Whistleblower group accuses Infosys CEO of ‘unethical practices’ to boost numbers

For Infosys, India’s second-largest IT services company, the woe caused by whistleblowers just doesn’t seem to end. In its latest missive, Ethical Employees, a whistleblower group, has allegedly complained to the US Securities and Exchange Commission and the Infosys Board that CEO Salil Parekh was indulging in “unethical practices” to boost short-term revenues and profits.

Infosys, in a statement, said: “The whistleblower complaint has been placed before the Audit Committee as per the Company’s practice and will be dealt with in accordance with the Company’s whistleblowers policy.”

In 2017 and 2018, a previous whistleblower had raised questions over corporate governance issues about Infosys. Indian regulator SEBI had even set up a probe committee to find out whether the allegations were true or not.