'Fired' Employee of Outsourcing Giant Wipro Died Two Months Ago
The Business Standard reports today that a Wipro employee who was fired for allegedly committing fraud by embezzling $4 million had committed suicide two months ago. Why is news of this man's death only now starting to make the media rounds? In addition to the media delay in reporting his alleged suicide, I guess they have their own way of doing business and handling crime in India:
"Anoop Kumar Agarwal, a chartered accountant, was found dead on a railway track between K R Puram and Byappanahalli railway station. The railway police came across the body on the morning of December 23 last year."
The article noted that when asked to comment on the issue just today, Wipro stated “We cannot share any information on the employee for reasons of employee confidentiality.” It also stated that media reports about an employee committing fraud within Wipro’s finance department apparently appeared a few days ago after “speculation” on Agarwal's whereabouts began to surface:
“Wipro officials maintained that they had managed to recover about half of the embezzled money ($2 million) through “persuasion”. The company had recently told this paper that it had decided not to file a case against the person, “who was from a respectable family”, based on a suggestion made by their internal committee that included external counsels. Wipro had hired investigative and legal agencies in the wake of the embezzlement.
Meanwhile, a PTI report citing unnamed sources in Wipro said the extent of the embezzlement was expected to be far more.”
So, here is a guy who embezzles millions from his employer, gets fired, no charges were filed, allegedly commits suicide December 23, and two months later it is revealed by Wipro's “internal committee” through something called a “group of external counsels” that the dead guy was from a “respectable family.” Could that high falutin' family ties thing have driven this man to kill himself? Or did he have some help being thrown onto the railroad tracks?
The 'good' news for Wipro is that at least they got about half of the stolen money back through “persuasion.”