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Businessman who planned to set up Ethanol plant missing in Yemen

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Update: he has been traced and is safe as per his son. 

The Gulf News, has made this story which states that Suresh Kumar Krishna Pillai, 59, originally from Kerala, was on a business trip to the war-torn country, but disappeared within days of landing in Aden, Yemen on July 2. 

Pillai’s friend and business partner Shivadasan Valappil, Pillai had gone to Yemen to secure a loan which he hoped would fund a massive Ethanol (alcohol fuel) manufacturing plant that the businessman was trying to set up in Belgaum in the southwest Indian state of Karnataka.

It’s a multimillion-dollar project sprawling over 140 acres. The plant was nearing completion but as luck would have it, Pillai ran out of funds and the plant was declared a non-performing asset by Indian banks. Left with no choice, he was forced to look elsewhere for funding,” said Vallapil.

Pillai was then called to Yemen to complete certain formalities and release the funds.

Please save my father! He’s stuck in Sana’a, Yemen,” said Jithin (son) in a tweet to Modi and India’s Ministry of External Affairs. “He’s an industrialist and a businessman in Dubai. We are from Thiruvananthapuram. Please help us to bring him back. We need immediate action,” the tweet added.

image: Gulf News

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