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OYO CEO Ritesh Agarwal Faces FIR On Charges Of Cheating

FIR has been filed against popular room booking company OYO’s founder and CEO Ritesh Agarwal in Bengaluru on charges of criminal conspiracy and cheating. The FIR names Ritesh along with 6 other executives of his firm.

The FIR is filed by a Bengaluru based hotelier Betz Fernandez who says that OYO has not paid INR 7 lakh per month fee for booking rooms with his hotel. He said that OYO owes him INR 35 lakhs as a rent as per the agreement.

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OYO has said that they would file a counter case against the hotelier in there statement on the issue.

Read more at Business Standard

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