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Missing Wolverhampton businessman Ranjit Singh Power 'owed more than £1m'

A hotelier from Wolverhampton who went missing in India owed more than a million pounds to an ex-business partner, it has emerged.

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Ranjit Singh Power disappeared in India in 2015

Ranjit Singh Power, who ran the Ramada Park Hotel in the city, disappeared while on a business trip to Punjab in May 2015.

Although his body has never been found, Indian police say the 54-year-old businessman was kidnapped and murdered.

On Friday, just over two years since he went missing, a former business partner claiming £1.5 million from Mr Power applied for a charging order on land to secure part of the debt against a property he owns in Woodhouse Road North.

Mr Power's family: Mother Gurmit Kaur, sister Kalwinder Kaur and brother Amrik Singh Power

Last month, he successfully applied for interim charging orders – which stop the sale of the house – against five properties, including Woodhouse Road North, in Mr Power's name.

The claimant of the debt is an ex-business partner, known to Mr Power's family.

In a statement to the Queen's Bench Division, the businessman's legal team said Mr Power had breached an agreement linked with a company called Connection Europe Ltd, where Mr Power was a director until 2009.

The company went in to administration in 2012.

The statement said: "To date, the claimant is not aware of any conclusive evidence that the defendant has been murdered.

"At the time of this application the defendant remains missing."

WATCH: Family of missing businessman give emotional interview

Yesterday, brother to father-of-two Mr Power, Amrik Singh Power said: "My brother was a businessman, he dealt in millions, not hundreds. He was a property magnate in Dubai.

"Whatever agreement he had with the claimant was down to them. A lot of people invested money in him.

"He kept his private and business life separate. The man that was around the family was a different man to the one running the businesses."

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