Claim against Flipkart’s Binny Bansal was of sexual assault

According to sources, the individual concerned was a former Flipkart associate who was not with the company at the time of making the allegation

Reuters
Updated13 Nov 2018, 07:46 PM IST
Binny Bansal resigned from Flipkart on Tuesday. Photo: Hemant Mishra/Mint
Binny Bansal resigned from Flipkart on Tuesday. Photo: Hemant Mishra/Mint

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.

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.

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First Published:13 Nov 2018, 07:46 PM IST
Business NewsCompaniesPeopleClaim against Flipkart’s Binny Bansal was of sexual assault

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