Wipro had not done anything unethical, says Premji

As earlier said that the World Bank has barred Wipro from doing any business with the global lender, Wipro's Chairman Azim Premji stated addressing all his 100,000 employees saying that Wipro did nothing wrong and also stated that "Let me reaffirm that Wipro was right from a legal as well as ethical standpoint. We believe what we did what was right and we did it in the right manner."

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Wipro, Megasoft and other 3 companies are banned by World Bank

World Bank barred Wipro, Megasoft and other 3 companies for four years from receiving direct contracts from the Bank under its corporate procurement program.

WB stated that they are ineligible to receive contracts from the World Bank and Megasoft Ltd, have also been barred for four years since 2007.

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