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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 

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* 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
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