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Former Bharatpe chief Ashneer Grover has written to the corporate’s board looking for motion towards CEO Suhail Sameer following his offensive remarks on social media and sought resignation of chairman Rajnish Kumar.
In response to a remark by Ashneer’s sister Aashima on a social media publish by former Bharatpe worker Karan Sarki, Sameer stated “Behen- tere bhai ne saara paisa chura liya (Sister, your brother has stolen all the cash). Little or no left to pay salaries”.
Sarki within the publish had raised the difficulty of sacking of previous employees and non-payment of salaries.
Grover within the letter dated April 8, a duplicate of which is reviewed by PTI, stated Sameer’s language in response to the aforesaid social media publish is just not solely defamatory however “additionally blatantly a public lie and admission of the corporate being bankrupt by a minimum of its personal CEO and member of the board”.
“Going by precedents and self-proclaimed excessive requirements of this board, the CEO ought to be instantly served a present trigger discover for his despicable public behaviour and instantly placed on depart of absence to handle the harm on the model of the corporate.
“Suhail has to conclusively show to the board that he was not drunk and medicines when he put the stated reply on LinkedIn,” Grover stated.
On Thursday, he tweeted that BharatPe “closed its first quarter of ‘degrowth’ and ‘most money burn’ below in a position (sic) management of Rajnish Kumar and Suhail Sameer.” Nonetheless, a BharatPe spokesperson stated the corporate registered the strongest quarter in its historical past.
“Now we have registered 4x development in our total income over the identical interval final 12 months. On a sequential-quarter foundation, the expansion has been 30 per cent, regardless of the third wave of Covid-19. Evaluating month-on-month, all our metrics have grown on the quickest tempo,” the spokesperson stated.
BharatPe’s service provider whole funds worth (TPV) grew 17 p.c, client TPV 39 per cent, loans facilitated 31 per cent, and income 21 per cent in March 2022 over Feb 2022, the spokesperson stated.
“Going ahead, we’re monitoring nicely to interrupt even on our service provider enterprise and additional strengthen our client enterprise. We request the media to take official feedback from the corporate and never from former staff who not have enterprise info,” the spokesperson stated.
Grover within the letter stated that Sameer’s all dealings ought to be audited by an impartial auditor and he ought to solely be reinstated as CEO as soon as the audit report is tabled with the board and it exonerates him of any wrongdoing.
“Something lesser by way of motion right here would undeniably show what’s a reality – that what was finished to me was a nicely deliberate discriminatory conspiracy by the board at behest of traders, not a governance overview,” Grover stated.
BharatPe had eliminated Grover from all positions in March on the firm and alleged to have additionally discovered involvement of Grover’s household and kin in intensive misappropriation of the corporate’s funds.
Grover has demanded a written apology from Sameer and in absence of the identical, he and his sister could search damages and pursue felony defamation towards the BharatPe CEO and the corporate.
Sameer had apologised for his remarks after it earned criticism from a number of folks in social media.
“Furthermore, Chairman Rajnish Kumar ought to instantly resign. The present incident clearly brings out the truth that Rajnish Kumar condoning the life menace to me by Bhavik Koladiya from his personal home and all of the deliberate media leaks resulting in my resignation in self respect, have additional emboldened the present administration to behave as hooligans,” Grover stated.
He stated the administration feels that they have a ‘carte blanche’ from the board and its chairman to focus on him and his household with out concern of any repercussions.
“It additionally proves that within the Governance Overview which was speculated to be all encompassing, the chairman refused to look into the allegations made towards Suhail altogether, additional main him to imagine he’s above all the things,” Grover stated.
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