Boat captain and Indian rally champion missing in billionaire's launch accident

Mar 23, 2026, 11:27 AM
Boat captain and Indian rally champion missing in billionaire's launch accident

Indian media have reported that national rally champion Hari Singh and boat captain Mahesh Ramachandran are the two people missing after billionaire Gautam Singhania's speedboat overturned in the Maldives on March 20.

According to NDTV, Mahesh is the captain of Singhania's super yacht. The former Navy officer is a graduate of India's National Defence Academy.

He has also won several National Championships in India and secured medals in events such as the Asian Games and World Military Games. He once ranked in the top 15 in the world in Match Racing and has been named Yachtsman of the Year multiple times.

Hari Singh is a five-time Indian National Rally champion. He also won the Asia Zone Rally Championship.

The Maldives National Defence Force (MNDF) is still searching for Hari and Mahesh. But Maldivian authorities did not disclose their identities.

At the time of the accident, there were seven people onboard the vessel, including Singhania. There were two women from the UK and Russia, and four Indian men.

A spokesperson for the billionaire said he sustained minor injuries in an accident and is currently receiving treatment in Mumbai.

Police said two Indian men and a British woman were among those who left after the accident. One of the Indians who left had a severed arm, police said.

Two others are being treated at Tree Top Hospital. The hospital has not commented on their condition.

The public, including both Maldivians and Indians, has raised many questions as Singhania was allowed to leave the Maldives less than 24 hours after the incident and while the investigation is ongoing.

Police confirmed that some of the people left for medical treatment, but it was unclear if Singhania, who was reportedly driving the speedboat at the time of the accident, left after police gave permission.

Sources told Adhadhu that Maldivian police learned about Singhania's departure hours after he left the country. Adhadhu contacted the police for a comment, but there has been no response.

The vessel involved in the accident was a Cigarette racing boat designed to be driven at high speeds. The fastest models have boats that can reach speeds of up to 100 nautical miles (189 km/h).

According to some media reports, Singhania, with a net worth of about USD 1.4 billion, loves luxurious, high-speed cars. He also reportedly has an interest in driving racing boats.

Comments

Read More

Latest News

Priority should be sale of assets to generate immediate liquidity

Former President Mohamed Nasheed urged the Maldives to prioritize selling assets for immediate liquidity rather than long-term projects like the $20 billion Rasmalé development. He argued the UAE-backed waterfront deal will not provide the urgent cash flow needed to resolve the nation's current financial crisis.

Police seek charges against six men for assaulting officers

Maldives Police are seeking charges against six men for assaulting officers during a drug search in Maafushi. Five suspects remain in custody, while one was released by the court. Authorities have also appealed the release of a seventh individual involved in the August incident.

No tax concessions for UAE developer in Rasmale' project

The Maldives government awarded the $20 billion Rasmalé project to UAE developer Eagle Hills without tax concessions or exemptions. All business activities will follow national tax laws, with payments processed through local banks. The state expects over $11 billion in revenue from sales fees and commercial revenue sharing.

No details on size and value of land given to Dubai company

The Maldives government signed a $20 billion deal with Dubai’s Eagle Hills to develop a massive integrated zone in Rasmalé. While the project promises 54,000 jobs and housing, officials have withheld specific details regarding the land size, valuation, and lease terms. The area is expected to operate as a special economic township.

Rasmale' investor to build 5,000 housing units in Hulhumale'

The Maldivian government has partnered with UAE-based Eagle Hills to build 5,000 housing units in Hulhumalé using a contractor financing model. This agreement follows a massive $20 billion deal for the firm to develop Rasmalé. The project will feature luxury residences and a world-class marina without impacting existing housing plans.

AMFA concludes first Junior Lifeguard Program

The Australia Maldives Friendship Association successfully completed its first Junior Lifeguard Program pilot in Thulusdhoo and Fuvahmulah. The initiative trained youth in water safety and rescue skills to enhance maritime security. AMFA plans to expand the program across the Maldives by 2027 through partnerships with local councils.

Project to build international bowling arena in Hulhumale'

A private company has been awarded a MVR 20 million project to build the Maldives' first international-standard bowling arena in Hulhumale'. The two-story facility aims to host global competitions, though the direct award process lacks an official statement. This project is part of a broader plan to develop world-class sports infrastructure.

Newsletter

Get the latest news delivered straight to your inbox