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Vembu's wife alleges he abandoned her, son; Zoho founder denies charges
The New Indian Express
|March 15, 2023
Zoho Corp founder Sridhar Vembu denies allegations that he abandoned his wife and son with autism and special needs and dismisses the transfer of personal assets to his family members.
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"I (Sridhar Vembu) will say this unequivocally: I never ever transferred my shares in the company to anyone else. I lived in the US for the first 24 years of our 27 year history and much of what constitutes the company was built in India. That is reflected in the ownership," he said in a long twitter thread in response to his wife's allegations.
Vembu further said that, "It is complete fiction to say I financially abandoned Pramila and my son. They enjoy a far richer life than I do and I have supported them fully. My United States' salary for the last three years has been with her, and I gave our house to her. Her foundation also is supported by Zoho."He and his wife Pramila Srinivasan are going through a divorce proceeding in California court.
This story is from the March 15, 2023 edition of The New Indian Express.
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