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What is Wipro about?

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