Saseendran had written to the Chief Minister, the Industries Minister and the Vigilance Director about rampant corruption in the loss-making company, where he had worked for 12 years. He alleged that the managing director's secretary, P Suryanarayanan, was leaking vital company information outside.
Five days later, however, he wrote to them again, regretting he had raised such allegations.
The following month, he quit.
Family sources say Saseendran had been forced to withdraw his initial allegations.
In 2007, an audit report had found that the firm had lost Rs 400 crore in corrupt deals since 2001. Vigilance authorities registered 11 cases, with Saseendran as the prime witness in four of these. In fact, his death came a week after Vigilance submitted the charge-sheet in a case involving the loss of Rs 16 crore.
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