It’s a business deal. They have your asset (son) and you have the consideration (Rs.60 lakh)…
His life was on a roll – both personally and professionally. A great job as the CEO of Adobe India, a loving wife Nidhi and a three year-old son on whom they lavished all their love and spare time. Life was perfectly normal for the Guptas when Naresh boarded the flight to Hong Kong in November, 2007 for a series of business meetings. In the morning of November 12, the 3 year-old Anant stepped out of his house to attend his pre-nursery classes at Lotus Valley International School in Noida. Anant never reached school that day. At about 8.45 A.M, he was kidnapped almost right in front of his house by two men on a motorcycle. All hell broke loose as the security guard of the Guptas – Kameshwar got 4 consecutive phone calls asking about the presence of cops. Of course, the media frenzy had started by then and a shattered Nidhi had to cope alone with intrusive, persistent and demanding reporters from 24-hour news channels laying siege to her house. “I had to immediately fly back from Hong Kong,” recalls Naresh even as he plays around with Anant, now a peppy and talkative 5 year-old. The ransom demand was Rs.6 million and he of course paid it to save his son (details later). Today, Naresh and Nidhi thank God and professional help for getting Anant back, safe!
But not every CEO or entrepreneur who gets a ransom demand of Rs.6 million for a kidnapped child is as lucky. Software entrepreneur, venture capitalist and MD of Golozan Technologies, Sanjay Chawla, is one such shattered man. His 17 year-old son Ribhu was on his way back home on July 28, 2009 from K.R. Mangalam School on his two-wheeler, when he was stopped and abducted by a gang of men in a WagonR. Sanjay and his family soon heard from the kidnappers who used Ribhu’s mobile phone to demand Rs.6 million as ransom. They even spoke to Ribhu who assured them that he was safe. The family paid an ‘advance ransom’ of Rs.1.5 million within the next 24 hours. The end to the tale: Ribhu’s dead body was found the next day in Vasant Kunj. A pall of gloom and despair now hangs over the Chawla residence in Delhi and there is a lot of bitterness.
His life was on a roll – both personally and professionally. A great job as the CEO of Adobe India, a loving wife Nidhi and a three year-old son on whom they lavished all their love and spare time. Life was perfectly normal for the Guptas when Naresh boarded the flight to Hong Kong in November, 2007 for a series of business meetings. In the morning of November 12, the 3 year-old Anant stepped out of his house to attend his pre-nursery classes at Lotus Valley International School in Noida. Anant never reached school that day. At about 8.45 A.M, he was kidnapped almost right in front of his house by two men on a motorcycle. All hell broke loose as the security guard of the Guptas – Kameshwar got 4 consecutive phone calls asking about the presence of cops. Of course, the media frenzy had started by then and a shattered Nidhi had to cope alone with intrusive, persistent and demanding reporters from 24-hour news channels laying siege to her house. “I had to immediately fly back from Hong Kong,” recalls Naresh even as he plays around with Anant, now a peppy and talkative 5 year-old. The ransom demand was Rs.6 million and he of course paid it to save his son (details later). Today, Naresh and Nidhi thank God and professional help for getting Anant back, safe!
But not every CEO or entrepreneur who gets a ransom demand of Rs.6 million for a kidnapped child is as lucky. Software entrepreneur, venture capitalist and MD of Golozan Technologies, Sanjay Chawla, is one such shattered man. His 17 year-old son Ribhu was on his way back home on July 28, 2009 from K.R. Mangalam School on his two-wheeler, when he was stopped and abducted by a gang of men in a WagonR. Sanjay and his family soon heard from the kidnappers who used Ribhu’s mobile phone to demand Rs.6 million as ransom. They even spoke to Ribhu who assured them that he was safe. The family paid an ‘advance ransom’ of Rs.1.5 million within the next 24 hours. The end to the tale: Ribhu’s dead body was found the next day in Vasant Kunj. A pall of gloom and despair now hangs over the Chawla residence in Delhi and there is a lot of bitterness.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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