Probe into whistleblower complaints finds no evidence of wrongdoing: Infy

No evidence found that M&A team failed to obtain appropriate approval

Infosys
Reuters
Last Updated : Jun 23 2017 | 5:09 PM IST
Infosys said conclusion of independent investigation into allegations made by anonymous whistleblower finds no evidence of wrongdoing.

Gibson Dunn & Control Risks completed detailed independent investigation and did not find any evidence whatsoever of wrongdoing, said the IT company.

Other findings of the probe are:

* Says audit committee approved a comprehensive investigation into the anonymous complaints 

* No evidence supporting whistleblower's allegations regarding acquisitions was found

* No evidence found on inappropriate contracting 

Also Read


* No evidence found that mergers and acquisitions team failed to obtain appropriate approvals

* Found no evidence that CEO received excessive variable compensation or incurred unreasonable expenses for security, travel and the Palo Alto office

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story