Infosys Fraud: Written second letter to Infosys SEO: For the second time, the company’s disappearance notes that Infosys’ manipulations are huge. This time, directly criticized CEO Salil Parekh. Shares of the company closed down 16% at BSE at 643.55 as the first letter was issued on the 22nd.
In the second letter, directly accused CEO Saleel Parekh. The IT service company, which agrees to address the criticism raised with the first letter, is even more embarrassed by the second letter. The board of directors of the company’s board of directors urged immediate action, saying that CEO Salil Parekh had made some irregularities but that the corporation was still trying to make a profit in the short run.
The letter said that it had been 18 months since Parekh joined the company and the Bengaluru-based CEO had committed breaches of duty.