Snapdeal, which is reportedly close to being acquired and merged into rival Flipkart, has filed an FIR against Quickdel Logistics Pvt Ltd., which runs the e-commerce logistics company GoJavas, reports The Economic Times. The FIR, filed by Snapdeal parent Jasper Infotech, names Quickdel Logistics promoters Praveen Sinha, Randhir Singh and Ashish Chaudhary, along with former executive director of the company Abhijeet Singh. The complaints against them include cheating, forgery, conspiracy, criminal breach of trust and criminal misappropriation of funds. It's worth noting that all four of them are no longer with the company. The FIR was filed with the Economic Offences Wing of Delhi Police. Apparently, an internal investigation conducted by Snapdeal, of Quickdel's accounts between January 1, 2015 and March 31, 2015, revealed that inflated and excess payments had been made to non-existent persons. Based on this Snapdeal first registered a complaint with Delhi Police, which was investigated and now an FIR has been filed. The alleged misappropriation of funds is to the tune of Rs 357.26 crore: Snapdeal alleges that they were "induced into buying shares of Quickdel", following which they paid Rs 119.99 crore to Randhir Singh and Rs 237.27 crore to Praveen Sinha to acquire a 49.99% stake in the company. It's worth noting that last year, an audit conducted by Rocket Internet revealed certain corporate governance violations and financial impropriety of former executives at fashion e-tailer Jabong, including Praveen Sinha, who was the former managing director of Jabong. One of the primary focuses of the audit was…
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