New Delhi: BharatPe’s CEO, Suhail Sameer, rendered his apologises after accusing the former business founder, Ashneer Grover, of stealing all the money from the company. Suhail claimed that they didn’t have enough money to pay salaries because Ashneer has taken it all. Notably, Ashneer had left the fintech firm just a few weeks ago. After that, he began to face allegations such as the misappropriation of corporate funds. Since then, things haven’t gone so well between Ashneer and the company’s top management. The recent incident grabbed everyone’s attention when a BharatPe employee made a lengthy message on the social media platform LinkedIn.
In the note, the employee claimed that the company has not paid their salaries for March. He tagged both Suhail Sameer and Ashneer. To this, Ashneer replied, “Folks please look into this. Not done – their salaries have to be paid before anything,” tagging Suhail and the company’s Head of Financial Control Hersimran Kaur.
While the company was being chastised, Ashneer’s sister, Aashima Grover, jumped on board. She referred to the company’s top executives as “a shameless bunch.” Suhail saw this and responded to her reply by saying they couldn’t pay the salary since Ashneer had taken all of the money. “Behen – tere bhai ne sara paisa chura liya (sister, your brother stole all the money). There isn’t much money left to pay salaries.
However, later, he apologised for his remarks which were highly condemned by people. In the same LinkedIn thread, he wrote, “Friends – I apologise to have irked many of you. In hindsight, it was out of line. We are already working on past employees full and final being paid out. My comment was a reaction to a particular statement, not the post. But I accept the mistake.
Just after Ashneer resigned from BharatPe, the company board said that he is no longer an employee, a founder, or a director of the fintech firm. As a result of his misdeeds, Mr Grover is no longer an employee, a founder, or a director of the company, the board said in a statement. He had resigned as the managing director and a director on the company’s board amid two-month long controversy. The decision to terminate Ashneer came after a board meeting of BharatPe, scheduled on March 1. A report by the independent audit committee was discussed at the meeting.