In the letters, the group alleges that CEO Salil Parekh is bypassing reviews and approvals for large deals. We have mails and voice records and will share during investigation,” the letter added.The whistleblower letter to the board is dated September 20, 2019. The letter to the US SEC was first sent on September 27, according to a purported follow-up letter dated October 3. Infosys ADRs trade on the US stock exchanges.Earlier this month, the company’s deputy CFO Jayesh Sanghrajka resigned. The last time Infosys faced a whistleblower complaint was during the tenure of former CEO Vishal Sikka who left in 2017 after a tussle over corporate governance with Infosys founder NR Narayana Murthy.

Source: Economic Times October 21, 2019 01:07 UTC