Breaking his silence over allegations of pushing out embattled co-founder Ashneer Grover, BharatPe CEO Suhail Sameer said he did what was right for the company and investors, and to protect his reputation.
BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Grover of all titles and positions after a third-party audit alleged grave governance lapses under him.
Grover, who had to go on leave in January following allegations of using abusive language against Kotak Mahindra Bank staff and of fraudulent practices, had accused Sameer of siding with the investors to remove him from office.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)