Couple Accused of Attempted ₹30 Crore Extortion from IT Firm Owner

Speedy Summary:

• The Ernakulam Central police have registered a case against Swetha Babu and her husband Krishnaraj from Thrissur on charges of attempting to extort ₹30 crore from an IT company owner, Venu Gopalakrishnan.
• swetha, a former employee of the company, allegedly threatened to spread rumors of an illicit affair with Gopalakrishnan and implicate him in a rape case.
• The couple reportedly demanded payment of ₹30 crore, including ₹10 crore transferred to the accused’s account and two cheques worth ₹10 crore each. They also coerced the petitioner into transferring ₹50,000 into swetha’s bank account on July 28.
• The threat was made during a meeting at a premier hotel in Kochi on July 23 involving three employees of the company, including its director.
• Police have booked the accused under Sections 308(2) (extortion) and 3(5) (common intention) of Bharatiya Nyaya Sanhita.

Indian Opinion Analysis:

This case highlights serious concerns about workplace ethics and post-employment conflicts. allegations involving extortion against former employees point to vulnerabilities in corporate settings where professional relationships can potentially become predatory. While this specific crime seems isolated within one IT company in Kochi’s Infopark area, it underscores broader challenges surrounding trust-building between employers and employees.

For India’s burgeoning IT sector, such incidents could compel businesses to consider stricter security protocols or legal safeguards for protecting executives from undue threats or reputational harm.Additionally, criminal proceedings like these put focus on robust implementation of legal provisions under bharatiya Nyaya Sanhita-ensuring swift justice while deterring misuse in professional disputes.

The outcome will likely reinforce discussions around enforcing accountability without compromising legitimate employer-employee grievances within India’s corporate ecosystem.

Read more: Link not provided