Infosys audit committee to conduct independent investigation on whistleblower allegations: Nilekani

Infosys Chairman Nandan Nilekani on Tuesday said the company’s audit committee will conduct an independent investigation on whistleblower allegations of CEO Salil Parekh and CFO Nilanjan Roy indulging in “unethical practices” to boost short-term revenue and profits.

The committee began consultation with independent internal auditors EY, and has retained law firm, Shardul Amarchand Mangaldas & Co. To conduct an independent investigation, Nilekani noted in his statement to the stock exchanges.

Nilekani said one board member had received two anonymous complaints on September 30, 2019 – one dated September 20, 2019, titled “Disturbing unethical practices” and an undated note with the title, “Whistleblower Complaint”.