: BharatPe removes Ashneer Grover from all company positions day after he resigned #IndiaNEWS BharatPe on Wednesday removed co-founder Ashneer Grover from all company positions for making false allegations

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BharatPe removes Ashneer Grover from all company positions day after he resigned #IndiaNEWS
BharatPe on Wednesday removed co-founder Ashneer Grover from all company positions for making false allegations and “misappropriationâ€? of funds, according to a statement. “Mr Grover is no longer an employee, founder or a director of the company,â€? the statement said. It added that the company reserves the right to take legal action against Grover and his family.Grover had resigned from the company on Tuesday, after he received an upcoming board meeting agenda, which included consideration of action against him based on a report submitted by an advisory firm.On February 23, Grover’s wife Madhuri Jain was sacked by the company for alleged financial irregularities including producing fake invoices.On January 19, Grover announced he was going on a “voluntary leave of absenceâ€? till the end of March. In his resignation letter, Grover had alleged he was “vilifiedâ€? and treated in “the most disrespectful mannerâ€? since January.BharatPe on Wednesday alleged that the Grover’s family and his relatives engaged in “extensive misappropriation of company fundsâ€?.According to BharatPe, the alleged misappropriation involved creating fake vendors, through which money from the company was siphoned away. “[They]…grossly abused company expense accounts in order to enrich themselves and fund their lavish lifestyles,â€? read the statement.Official Statement for the day- March 02, 2022 pic.twitter.com/EPO0DHLv5C— BharatPe (@bharatpeindia) March 2, 2022 The company said it would not allow...Read more

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