C J Roy Targeted After Death, Says Confident Group MD T A Joseph

Kochi: Confident Group Chairman C J Roy is being unfairly targeted even after his death, alleged Group Managing Director T A Joseph. Addressing a press conference, Joseph accused certain YouTubers of conducting a malicious campaign against the company and its late chairman, describing such actions as unjustifiable and distasteful.

“Hounding a deceased person cannot be justified. It is disgusting,” Joseph said, questioning the basis of the allegations against Roy. He firmly denied claims that Confident Group had cheated investors, stating that the company had not engaged in any smuggling or benami transactions.

Joseph clarified that the company was not facing any financial crisis. “The company does not have any debts, but on thecontrary, several parties owe money to the company,” he said, adding that misleading narratives were being deliberately created by certain online platforms, causing unnecessary distress.

Reassuring employees and investors, Joseph said C J Roy’s death would not affect jobs or the functioning of the company. “There is no need for investors to worry,” he added.

The exact reason behind C J Roy’s suicide remains unknown. Joseph stated that officials of the Income Tax Department didn't harass Roy during their inspection. He added that he could not disclose further details as the case is currently under the control of a Special Investigation Team (SIT).