Home / Micromax / Micromax co-founder Agarwal steps down after bribery scandal
Micromax co-founder Agarwal steps down after bribery scandal

Micromax co-founder Agarwal steps down after bribery scandal

Following the arrest of Micromax co-founder Rajesh Agarwal and his associate Manish Tuli, the company has released an official statement saying that Agarwal would be stepping down from his position.Agarwal has excused himself from the responsibilities of his position.

“He will focus on the legal proceedings to clear his name of the alleged charges,” Micromax said in the statement. The statement also clarified that Tulip has no longer any association with the company.

Agarwal and Tuli were arrested last week for allegedly paying civic engineers of North Delhi Municipal Corporation a bribe of Rs 30 lakh to get clearance for the construction of a banquet hall.

About admin

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Scroll To Top