TCS fired 4 officers in ₹100 crore fraud case
TCS fired 4 officers in ₹100 crore fraud case: Taking bribe instead of giving jobs, the company gave jobs to 3 lakh people in 3 years
![TCS fired 4 officers in ₹100 crore fraud case](https://www.sangritoday.com/uploads/images/2023/06/image_750x_6495717f4ba78.jpg)
India's largest IT services company Tata Consultancy Services (TCS) has removed 4 of its officers from the company in connection with taking bribes. According to media reports, these officers used to take commissions from staffing firms instead of providing jobs.
This was going on in the company for the last several years. After the matter came to light, TCS took immediate action and removed four executives from its Resource Management Group (RMG) along with the recruitment head. The company has also banned three staffing firms. The names of these staffing firms and the fired officers are yet to be revealed.
The whole matter came to light after a whistleblower wrote a letter to the company's CEO and COO claiming that RMG's Global Head ES Chakraborty takes kickbacks from staffing firms in exchange for providing jobs. TCS then formed a three-member committee to investigate the allegations. Chief Information Security Officer Ajit Menon was also involved in this.
An executive related to the matter said that in the last 3 years, the company has hired 3 lakh people including contractors. It is also estimated that those involved in the scam have earned at least Rs 100 crore by way of commission.