Still clueless about the reason behind Sippy Sidhu’s murder, police are now probing the Rs 8-crore financial dispute that he was handling on behalf of a Jalandhar firm.
The firm is involved in litigation with a Delhi-based realty company. The latter had floated a housing project in Amritsar and paid Rs 8 crore to the Jalandhar firm to procure land and make other arrangements.
Some non-resident Indians (NRIs), too, invested in the project. However, it could not take off and the Delhi firm sought its money back. The cheques given by the Jalandhar firm, however, were dishonoured and a case was filed. Sippy was representing the Jalandhar firm in the case that was going on in a New Delhi court. Police said they were trying to get some lead from the ongoing litigation, as it involved a huge sum of money. Cops said that during the investigation, it was learnt that the owner of the Jalandhar firm had left India.
A clue gathered from the diary, which allegedly fell off the car that was following Sippy and was handed over by him to the SAS Nagar police a month back, also points towards the same case.
Police said the diary carries the name of a person, called “Girdhar”, who had the power of attorney of an England-based NRI, who invested money for buying land in Amritsar.
Cops probing other angles too
The UT police called an SAS Nagar resident, who had bought some land with Sippy, for interrogation. Sippy’s call details revealed that the man was in touch with him. Cops are also trying to find some leads from the woman belonging to a wellheeled family who is suspected to be present at the Sector-27 park when Sippy was killed.
‘Diary’ could hold vital clues
A month ago, Sippy claimed that four persons were following him in a car and when they tried to flee, a diary fell off the vehicle.
He handed over the diary to the SAS Nagar police. Besides Sippy’s name and some amount mentioned against it, the diary reportedly carries the name and phone numbers of Yuvraj Bhupinder Singh, son-in-law of senior Akali Dal leader Bibi Jagir Kaur. Yuvraj, who is the Kapurthala zila parishad chairman, confirmed that Sippy had informed him about the incident.