In what it could be a shocker, Joy Arakkal a Non-resident Indian(NRI) committed suicide in Dubai by jumping atop his office building in Business Bay. The Businessman is 54 years old.
Talking about the sad incident, the Dubai police said that there are reported that the Indian Businessman took the extreme step unable to bear the financial hurdles and his body was handed over to his family members.
Going into details, Joy Arakkal who hails from the Manathavady in Wayand has been into the petroleum business for the last 2o years and he was the managing director of the Innova Refining and Trading FZE in UAE.
Some of the media reports state that Joy Arakkal has been facing severe losses in the petroleum business and shipping business and this might have forced the tycoon to opt for this extreme step.
The body of the India businessman was brought to Kozhidoke airport in a special chartered flight after completing the formalities and he will be buried in Manathavady Church cemetery. He is survived by a wife and two sons.
Talking about the sad incident, the Dubai police said that there are reported that the Indian Businessman took the extreme step unable to bear the financial hurdles and his body was handed over to his family members.
Going into details, Joy Arakkal who hails from the Manathavady in Wayand has been into the petroleum business for the last 2o years and he was the managing director of the Innova Refining and Trading FZE in UAE.
Some of the media reports state that Joy Arakkal has been facing severe losses in the petroleum business and shipping business and this might have forced the tycoon to opt for this extreme step.
The body of the India businessman was brought to Kozhidoke airport in a special chartered flight after completing the formalities and he will be buried in Manathavady Church cemetery. He is survived by a wife and two sons.