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Zilingo sacks Indian-origin CEO Ankiti Bose after forensic audit

On March 31, Ankiti Bose was placed under suspension following complaints of alleged discrepancies in Zilingo's accounts.

Ankiti Bose
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Zilingo co-founder Ankiti Bose | Photo: Bloomberg

Press Trust of India New Delhi
Singapore-based fashion technology startup Zilingo on Friday said it has sacked Indian-origin co-founder and CEO Ankiti Bose following an independent forensic audit into complaints of serious financial irregularities.
 
On March 31, Bose was placed under suspension following complaints of alleged discrepancies in the company accounts.
 
"Following an investigation led by an independent forensics firm that was commissioned to look into complaints of serious financial irregularities, the company has decided to terminate Ankiti Bose's employment with cause, and reserves the right to pursue appropriate legal action," Zilingo said in a statement.
 
The firm, however, did not elaborate on the allegations against

(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.)

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