Whistleblower case: Infosys writes to clients as allegations reveal dissent

The letter was made public last Monday, after which Infosys' stock price was badly hit, though it has recovered a bit in the last trading session

Infosys panel may summon CEO, CFO & finance team over whistleblower charges

Analysts say relation with clients is good, but allegations reveal internal dissent

Debasis Mohapatra Bengaluru
Infosys has written to clients, apprising them of the developing situation on whistle-blower allegations and subsequent investigations by the company and regulators, said sources in the company.

Analysts said the relationship of the Bengaluru-headquartered information technology (IT) major with its clients was unlikely to be affected by the recent developments, but the complaints of the whistle-blowers reflected internal dissent in the company.
“From the point of view of clients this will have little or no impact,” said Peter Bendor-Samuel, founder and chief executive officer (CEO) of global IT outsourcing consultancy firm Everest Group, adding: “They don’t care about accounting practices

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First Published: Oct 28 2019 | 7:31 PM IST

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