Infosys co-founder N R Narayana Murthy today denied that he had withdrawn his concerns about governance lapses
at the firm, saying the Board has to address these “properly” and “full transparency should be displayed and people responsible for it should become accountable”.
“No, I have not withdrawn my concern. They have to be addressed properly by the Board and full transparency should be displayed and people responsible for it should become accountable,” Murthy told the news agency.
Murthy was responding to reports that he had backed down from the confrontation with the Board over corporate governance issues.
Asked about his view on the integrity of Infosys Board members, Murthy said while all the member are “good intentioned people of high integrity, but even good people sometimes make mistakes”.
“...Good leadership demands that they listen to all concerned shareholders, re-evaluate their decisions, and take corrective action. I hope they take corrective action soon and improve governance for a better future for the company,” he added.