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Byju’s founder accused of witness tampering in US court
Byju Raveendran, founder of Indian edtech firm Byju’s, is accused of trying to sway Nebraska businessman William R. Hailer’s decision to testify in federal court.
It was revealed that Raveendran offered Hailer $500,000 and a Dubai plane ticket shortly before Hailer’s testimony on Byju’s trusteeship.
Court evidence included a US$10,700 plane ticket, with Hailer revealing these offers in front of US Bankruptcy Judge John T. Dorsey.
The judge indicated that the testimony might require federal prosecutors to consider an investigation.
Recent Byju’s developments
| Timeline |
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21-Nov-2024 🔍 Byju’s founder accused of using hidden funds to regain firm
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18-Oct-2024 📉 Byju’s CEO vows to return to India from Dubai
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18-Oct-2024 📉 Byju’s $22b valuation ‘worth zero’ amid governance crisis
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05-Jun-2024 📉 Byju’s US affiliates slapped with involuntary bankruptcy cases from creditors
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15-Apr-2024 🚀 Byju’s India CEO steps down, co-founder Raveendran takes charge
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