Asia Bizz: Wipro Technologies Fraud, Investigators Hint Multiple Officials Could Be Involved
In context with the ongoing investigation of the Wipro fraud case, it has disclosed a hint by the investigators working on this case earlier this year, stating the there could be multiple officials involved in the fraud. They also said that there could possibly be people from the Financial department of the company involved in the scam.
Wipro has now stated that it will be filing its annual report with the US Technologies and Exchange Commission for the year end of 2010. On the other hand the Audit firm Ernst & Young will be submitting their reports with the board of the company this month.
One of the prominent people connected with the investigations said, the objective of the investigations is to identify the process involvements and also to fix the hampered unaccountability of the company. He also added that it is too early to draw conclusions for the moment, as the investigations are scheduled to end by October.