Audit panel found no evidence of financial impropriety, says Infosys

The Bengaluru-based company, after its Oct quarter results, had informed stock exchanges of anonymous whistleblower complaints that had alleged certain unethical practices by the top management

Infosys Ltd on Friday said its audit committee has found no evidence of financial impropriety or executive misconduct, virtually giving a clean chit to CEO Salil Parekh and CFO Nilanjan Roy who were accused by anonymous whistleblowers of rigging the company's balance sheet.

In October, Infosys had informed stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management. It then started a probe into the matter and roped in external investigators.

"The Infosys audit committee finds no evidence of financial impropriety, or any executive misconduct. We had a long investigation," the company's Chairman Nandan Nilekani said