L&T says audit panel to seek external expert’s help on alleged Cognizant bribery case

New Delhi: Larsen and Toubro Ltd (L&T) has said its audit committee will seek assistance of an external expert to look into the bribery allegations related to American IT firm Cognizant’s campus in India.

Last month, Cognizant Technology Solutions Corp (CTS) had said it would pay USD 25 million to the US Security and Exchange Commission (SEC) to settle its India bribery charges.