NEW DELHI: An independent probe into alleged "serious personal misconduct" by
Flipkart co-founder
Binny Bansal had concluded that Bansal and the woman had a consensual affair, Bloomberg reported, quoting two persons familiar with the matter. Bansal, 37, stepped down immediately following the probe, which he denies.
The accusation of sexual assault came in late July, according to a person with knowledge of the matter, who requested anonymity because the details aren’t public.
The person said the accuser was a former Flipkart employee, while a second person who knew of the situation said the woman never worked there.
“While the investigation did not find evidence to corroborate the complainant’s assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency, related to how
Binny responded to the situation,”
Walmart
said in a statement.
Walmart had completed its $16 billion purchase of a majority stake in the
Indian company
in August in a deal that lifted Bansal’s net worth to $1 billion.