DesPardes + PKonweb

Non-Resident Indian Oil Tycoon Commits Suicide in Dubai

DESPARDES — An Indian oil tycoon committed suicide by jumping off a building in Dubai on April 23 due to financial problems.

The mortal remains of non-resident Indian businessman Joy Arakkal, a Keralite based in Dubai, will be flown to India by a charted flight.

He had been in the petroleum business for the last 20 years, and was among the Indian businessmen awarded the 10-year Gold Card visa by the UAE government in 2019. His 45,000 square feet “Arakkal Palace”is considered to be one of the largest homes in Kerala.

Original report appeared in The Business Today.