driver, Sarfaraz Shaikh alias Rais, a resident of Koparkhairane in Navi Mumbai along with our other people, including a woman, have been detained in connection with the case which appears to be a fallout of professional rivalry, police said.

Sarfaraz Shaikh was allegedly hired to kill Siddharth Sanghavi, a vice-president with a top private bank in south Mumbai who went missing on September 5 evening. The accused driver was initially detained by the Navi Mumbai Crime Branch and handed over to the Mumbai Police, which placed him under arrest, Deputy Commissioner of Police (Crime) Tushar Doshi said. "We found his role in hatching the conspiracy, murder and destroying Sanghavi's body," he said. The car used in the crime was found parked near Shaikh's residence, he said. Shaikh allegedly killed Sanghavi on Wednesday, the day he went missing, and dumped his body near the Haji Malang shrine at Kalyan in neighbouring Thane district, another official said.

According to initial investigation, the deceased Siddharth Sanghavi, who was promoted recently, was killed over professional rivalry. His body was recovered on Sunday, he said. During investigation, Shaikh, who also works as a fabricator, claimed he was hired by four people, including a woman, to kill Sanghavi, the official said."As of now, we have arrested one person and questioning is going on of few more," Senior Police Inspector of N M Joshi Marg police station, Pandit Thorat said.

Sanghavi, a resident of upscale Malabar Hill area in South Mumbai, used to travel to Kamala Mills compound in Parel, Central Mumbai, where his office was located.His family members lodged a missing person complaint at the N M Joshi Marg Police Station Central Mumbai when he did not return home. His car was found abandoned Friday at Koparkhairane in adjoining Navi Mumbai with blood stains on its rear seat, the police said earlier.

Sanghavi's phone was switched on for a few minutes in Navi Mumbai after he went missing, the official said, adding the phone has been found with Shaikh. Shaikh kept changing his statements after he was detained and questioned. He did not name the mastermind and tried to change the direction of the investigation by giving misleading information, the official added.

Also Read: Missing Mumbai Bank VP Murdered, Says Detained Man

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