Relative of suicide victim seeks action against financial company | Coimbatore News


TIRUPUR: Relatives of a mural painter, who killed himself by jumping in front of a moving train, blocked the Tirupur-Avinashi road for almost an hour on Friday, demanding action against a private financial company.
Police identified the deceased as LSA Rajesh Kannan, a resident of Angéripallam. A policeman said Kannan had taken a personal loan of Rs1.25 lakh from the private finance company three years ago. “He was unable to repay the loan due to the Covid-induced lockdown.”
The officer said the private finance company compounded the interest and asked Kannan to pay a higher sum within a specific time frame. “Since he was unable to pay the amount, Kannan left a suicide note and jumped in front of a high-speed train near Uthukuli Road on Thursday.”
Kannan’s relatives learned the details of the suicide note when the body was found on Friday. They went to the private fiancée company and questioned the staff there. “As the staff did not give a convincing answer, they resorted to a protest in front of the financial company. They sat on Tirupur-Avinashi Road, blocking traffic for about an hour.
When alerted, police rushed to the scene and held talks with the protesters, who demanded action against the staff of the private financial company. The protesters dispersed after police assured that a proper investigation would be carried out and action would be taken against the staff of the private finance company, if found guilty. tnn
Previous Kuwaiti finance company seeks $5.4m award from Iraq Telecom
Next Phenix Finance plans to launch MultiSig wallet service on Cronos chain after successful audit