“It is 20 Months Since He Joined,” Read an Infosys Employee’s Letter that Targets CEO!

Weeks after Infosys faced a whistleblower complaint alleging unethical practices by its top officials, another letter targeting the company's Chief Executive Officer (CEO) Salil Parekh has surfaced. The unsigned and undated letter has been submitted by an employee from the finance department.

“I would like to bring to your notice a few facts that are eroding the value systems of my company. Being an employee and a shareholder, I think it is my duty to bring the misdeeds of the current CEO Salil Parekh to your attention with the hope that you will execute your responsibilities in the true spirit of Infosys and in favour of the employees and shareholders who have so much of faith in the company.”

It alleged that Parekh has made investments into several small companies in Mumbai and so he was staying in the city to have better oversight on his investments. He is visiting Bangalore at least twice a month and that has cost the company around 22 lakh towards airfare and local transportation.

“It is a year and 8 months since he (Parekh) joined, but still he is operating out of Mumbai. This is a basic violation of the original condition put at the time of shortlisting and selection.”

“What is stopping the board from insisting on his movement to Bangalore?” it asked.