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Cognizant case: Cloud over trial
Hindustan Times Ranchi
|January 30, 2025
Less than five weeks before the US trial of a six-year-old case begins to determine whether two former executives of Cognizant Technology Solutions Corp. (CTS) routed illicit payments through Larsen and Toubro Ltd to unnamed Indian government officials, it is unclear if an ex-Cognizant executive, the US government's "essential witness" will travel to testify when the case starts on March 3.
BENGALURU:
The testimony of Srimanikandan Ramamoorthy, 51, a Chennai resident termed an essential witness by the US Department of Justice, is critical, according to two lawyers directly privy to the case proceedings, as he is the only witness said to have discussed the alleged $2 million bribe payment with executives of L&T and former executives of Cognizant.
Court documents reviewed by Mint show that Ramamoorthy, who signed a non-prosecution agreement with the US authorities in January 2019 and has since turned approver, has shared emails, many of which were marked to L&T executives, including current chairman S.N. Subrahmanyan, detailing how the bribe payments were orchestrated.
Diese Geschichte stammt aus der January 30, 2025-Ausgabe von Hindustan Times Ranchi.
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