Head of Alstom's India unit returned safely following kidnapping

The head of power and transport equipment major Alstom's Indian unit was rescued by police this weekend hours after being kidnapped, reports the Wall Street Journal

According to the article, Rathin Basu, country president and managing director of Alstom T&D India Ltd., was kidnapped late Friday from the company’s office in Noida.  Police were successful in tracking kidnappers to the nearby Meerut district where they rescued Basu very early Saturday morning.

"It was a horrifying experience," Mr. Basu told The Wall Street Journal. "We hear about such things, but I never thought it could happen to me."

Basu went on to explain that he was able to alert his family to the danger he was in by using his native Hindi language when permitted to talk to them by phone and under gun point.

“I spoke with them in Hindi and dropped certain hints. That was suffice for them to contact the police," he said in his statements to the Wall Street Journal.

The motivation behind the abduction is said to have been the debt of accused ring leader, 28 year old mechanical engineer Akhand Pratap, after being unable to repay a loan he had taken for a failed commercial property venture.

Police said the kidnappers did not have a specific target in mind and were simply looking for “a rich individual with an expensive car and working with a big company" that they could ransom at a high price.

Four of six suspects have been retained and charged with the kidnapping.  Police have expanded their search for the remaining two suspects and said an in depth investigation is being conducted to find out if any of the accused had any connection with Basu's company.

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