Narayana Murthy anguished over Infy Board’s allegations

Mangalore Today News Network

Bengaluru, Aug 18 2017,  DH News: Infosys Co-Founder N R Narayana Murthy on Friday said he was extremely anguished by the allegations, tone and tenor of the statements made by the company’s board.

In a statement issued to the media post the resignation of Vishal Sikka as MD and CEO of Infosys, Murthy said, "I voluntarily left the Board in 2014 and am not seeking any money, position for my children or power. My concern primarily was the deteriorating standard of corporate governance which I have repeatedly brought to the notice of the Infosys Board," he said.

Murthy said in the statement that it was below his dignity to respond to such baseless insinuations. "However, several shareholders who have read the whistle-blower report have told me that it is hard to believe a report produced by a set of lawyers hired by a set of accused, giving a clean chit to the accused, and the accused refusing to disclose why they got a clean chit!. They say that this is not the way an impartial and objective investigation should be held."

Murthy said he will reply to these allegations in the right manner and in the right forum and at the appropriate time