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New Delhi:BharatPe co-founder and former managing director Ashneer Grover and his wife Madhuri Jain were stopped at Delhis Indira Gandhi International (IGI) Airport from leaving the country Thursday night, ThePrint has learnt...
A source in the Economic Offences Wing (EOW) of the Delhi Police, which is probing a case of misappropriation of funds against the Grovers, said that the couple was stopped at the airport from flying to New York because a lookout circular (LOC) was issued against them...
In the status report filed before the Delhi High Court on 7 November, the investigators probing the allegations of illegitimate fund transfer to bogus HR consultancy firms by the couple submitted said that they have investigated the incorporation date, date of execution of service agreements signed with these firms, account opening and closing date of bank accounts associated with these firms and proprietorship of these firms...
The allegations of siphoning of funds to eight HR consultancy firms were found to be true as their bank accounts were opened merely for the transfer of funds from the Resilient Innovations Private Limited, the parent company of fintech firm BharatPe, it said...
In its status report, the EOW also mentioned that addresses given in all the firms were of direct relatives of Madhuri Jain and approximately Rs 7.60 crore were credited to accounts of these firms...
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