Crisis at Infosys: Read N Narayana Murthy’s full text on the allegations levelled against him

On Friday, Vishal Sikka resigned as the CEO of software giant Infosys. Following the movie, a number of individuals within the company blamed founder N Narayana Murthy for the resignation. However, on Friday evening the company founder responded.

Below is the full text

I have read the statement issued by the Board of Directors of Infosys.

I am extremely anguished by the allegations, tone and tenor of the statements. I voluntarily left the Board in 2014 and am not seeking any money, position for 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.

It is below my 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 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.

I will reply to these allegations in the right manner and in the right forum and at the appropriate time.