Not received any Sebi request for further audit in whistleblower case: Infosys

Infosys on Friday said it has not received any request from Sebi for conducting further investigation in the whistleblower case where top executives were accused of rigging the company’s balance sheet.

Sources had said market watchdog Securities and Exchange Board of India (Sebi) is likely to call for a forensic audit of books of Infosys as it continues to probe whistleblower allegations of alleged financial irregularities at the company.

Earlier this month, Infosys had said its audit committee had found no evidence of financial impropriety or executive misconduct, virtually giving a clean chit to CEO Salil Parekh and CFO Nilanjan Roy who had been accused by anonymous whistleblowers.

“The company has not received any request from Sebi to conduct further audits as reported by media on January 23, 2020,” Infosys said in a regulatory filing on Friday.

Read more

You may also like

More in IT

Comments are closed.