Mumbai: The investigation into Flipkart Group chief Binny Bansal that led to his resignation on Tuesday 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.

Also read: The behind-the-scenes story of Sachin Bansal’s exit from Flipkart

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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