Zubeen Garg Death Case: Assam Police SIT Links INR 1.10 Crore Water Plant Investment to Singer’s Murder Motive; Court Issues Notice to Former Manager Siddharth Sharma

The investigation into the death of legendary Assamese singer Zubeen Garg has taken a significant turn as police revealed a complex web of financial misappropriation. On Saturday, the Special Investigation Team (SIT) informed the Kamrup (Metro) sessions court that the prime accused, Siddharth Sharma, allegedly murdered his former employer to protect and legalise over INR 1 crore in siphoned funds. Zubeen Garg Death Case: Trust To Be Formed To Preserve Assamese Singer’s Artistic Legacy, Says Garima Garg.

Court Seeks Response on Siddharth Sharma Property Attachment

SIT Chief Investigating Officer Dr. Rosie Kalita submitted a petition seeking the “attachment and forfeiture of property” belonging to Sharma. The property in question is the Mahabir Aqua Water Plant, located in the Chatabari Industrial Area of Chaygaon, which investigators claim was purchased using the proceeds of crime. Following the SIT's submission, Sessions Judge Gautam Baruah issued notices to Siddharth Sharma and his business partner, Chetan Dhirasaria. The court has directed them to show cause as to why the water plant should not be attached under Section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS).

SIT Seeks Urgent Asset Attachment Order

The SIT warned that if the order is not granted, the accused may attempt to sell off the business. In the petition, Dr. Kalita stated that if the attachment is denied, the "prime accused and his business partner will definitely liquidate the assets of MAHAVIR AQUA and in that event of declaration of compensation to the victim Late Zubeen Garg by this court will not hold good." The court has set January 17 as the deadline for the accused to submit their reply.

SIT Alleges Money Laundering Motive

According to the investigation, Sharma’s motive for the "premeditated murder" was rooted in a long-term scheme to misappropriate Garg's earnings. The SIT alleged that Sharma routinely accepted performance fees in cash and intentionally avoided depositing them into official bank accounts to enable "benami transactions." Judge Baruah noted the IO’s submission that Sharma used several individuals, including employees and relatives, to deposit siphoned cash into his own accounts to "legitimise" the money. The court order highlighted that "benami transactions and money laundering laundered by accused Siddharth Sharma is the crux of the issue." Assamese Singer Zubeen Garg, Famous for ‘Ya Ali’ Song From 'Gangster', Dies in Scuba Diving Accident in Singapore; Ashok Singhal, Ripun Bora Pay Tribute.

Forensic Audit Flags Siddharth Sharma’s Sudden Wealth

A key piece of evidence presented by the SIT was the drastic change in Sharma's financial status. Records show that Sharma was a salaried employee earning INR 57,000 per month from TM Ventures Pvt. Ltd until November 2022. Investigators argued that his sudden ability to invest INR 1.10 crore in an industrial water plant shortly thereafter was a major red flag. To support these claims, the SIT submitted a detailed financial analysis and forensic audit conducted by an empanelled chartered accountant firm. The audit reportedly confirms that the funds used for the Mahabir Aqua investment were misappropriated from the late singer. As the trial proceeds, the court will continue to examine the link between these financial crimes and the events leading to the singer's death in Singapore last September.

(The above story first appeared on LatestLY on Jan 05, 2026 12:31 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).