New Delhi, March 3: Byju Raveendran, founder of the edtech company, has reportedly accused EY (Ernst & Young) of colluding with Byju슬롯사이트™s lender Glas Trust and former resolution professional Pankaj Srivastava. These allegations come amid revelations from a whistleblower. Byju슬롯사이트™s financial troubles started after defaulting on a USD 1.2 billion term loan B. Lenders, led by Glas Trust, won an NCLT ruling in June 2024 to control Byju슬롯사이트™s financial decisions.

As per reports, NCLT had already instructed that disciplinary proceedings to be taken against Srivastava. If Raveendran's allegations against EY gain credibility, regulatory bodies, including India's insolvency regulator, may begin further investigations into the situation.슬롯 머신 사이트 추천US Bankruptcy Court Rules Against Byju슬롯사이트™s Parent Think & Learn, Riju Ravindran and Hedge Fund Camshaft Capital Finding Guilty of Fraudulent Transfer of USD 533 Million, 슬롯사이트˜Breach of Fiduciary Duty슬롯사이트�.

Byju Raveendran Says 슬롯사이트˜Received a Document With Conclusive Evidence of Criminal Collusion Between EY India슬롯사이트�

As per of Livemint, a whistleblower from EY India stated that the audit firm collaborated with Glas Trust and was appointed by Srivastava. Whistleblower from EY has reportedly claimed that the firm sided with Glas Trust and acted against the interests of Byju슬롯사이트™s. As of now, EY has not responded to these allegations.슬롯 머신 사이트 추천Byju Raveendran said," me and several employees received a document with conclusive evidence of criminal collusion between EY India, which I otherwise held in high regard, GLAS Trust."

Reports also suggest that Divya Gokulnath, the wife of Byju Raveendran and co-founder of the edtech platform Byju슬롯사이트™s, has claimed that her husband's LinkedIn account슬롯 머신 사이트 추천was been removed.슬롯 머신 사이트 추천Gokulnath reportedly mentioned that a post made by Byju슬롯사이트™s, which called for an investigation into the alleged collusion and fraud involving their lender Glas Trust, the consultancy firm EY, and former resolution professional Pankaj Srivastava, has also been taken down. However, both Byju Raveendran's LinkedIn account and the post have since been restored.슬롯 머신 사이트 추천Tech Hiring in India: STEM Jobs in Tier 2 and 3 Cities To Rise 15슬롯사이트�20% by 2027, Overall Sector Growth Expected at 40슬롯사이트�45%.

As per a 슬롯 머신 사이트 추천of Financial Express, the global consultancy firm EY has been accused of engaging in improper advisory practices during the insolvency proceedings of Byju슬롯사이트™s. Glas Trust, the firm representing Byju슬롯사이트™s lenders, is reportedly involved in the situation, although Raveendran claims that it does not represent all creditors. Additionally, Pankaj Srivastava, the former resolution professional appointed by the NCLT, is alleged to have acted against the interests of Byju슬롯사이트™s.

(The above story first appeared on LatestLY on Mar 03, 2025 12:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).