Kippreport gets the scoop from Neelesh Bhatnagar, CEO of Emax, and Nadeem Khanzadah, head of omnichannel retail at Jumbo GroupSeptember 2, 2015 5:24
A crisis of hope
A family in Dubai allegedly committed suicide last week because of financial difficulties. Is the economic crisis actually over?
December 20, 2009 1:43 by kippreport
The Dubai Police has confirmed that there was no criminal intent behind the deaths of an Indian family in the city who allegedly committed suicide last week. A 38-year-old woman, her 22-year-old son from a previous marriage and her 20-year-old sister died after they apparently hanged themselves from ceiling fans in their house in Karama. The lady’s husband also tried to hang himself, but survived with injuries.
“The matter has been referred to the public prosecution for further investigation. The husband confessed to us that he is the one who initiated the suicide and his family joined the suicide pact. Forensic examinations confirm that it is a suicide and ruled out criminal intent,” a police official told Gulf News.
According to reports, a note left behind by the family said that financial problems forced them to take their lives.
A government official said on Thursday that the economic crisis in Dubai was over. If an entire family felt compelled to commit suicide because of financial worries, obviously everything is not right. No doubt, financial difficulties existed even when there was no crisis, but the current situation in the market has played on people’s psyche. Perhaps the economic crisis is more a crisis of confidence and a feeling of complete hopelessness than a purely financial disaster.