Infosys launches internal investigation of BPO arm

Indian IT major Infosys has launched an internal investigation in the financial irregularities of its BPO arm after taking into account a whistle blower complaint. The move comes two days after the BPO arm’s CFO, Abraham Mathews was shown the door for not complying with the code of conduct.The company has appointed a committee to oversea the investigation and this committee is expected to make recommendations on the future course of action.

The company has said that the committee has been put into place to ensure transparency and to negate the possibility of such recurrence.

In a statement to the channel the company said, “The financial irregularities are not material in nature and the company has already made required disclosures. The company has taken disciplinary action on employees. We will not be able to comment on client specific matters or on investigation as they are confidential in nature.”