A 33-year-old businessman from Seechewal village of the district was shot dead on Tuesday morning in the Philippines.
The victim, Ranjeet Singh, was running a finance firm in Cibu city for the past six years in partnership with a man hailing from Kapurthala.
Ranjeet was living with his wife and two children. On Tuesday, around 8.30 am (as per the Philippines' time) he was going to his office when some unidentified persons with their faces covered opened fires at him. He died on the spot.
Tarsem Singh, who also hails from Seechewal village, informed his family members about the incident at 11 am.
A pall of gloom descended on the village after the news came about the NRI's demise.
Speaking to HT, Amrik Singh, the victim's brother, said his elder brother was travelling alone when he was gunned down.
"My brother talked to me and the family on Monday night. He did not tell us about any danger to his life. Ranjeet had gone to the Philippines seven years ago for making his career in finance sector," he said
Amrik said Ranjeet's business partner Simar Singh promised to send his body after completing formalities.
He claimed that Punjabis were being targeted in the Philippines for last few years. Amrik said his brother was jailed last year after he was implicated in a case. He hinted at the possibility of some Indian-origin gang being behind his brother's murder.
In the last 19 months, several Indian financiers have been murdered in the Philippines of which more than 10 were from Moga district alone.
Harveer Singh (29) of Raunta village was murdered in October 2012, while Lakhvir Singh (21) of Safuwala village of Moga district was killed in September 2012.
Baljeet Singh (32) of Kokri Kalan village was killed in January this year and Gurdial Singh (46) of Dosanjh village targeted in February.
Brothers Gurmeet Singh (28) and Veer Singh (24) of Bhinder Kalan village were murdered in separate incidents in January and March last year respectively.
Balwinder Singh (23) of Manuke Gill village was shot dead in May last year and Jagroop Singh of Daudhar village was killed in July.