Flipkart CEO Binny Bansal resigned after sexual misconduct claim – source

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Flipkart CEO Binny Bansal resigned after sexual misconduct claim – source


Flipkart (AP)
Flipkart (AP)

The investigation into Flipkart Group chief Binny Bansal that led to his resignation stemmed from an allegation of sexual assault that dates back a few years, a person familiar with the matter told Reuters.

“In late July … an allegation came to us. It was a claim of sexual assault against Binny,” the source said, adding the individual concerned was a former Flipkart associate who was not with the company at the time of making the allegation.

“The investigation could not corroborate the allegation. It did, however, surface a lack of transparency on Binny’s part.”

Bansal has strongly denied the allegation, according to a separate statement by Flipkart and its main shareholder Walmart .

He could not be reached for comment by repeated emails and phone calls from Reuters.

Reuters

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