The crisis at Zilingo began to make the news last year after the company’s high-profile chief executive officer, Ms Ankiti Bose, 31, was suspended over complaints about alleged financial irregularities.
Ms Bose, who denied wrongdoing, was fired in May 2022, and by around the same time, over 100 employees had resigned.
Bloomberg said in its Jan 20 report that Varde Partners and Indies Capital Partners, who are Zilingo’s creditors, are reported to have found buyers for some of the company assets, adding that these assets have already been transferred to the new owner for an undisclosed purchase price.Screenshot from Facebook comments /CNAScreenshot from Facebook comments /CNA
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