The founder of Bharatpe who was fought in Asheerer Grover’s exile attacked the CEO of Fintech Suhail Sameer, accused him of side with startup investors to overthrow him, in an interview with MoneyControl, indicating damage that could not be repaired in relationships While Grover and the company have been trying to attack records reconcile in public so far, this is the first time the difference is so open and clear, even because there is a growing supervision on corporate governance and business practices. It also underlines the sources of what has been said in the past week, that the Board does not want to have returned to Grover.
While Grover took leave to march-end amid a counter-attack on the rough language to the employee box, poisonous culture in Bharatpe, and rough behavior, his wife Madhuri Jain Grover, who led control, also left last week. Bharatpe Council and external consultants are conducting forensic investigations on company practices, including accounting, approval, expenditure and recruitment processes In an interview of almost 80 minutes, Grover, was initially calm, and then held a fight, called the investor doll, accused a larger conspiracy behind sending it and instituting the probe.
“In the last round, he (Sameer) sells ESOPS RS 11 Crore (Employee Stock Option Plan). I have created value for him, real value is not a paper value. After doing everything and giving someone a full level of freedom to operate, if you operate in a way And side by side with investors when I need you most, then you don’t enjoy my confidence. Why is the investor’s dolls become my candidate on the board? “Grover said.
The hostility came almost a few weeks after Sameer gave him the voice of public trust, stating that there was a “zero opportunity” that Asheerer would leave the company because he was integral from Bharatpe. He also said that the idea of taking a sewage came from Grover which was originally rejected by everyone including himself and the council. However, only after they realized the problem exploded outside the proportion, whether they received Grover’s advice to take leave.
But Grover faned over this, confirmed that it was never his idea to go on leave until March-end and he was actually manipulated by Sameer and also the General Advisor Sumeet Singh Company “The idea was forced into the presentation of my head from Suhail and Sumeet Singh, in Convance with investors so that they could achieve what they would not do. Everything sided with the investor and said you had to leave,” Grover. said.
MoneyControl has reported earlier that the board sees the problem including invoices that are too excited and some vendors may be fake. A source also suggests the possibility that when a trader records transactions, Bharatpe may have increased the value of this transaction Attacking a board about how to deal with the fall of leaked audio clips, he said now it seems like he has become an obligation for the company. He claimed that the council had never told him about hiring management consultants and the Alvarez and Marsal Risk Advisor companies and recently PWC.
“If it is a well-managed audit (board) is being carried out, why is there so many media leaks? Have you ever heard of any company that conducts governance reviews, where people do governance reviews are declared in public? That Is a secret process. This board comes out and said, Oh, we get a review done by this person. It was clearly a twisted arm, “he said “What are the temporary delivery on the absence? Where is it defined? It is not defined in my Sha (shareholder agreement). It is not defined in the employment contract. Where did this come from? You (board) said, there is a lot of noise around you on Around the material box. There are no box problems now, “he added.
The post Exclusive: Suhail Sameer manipulated me into going on leave, says BharatPe founder Ashneer Grover first appeared on NewsBamboo.
