Indian police are surrounded by media as they escort former media executive Indrani Mukherjea from a city court in Mumbai on August 31. AFP Photo
Indian police are surrounded by media as they escort former media executive Indrani Mukherjea from a city court in Mumbai on August 31. AFP Photo

India gripped by Indrani Mukerjea murder mystery



NEW DELHI // A murder investigation involving a former media tycoon and her slain daughter has gripped India, revealing sordid details of deceit, hatred and a pre-meditated plan to kill.

Last week, Mumbai police arrested Indrani Mukerjea, 43, the former head of the New Delhi-based INX Media group, on charges of murdering her daughter Sheena Bora in 2012. Bora was just 22-years-old at the time of her death.

Ms Mukerjea’s ex-husband, Sanjeev Khanna, and her driver, Shyam Rai, have also been arrested for allegedly being part of the plot.

The three accused appeared in a Mumbai court on Monday, where a judge extended their police custody until September 5.

Police began investigating Ms Mukerjea about four months ago, following an anonymous tip, according to police statements.

However, the investigation only picked up after Mr Rai confessed to being involved in Sheena’s murder, following his arrest two weeks ago on unrelated illegal firearms charges.

The case has all the trappings of a murder mystery. For unknown reasons, Ms Mukerjea would introduce Sheena as her sister, instead of her daughter. It was only after Ms Mukerjea’s arrest that Sheena was revealed to be her daughter from the first of her three marriages.

Even Ms Mukerjea’s current husband, Peter Mukerjea, the former chief executive of Star TV in India, did not know the truth about the relationship. “I feel like I have been kept in the dark about major parts of my marriage for 15 years,” he told the news channel NDTV last week.

Mr Mukerjea was in London when this crime was committed.

Following police questioning, Mr Rai said he had on April 24, 2012 driven Ms Mukerjea and Mr Khanna to pick up Sheena in the Mumbai suburb of Bandra. Afterwards, they took her to a quiet street and Mr Khanna strangled her.

The act was pre-planned. Mr Khanna had flown in to Mumbai from Kolkata especially for this.

Later that night, the three stuffed Sheena body into a bag, put it in the car’s trunk and drove to the woods in Raigad, roughly 70 kilometres away. There, they doused the bag with petrol, set fire to it and buried the remains, according to Mr Rai’s confession.

Raigad police found the burned body about a month later, but were unable to identify the victim. It wasn’t until Mr Rai’s arrest that the body was connected to Sheena’s disappearance.

Peter Mukerjea’s son from a previous marriage, Rahul, and Ms Bora’s brother Mikhail had filed a missing person’s complaint in 2012. At the time, Ms Mukerjea insisted Sheena had moved to the United States.

Police sources said that Mr Rai’s story was corroborated by Mr Khanna’s confession, after his arrest on August 26. Ms Mukerjea, arrested a day earlier, has also been interrogated, but police have not revealed details from the questioning.

As yet, no explanation has arisen for why Ms Mukerjea and her accomplices would have murdered Sheena, although some media reports have mentioned a financial dispute between mother and daughter.

Adding additional confusion to the case, at the time of her murder Sheena had been engaged to marry Rahul Mukerjea, technically her step-brother.

Ms Mukerjea was born Pori Bora in Guwahati, in Assam state, where Sheena and a brother named Mikhail were also born. Their father is believed to be Siddhartha Das, a businessman with whom she was briefly married.

Leaving her children in the care of her parents, Ms Mukerjea moved to Kolkata in 1990, where she changed her name and married Mr Khanna. They have a daughter named Vidhie.

The family moved to Mumbai in 2001. Soon afterwards, Ms Mukerjea divorced Mr Khanna and, in November 2002, married Mr Mukerjea. She introduced Sheena and Mikhail to her new husband as her siblings.

While Sheena and Vidhie moved in with the Mukerjeas, Mikhail continued to live in Assam. Mumbai police sources have told reporters that Ms Mukerjea made four attempts to have Mikhail killed as well.

After INX Media racked up billions of rupees in losses, the Mukerjeas sold their stake in the company in 2010 and resigned from the board the following year. Since then, they have divided their time between homes in Marbella in Spain, Bristol in the United Kingdom and Mumbai.

The case has dominated India’s news cycle for the past week, similar to the murder trial of former US athlete OJ Simpson in the 1990s.

Abhinandan Sekhri, the co-founder of Newslaundry, a New Delhi-based web site that critiques the Indian media, told The National that the case has "brought out the worst in news coverage."

“It’s about a person who is known to most people in journalism and TV at a social or personal level,” Mr Sekhri said. “This, more than anything else, makes it delicious. The insular, gossipy nature of all we do has set this on fire. Time for colleagues who disliked her to get even, and for others to sit back and enjoy the show.”

But even people who don’t know Ms Mukerjea personally find it difficult to look away.

Archana Gupta, a healthcare consultant based in Hyderabad, admitted that, more than once a day, she searches the Internet for the latest updates to the case.

“I feel a little guilty when I do it, because I know I shouldn’t be this interested in a murder case,” she said. “But the details are just so bizarre here, and every day something more bizarre is revealed. It’s impossible to not be curious.”

ssubramanian@thenational.a

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

MATCH INFO

Uefa Champions League, last 16, first leg

Tottenham Hotspur v Borussia Dortmund, midnight (Thursday), BeIN Sports

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A

Venue: Sharjah Cricket Stadium

Date: Sunday, November 25

MATCH INFO

Burnley 1 (Brady 89')

Manchester City 4 (Jesus 24', 50', Rodri 68', Mahrez 87')

MATCH INFO

FA Cup fifth round

Chelsea v Manchester United, Monday, 11.30pm (UAE), BeIN Sports

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Five%20calorie-packed%20Ramadan%20drinks
%3Cp%3E%3Cstrong%3ERooh%20Afza%3C%2Fstrong%3E%0D%3Cbr%3E100ml%20contains%20414%20calories%0D%3Cbr%3E%3Cstrong%3ETang%20orange%20drink%3C%2Fstrong%3E%0D%3Cbr%3E100ml%20serving%20contains%20300%20calories%0D%3Cbr%3E%3Cstrong%3ECarob%20beverage%20mix%3C%2Fstrong%3E%0D%3Cbr%3E100ml%20serving%20contains%20about%20300%20calories%0D%3Cbr%3E%3Cstrong%3EQamar%20Al%20Din%20apricot%20drink%3C%2Fstrong%3E%0D%3Cbr%3E100ml%20saving%20contains%2061%20calories%0D%3Cbr%3E%3Cstrong%3EVimto%20fruit%20squash%3C%2Fstrong%3E%0D%3Cbr%3E100ml%20serving%20contains%2030%20calories%3C%2Fp%3E%0A
Specs%3A%202024%20McLaren%20Artura%20Spider
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%203.0-litre%20twin-turbo%20V6%20and%20electric%20motor%3Cbr%3E%3Cstrong%3EMax%20power%3A%3C%2Fstrong%3E%20700hp%20at%207%2C500rpm%3Cbr%3E%3Cstrong%3EMax%20torque%3A%3C%2Fstrong%3E%20720Nm%20at%202%2C250rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3E0-100km%2Fh%3A%3C%2Fstrong%3E%203.0sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%20%3C%2Fstrong%3E330kph%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1.14%20million%20(%24311%2C000)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
The%C2%A0specs%20
%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E6-cylinder%2C%204.8-litre%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E5-speed%20automatic%20and%20manual%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E280%20brake%20horsepower%20%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E451Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh153%2C00%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
At a glance - Zayed Sustainability Prize 2020

Launched: 2008

Categories: Health, energy, water, food, global high schools

Prize: Dh2.2 million (Dh360,000 for global high schools category)

Winners’ announcement: Monday, January 13

 

Impact in numbers

335 million people positively impacted by projects

430,000 jobs created

10 million people given access to clean and affordable drinking water

50 million homes powered by renewable energy

6.5 billion litres of water saved

26 million school children given solar lighting

The Laughing Apple

Yusuf/Cat Stevens

(Verve Decca Crossover)

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5