A whistleblower from Ernst and Young India claims to expose a major corporate corruption case involving Byju’s insolvency.
As per the whistleblower, Dinkar Venkatasubramanian of EY India allegedly managed the insolvency process for Byju’s on behalf of GLAS Trust, undermining the IBC, 2016.
The whistleblower possesses 30GB of evidence, including emails from the interim resolution professional’s official ID, indicating collusion between GLAS and EY.
Byju’s parent company, Think & Learn, was admitted to insolvency on July 16, 2024, despite GLAS’s prior involvement as an advisor for over two years.
Collusion in Formation of CoC
The text reveals alleged misconduct in Byju’s insolvency process involving GLAS, EY, and the appointed…