Haryana: Investors Kidnap Fertilizer Company Director, Demand Return of Unpaid Investments

Yamunanagar (The Uttam Hindu): In Yamunanagar, Haryana, the director of a fertilizer company was kidnapped by investors. They called the director under the pretext of lunch and then forced him into a Scorpio car, taking him to Paonta Sahib in Himachal Pradesh. A video of the kidnapping surfaced, showing 5-6 young men forcefully putting the director into the car. As soon as the police were informed, a team from Budiya Gate police station reached the spot. The police chased the kidnappers and arrested them in Paonta Sahib. Both of the arrested individuals are being interrogated.

It is alleged that the director had invested money from individuals into the company. The two kidnappers were demanding their money back from him, but the director refused, which led to the kidnapping. The investors of the company claimed that they had not received their money for the past three months.

Lured with Lunch and Kidnapped

Narendra Singh, who works at the company in Sonipat, told the police that there was a meeting of agents from Himachal Pradesh and other districts of Haryana at the company in Sector 17 on Friday. After the meeting, agents Kamlesh and Rinku invited the company's head, Rakesh Sharma, for lunch at a Dhaba in Budiya Chowk. Upon reaching the Dhaba, Kamlesh and Rinku, along with their associates, forcibly put Rakesh Sharma into a Scorpio car. When he tried to resist, Kamlesh and others shoved him into the vehicle. The police were immediately informed, and they managed to chase the kidnappers to Paonta Sahib, where Rinku and Kamlesh were arrested and Rakesh was safely recovered.

Kidnapping Due to Unpaid Money

Budiya Chowki in-charge Gurdayal Singh stated that the kidnappers had invested money in the Kenchua Agro company. They were repeatedly asking the managing director (MD) for their money back, but the MD had been delaying payments. For the past three months, neither the agents nor the team had received their payments, which led to the kidnapping of the MD by four or five young men. Two of them were arrested, and they are being interrogated.

 Investor’s Account

Investor Sanjeev Kumar shared that he had been lured into investing in Kenchua Agro company by the promise of earning money by selling earthworm fertilizer. He invested ₹3.5 lakh and also convinced others to invest. While the fertilizer was produced, it was not distributed. The senior officials of the company told him to keep receiving payments without any actual product movement. He further stated that they had received payments in January-February but no payments had been made since then. The investors from Paonta Sahib are frustrated due to the lack of payments, with 1200 people working in Paonta Sahib alone. They had asked the senior management to visit the area. For three months, no payments were received. When they brought the director to resolve the issue, the police instead filed a case of kidnapping against them.