Friday, 24 March, 2023
Infosys’ Saudi JV partner files lawsuit against it in US court
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<p>Infosys’ JV partner in Saudi Arabia has filed a lawsuit in a USA court alleging that it violated US law on corruption. Saudi Prerogative Company said Infosys had violated the Racketeer Influenced and Corrupt Organizations Act and alleged that Infosys falsely claimed that it didn't make money from certain contracts and requested it to reduce or wave-off its 8% commission. The Saudi firm claimed that Infosys had made substantial money on the same contracts.</p> <p> </p>
Read full story at The Economic Times
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