New Delhi: The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday.
NFRA comes under the Ministry of Corporate Affairs.
The senior government official told PTI that NFRA has been asked to look into alleged accounting irregularities and related unethical practices.
On Monday, Infosys informed stock exchanges about anonymous whistleblower complaints alleging certain unethical practices.
"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.
Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in federal court in the US-based on the generalised allegations in the anonymous complaints. "The company intends to defend itself vigorously in such a lawsuit," it added.
