Murthy's charges patently false, slanderous: Infosys ex-chairman
September 01, 2017  13:15
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Infosys former chairman R Seshasayee today hit out at company founder NR Narayana Murthy for carrying out "personal attacks" and making "false and slanderous accusations" against him, saying he was unable to understand the motivation for the persistent vendetta.

Seshasayee, who along with three other directors quit from the board of Infosys after Murthy rallied other co- founders and institutional investors to bring back peer Nandan Nilekani, said he had always been candid and truthful in all his statements concerning Infosys.

"Since my resignation from the board of Infosys, I have kept away from making any public statements, despite provocations, since I sincerely want the company to move forward, and not be bogged down with the issues of the past," he said, adding he was forced to issue a statement after Murthy's "personal attack and patently false and slanderous accusations" at an investor call earlier this week.

Days after installing Nilekani, Murthy had on August 29 stated that his concerns with the previous board led by Seshasayee were poor governance and ex-CFO Rajiv Bansal being paid large severance as 'hush-money'. Seshasayee said Murthy's statement to the investors "misleadingly attributes words" to him, words taken "completely out of context" to make it appear that he had lied.

Murthy had in his investor call said that Seshasayee had on October 14 told him that the board agreed to pay Bansal large sum of money as it "felt generous".
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