Reports gathered by this paper from the Business Line of India say the 'missing' chief of Ahmedabad-based Sai Info Systems (SIS), Sunil Kakkad, has been arrested by interpol and the local police in Liberia in connection with the alleged Rs 1,000 crore fraud. Kakkad, along with family, had been missing since June last year after the company failed to pay salaries to its employees and repay its lenders. Sources in the Ahmedabad crime branch confirmed the arrest by the international counterparts, but did not say when he was arrested.
The report did not also say whether he has been taken back to India to face justice there. The Liberian National police could be reached for comment up to press time. Indian Consul General in Liberia Upjit Shachdeva, otherwise known as Jeety, did not respond to this paper's inquiry on the matter when he was called and subsequently messaged.
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