Economy
Seven Arrested in Vasai for Plotting MD's Murder Over Rs 32 Crore Debt

Seven Arrested in Vasai for Plotting MD's Murder Over Rs 32 Crore Debt

The Times of India1h
THE BRIEF
1

Police in Vasai, Maharashtra, arrested seven individuals, including a company chairman, for allegedly hiring hitmen to assassinate the firm's Managing Director.

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The conspiracy was reportedly motivated by the chairman's desire to avoid repaying a Rs 32 crore loan owed to the MD, who survived the shooting incident.

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Authorities have charged the suspects with conspiracy and attempted murder, while the company confirmed the victim is currently stable and recovering in a local hospital.