Whistleblower stings Infosys again; alleges irregularities in accounting

India’s second largest IT services firm Infosys’ run-ins with whistleblowers appear to be unending. After a gap of two years, an anonymous whistleblower group called ‘Ethical Employees’ has alleged that the company’s current management was taking ‘unethical’ steps to spur short-term revenue and profits.

In a statement, Infosys said, “The whistleblower complaint has been placed before the audit committee in line with the company’s practice and will be dealt with in accordance with our whistleblowers policy.”

According to the whistleblower’s complaint to US Securities and Exchange Commission and the board of Infosys, the Bengaluru-based firm’s current CEO Salil Parekh was not taking necessary approvals before entering into large deals.