#Mumbai Body of missing HDFC Bank vice president Siddharth Sanghvi found. Police arrest accused Sarfaraz Shaikh, fu… https://t.co/Lr7Su8DLng — ANI (@ANI) 1536552388000

Bank executive missing, car found in Navi Mumbai with blood stains

NEW DELHI: Police on Monday recovered the body of the missing HDFC Bank vice-president, Siddharth Sanghvi , who had gone missing last week, reported news agency ANI.A day ago, the police had arrested accused Sarfaraz Shaikh in connection with the case and further investigation to nab the killers of Sanghvi is underway, police said.Thirty-nine-year-old Sanghvi had gone missing from his Kamala Mills office on September 5. His car was traced at Kopar Khairane area on September 6.Following his arrest, Shaikh had confessed to dumping Sanghvi's body near the Kalyan highway at the behest of the killers.Based on this information, the NM Joshi Marg police in Lower Parel detained four more persons, including a woman—their identities were not revealed. Preliminary reports indicated Sanghavi, who resided in Malabar Hill, may have been murdered over professional jealousy.His promotions and increments had allegedly attracted the envy of some of his colleagues. Sanghavi was a senior executive in the Lower Parel branch handling credit and market risk.Sources in HDFC Bank said Sanghavi joined the bank in 2007 as senior manager. In 2011 he was promoted as assistant vice president and in 2015, he was made deputy vice president. In 2017 January, he was promoted to vice president. In a span of ten years he was promoted thrice and this may have been one of the reasons, sources said, for the jealousy.