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Bangalore:  The on going crisis in Infosys has deepened as co founder of India’s most valuable IT company’s co founder N R Narayana Murthy hits back saying it was below his dignity to respond to baseless allegations.

 Narayana Murthy said he was extremely anguished by the charges, and 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 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.”

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.

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