Flipkart’s Binny Bansal denies allegations of personal misconduct
1 min read 13 Nov 2018, 08:25 PM ISTMy plan was to continue in my current role for a few more quarters to continue transition after closing deal with Walmart: Binny Bansal in letter to employees
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New Delhi: Binny Bansal on Tuesday said he “strongly denied" all allegation of serious personal misconduct made against him.
In a letter to employees, Bansal said: “My plan was to continue in my current role for a few more quarters to continue transition after closing deal with Walmart."
Flipkart co-founder and group CEO Binny Bansal on Tuesday abruptly resigned from the company following investigation into an allegation of “serious personal misconduct."
In the letter, Bansal said: “My decision to step down has been accelerated by certain personal events that have taken place in the recent past"
Stating that personal events accelerating decision to step down relate to a “claim of serious personal misconduct made against me", Bansal said the investigation, did bring to light lapses in judgment, “particularly a lack of transparency, related to how I responded to the situation."
This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.
