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Riju Ravindran, a former director of the Indian educational tech firm Byju’s, has been fined $10,000 a day by a Delaware judge earlier this week. The fine is imposed until Ravindran assists in locating $533 million that is currently missing.
The former CFO of 777 Partners sued the private equity firm in Delaware's Court of Chancery, seeking advancement of his legal fees in connection with a fraud investigation and at least 20 civil lawsuits related to the company's business. https://t.co/GunyjHe1do
Earlier this week, a judge in Delaware, where the main legal action against Byju's is taking place, ordered Ravindran to pay $10,000 a day until he helps locate the $533 million https://t.co/8ZarBsPHAz
American lenders are seeking to freeze the assets of a suspended director of the troubled Indian educational tech firm Byju’s, arguing his cash should not be used to pay debt owed to India’s governing board for cricket. https://t.co/WyoT6AehcW
