Infosys CEO Parekh faces financial fudging allegations

A group of Infosys whistleblowers has alleged that CEO Salil Parekh has been fudging the company’s financials and inflating profits in the recent quarters.

In response to the complaint, the company said that it is investigating the issue. “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,” Infosys said in a statement.

In the letter to the board of the Infosys, the employees of Infosys have alleged that they were told not to reports costs in recent quarters in a bid to inflate profits. “We have high respect for all of you and bring to your notice unethical practices of CEO in the recent quarters…