If it was anything all that bad, Ilya and Greg would’ve known about it, because one of them was chairman of the board and the other was a board member. And both of them want Sam rehired. You can’t even spin it that they are complicit in wrongdoing, because the board tried to keep Greg at the company and Ilya is still on the board now and previously supported them.
Whatever the reason is, it is very clearly a personal/political problem with Sam, not the critical issue they tried to imply it was.