Infosys chairman issues statement on Whistleblower complaints

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BiznextIndia : In view of the anonymous whistleblower complain, Infosys chairman Nandan Nilekani has issued a statement to the stock exchanges on behalf of the company.

In his statement Nilekani has said that the complaints have been placed before the company’s audit committee and non-executive board members. These complaints are being dealt with in an objective manner.  Additionally, to ensure independence in these investigations the CEO and CFO have been recused from this matter.

“Post the Board Meeting of October 11, 2019 the Audit Committee began consultation with the independent internal auditors (Ernst &Young) on terms of reference for their prima facie investigation. The Audit Committee has now retained the law firm of Shardul Amarchand Mangaldas & Co. (October 21, 2019), to conduct an independent investigation. The Board, in consultation with the Audit Committee, will take such steps as may be appropriate based on the outcome of the investigation. Our statutory auditors, Deloitte, India have also been completely updated on this matter post the Board meeting of October 11, 2019” Infosys said.

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