November 13, 2018 / 1:41 PM / a month ago

Flipkart CEO Bansal resigned after sexual misconduct claim -source

Nov 13 (Reuters) - 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. (Reporting by Nandita Bose in New York and Aishwarya Venugopal and Nivedita Bhattacharjee in Bengaluru; editing by Patrick Graham)

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