Byju’s founder Raveendran says missing funds went to legitimate purpose
Bloomberg
Oct 10, 2024 7:39 AM IST
Byju Raveendran, founder of Byju's, denied allegations of orchestrating a $533 million fraudulent transfer.
Byju's founder Raveendran faced court allegations of fraudulently moving $533 million. He stated the funds were for international expansion and legitimate purposes, while lenders claimed the money was concealed through deceptive practices.
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