Infosys turns down Murthy's plea to make probe report public

Wednesday 09th August 2017 06:41 EDT
 
 

Indian multinational company Infosys has turned down a demand made by company co-founder NR Narayana Murthy that the report on its investigation into whistleblower complaints be made public. Sources said Murthy wrote a letter to the board asking for a full public disclosure of the report by US law firm Gibson Dunn and global risk consultancy and investigations firm Control Risks.

Both the firms were mandated to look into allegations of improprieties in connection with Infosys' acquisitions of Panaya and Skava Systems in 2015, and were also asked to look into charges that CEO Vishal Sikka requested that improper deals be made with customers, and that he received inappropriate compensation and incurred excessive expenses relating to travel, security, and his Palo Alto office. Gibson Dunn had also reviewed two previous investigations completed by Indian law firm Cyril Amarchand Mangaldas last year, related to the propriety of a severance pay out made to former CFO Rajeev Bansal. It remains unclear what Murthy wants from the full report.


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