Questioning Integrity Of Board Painful: BharatPe On Co-Founder's Accusations
NDTV
The statement followed Ashneer Grover reportedly saying he was "arm-twisted" by the company's investors into going on leave and that he had lost confidence in CEO Sameer Suhail.
With Bharatpe co-founder Ashneer Grover launching an offensive against the firm's investors after facing a probe over alleged fraud, abrasive behaviour and corporate governance issues, the company on Friday said questioning the integrity of board members and misrepresentation of facts are painful.
"The (company) board in all its actions has followed due process in the best interest of the company. We would urge that the confidentiality and integrity of the governance review and board meetings are maintained by all," BharatPe said in a statement.
The statement followed Ashneer Grover, sent on a three-month leave following allegations of using abusive language against Kotak Mahindra Bank staff and for fraudulent practices, reportedly saying he was "arm-twisted" by the company's investors into going on leave and that he had lost confidence in CEO Sameer Suhail.
While BharatPe has engaged Alvarez and Marsal and PwC to run a fine-tooth comb through its governance practices, Mr Grover has denied all allegations.
