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Sebi should prosecute Infy board over Panaya, Bansal issue: Whistleblower

The whistleblower says why Sebi is acting differently from NSE case and not ordering a fully independent investigation in Infosys case

Sebi should prosecute Infy board over Panaya, Bansal issue: Whistleblower
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Raghu Krishnan Bengaluru
A whistle-blower at Infosys has asked market regulator, the Securities and Exchange Board of India (Sebi), to reject the Bengaluru-headquartered information technology (IT) major’s offer to settle the dispute over former chief financial officer (CFO) Rajiv Bansal’s severance pay. Instead, the whistle-blower has sought an independent forensic investigation of the matter.
 
The anonymous whistle-blower, whose email to Sebi was reviewed by Business Standard, also blamed the Infosys board, currently led by co-founder Nandan Nilekani, for dismissing the allegations. “It is a mockery of justice,” the whistle-blower, who claims to be an Infosys employee, has written.
 
“The