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Zilingo said the board sacked CEO Ankiti Bose, not any investor

New Delhi, May 2 (PTI) Singapore-based fashion technology startup Zilingo on Monday said the decision to suspend its Indian-origin CEO and co-founder Ankiti Bose was jointly taken by the board over alleged discrepancies in the company’s accounts.

Zilingo said the decision to suspend Bose was taken jointly by the board and not by any investor.

The company said that Bose made certain allegations of harassment after being suspended on March 31, and that he had not previously told the nominees about the harassment by any former or current investor on the board.

“Following some complaints of serious nature, the board has suspended CEO Ankiti Bose till the investigation is completed,” Zillingo said.

The company did not elaborate on the allegations against Bose.

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