The Headlines – Byju’s founder accused of trying to regain firm with hidden cash

Byju’s founder, Byju Raveendran, attempted to use hidden loan funds to repurchase a US-based software company. Raveendran is embroiled in legal battles in both India and the US over his bankrupt education technology firm. He allegedly collaborated with businessman William R Hailer to buy out creditors and regain control of the company.

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