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Nitin Desai death: Raigad police find loan documents ‘incomplete’
Updated On: 09 August, 2023 07:30 AM IST | Mumbai | Anurag Kamble
Officials being questioned claim no undue pressure was exerted on renowned art director regarding his loans
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Desai established ND Studios in 2005. Pic/Satej Shinde
The four officials of Edelweiss Asset Reconstruction Company Limited who were questioned on Tuesday in connection with the suicide of renowned art director Nitin Desai, have been called by the police again on Friday. The investigating officers have found that documents related to the two loans taken by Desai are incomplete and inadequate, and the police have asked them to bring more necessary documents on Friday. The questioning of the officials went on for 8.30 hours on Tuesday, wherein they claimed no undue pressure was exerted on Desai regarding his loans, and all the actions taken by the company are according to the law.
Four officials of Edelweiss and one insolvency professional were booked under IPC sections 306 (abetment of suicide) and 34 (common intention) on Friday at Khalapur police station. The officials of Edelweiss were summoned on Tuesday morning with documents related to Desai’s loans for questioning by cops. The cops had already asked legal advisors and account officials of ND Studios to present documents related to the loans to them.
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