Big Bull kicks the bucket

By Our Markets Bureau | 31 Dec 2001

1
Mumbai: Big Bull Harshad Mehta, 47, who was embroiled in the multi-crore securities scam that shook the nation a decade ago, died at Thane on 31 December 2001. He developed chest pain at 11 pm on 30 December and was shifted to Thane civil hospital where he was declared dead at 12.40 am.

Mehtas body was taken to JJ Hospital, Mumbai, for postmortem by forensic experts at 5.30 a.m. The police have registered a case of natural death.

Mehta, who was lodged in Thane Central Jail, was arrested by the CBI on 9 November along with his brothers Ashwin and Sudhir in a case of alleged embezzlement of Rs 250 crore from 27 lakh missing shares of 90 blue-chip companies. On 21 December, a special court had rejected their bail plea and remanded them to judicial custody till 4 January.