Financier arrested at MIA for past murder

Mangalore Today News Network

Mangaluru, June 30, 2015: The City Police June 29,  arrested Bipin Rai, proprietor of Yashoda Krishna Finance, Pumpwell, on charges of murder of Abdul Hamid (47), a resident of Bunder.

 

Rai had been absconding ever since the murder came to light on October 7, 2014, and the police had issued a lookout circular after learning that he had fled to Thailand.

The alert immigration officials at the Mangaluru International Airport identified  Rai to the Mangaluru Rural police after he arrived from Thailand via Dubai.  The accused has now been remanded in judicial custody.

Hamid’s body was found with multiple injuries inflicted by sharp weapons at an isolated place in Vaidyanathanagara near Shaktinagar. His wife, Sabeena, had lodged a complaint with the police that Hamid had drawn loans from financiers and may have been murdered for non-payment of the money. The Mangaluru Rural police registered a murder case.

During the investigation, the police learnt that Hamid had availed himself of a loan from Rai and he had failed to repay. They also learnt that Rai gave ‘supari’ to Harish Kembaru and Abihshek Naguri to kill Hamid. The duo confessed to the police that Rai and Harish Sapalya had paid money to them to kill Hamid. The police also arrested Sapalya and recovered weapons and vehicles used for the murder on October 10, 2014.