On April 6, an IT affiliate at BharatPe wrote on LinkedIn that he and different staffers had not obtained their salaries for March. To this, Grover replied asking BharatPe to look into the matter. His sister Aashima Grover additionally joined in, describing BharatPe’s high administration as a “shameless bunch”, the following day. The dialog took a flip when Sameer responded,
“Tere bhai ne saara paisa chura liya (your brother stole all the money). Little or no left to pay salaries.” Sameer, afterward, apologised for his message.
In his letter shot off at Friday midnight, Grover alleged that Sameer was underneath the affect of ‘alcohol’ and ‘medicine’ when he put the mentioned reply and that he must be placed on ‘depart of absence’ instantly.
“As a board underneath the chairmanship of Rajnish Kumar has claimed to be the epitome of company governance, I’d need to ask what motion is the board going to take in opposition to Suhail Sameer? Going by precedents and self-proclaimed excessive requirements of this board, the CEO must be instantly served a present trigger discover for his despicable public behaviour and instantly placed on depart of absence to handle the injury on the model of the corporate,” learn Grover’s mail to the corporate’s board, reviewed by ET.
He added that Sameer put his reply ‘within the wee hours of April 7, after an evening of drunken debauchery’ at BharatPe’s offsite in Goa.
Additionally Learn |
BharatPe appoints interim CFO; board, management aiming for IPO in 18-24 months: Rajnish Kumar
Uncover the tales of your curiosity
As well as, Grover additionally demanded the resignation of BharatPe board chairman and veteran banker Rajnish Kumar, stating that underneath his management, the present administration feels that they’ve ‘carte blanche from the board and its chairman to focus on him (Grover) and his household.
“Furthermore the chairman Rajnish Kumar ought to instantly resign. The present incident clearly brings out the truth that Rajnish Kumar condoning the life risk to me by Bhavik Koladiya from his personal home and all of the deliberate media leaks resulting in my resignation in self-respect, has additional emboldened the present administration to behave as hooligans…” mentioned Grover. ET reported earlier that Grover together with BharatPe’s Buyers Sequoia Capital, BeeNext, cofounder Shashvat Nakrani,
had bought out Koladiya’s stake in the company.
Additionally Learn |
Systems in place to prevent slips: BharatPe’s CEO Suhail Sameer
Grover in his letter on Friday mentioned, “It additionally proves that within the governance evaluation which was imagined to be all-encompassing, the chairman refused to look into the allegations made in opposition to Suhail altogether.”
A BharatPe spokesperson couldn’t be instantly reached out for a remark.
Grover had additionally beforehand
attacked Kumar in one of his letters to the board in February, saying your complete governance evaluation was a “facade” and that it was “riddled with premeditation, bias and prejudice”.