New Delhi: BharatPe terminated Madhuri Jain Grover, wife of Ashneer Grover, for alleged financial irregularities during her tenure.
Reports said that Madhuri Jain’s contract was terminated as the probe has found misappropriation of funds during her time at the fintech platform.
The development comes after Jain was named in the preliminary investigation by global professional services firm Alvarez & Marsal (A&M), which linked her to financial irregularities in the fintech startup.
BharatPe did not immediately respond to the development while Madhuri Jain was yet to respond to the development too.
Madhuri Jain’s contract has been terminated and the reasons for this are misappropriation of funds and authorisation of inflated bills during her tenure, reports said.
After BharatPe Co-founder and Managing Director Ashneer Grover, facing controversy for allegedly using inappropriate language against Kotak Mahindra Bank’s staff, took voluntary leave till March-end, his wife Madhuri Jain also went on leave in January.
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