The investigation, however, did bring to light lapses in judgment, particularly a lack of transparency, related to how I responded to the situation. The allegations left me stunned and I strongly deny them. “.a claim of serious personal misconduct made against me, which was uncorroborated after a thorough investigation completed by an independent law firm. He is already an investor in startups like SigTuple, Roposo and Ather Energy. Bansal is expected to invest in startups after the payout materialises. Paid Time Off (PTO) Leave of Absence (LOA) Health and well-being. But later investigations did not find any evidence confirming the same.Įven after the $100 million pre-payment, Bansal will continue to hold his remaining stock in Flipkart. Access all your time tools, including information about PTO and LOA.

He abruptly resigned after allegations of “serious personal misconduct” surfaced against him. send my funds out My money card is blocked and it is saying that it is under. For a 5.95 flat fee you can deposit 20 - 500 in cash at 70,000+ retailers nationwide. The Walmart Money Card is a prepaid debit card that you can use to shop. As part of the new deal that could be struck between him and the US retail giant, which acquired Flipkart for $16 billion, he might receive $100 million as an immediate, smaller payment, according to Mint.Īs per the original agreement, Mr Bansal was to receive $850 million in cash for the sale of his 4-4.5 per cent stake in Flipkart, after August 2020. With over 300 locations in over nine states we provide financial solutions for banking, checking, credit cards, and mortgages. Deposit cash to any eligible prepaid or bank debit card. Flipkart's co-founder and former CEO, Binny Bansal, is reportedly renegotiating his payout terms with Walmart, after his sudden exit from the company.

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