About this document
Wipro by Aayushi Kamra is a document available to read on EtoBox.
In December 2009, Wipro Ltd discovered a significant internal financial fraud where a senior finance employee embezzled approximately ₹22.8 crore over three years through unauthorized transactions. The incident prompted an inquiry by the U.S. SEC, resulting in a $5 million civil penalty for inadequate internal controls, and highlighted the need for stronger corporate governance and compliance with international regulations. Wipro
- Author
- Aayushi Kamra
- Language
- EN