Top Wipro GE execs quit over accounts fiasco.

(From Business Line)

BANGALORE, Dec. 2 THE Chief Financial Officer and a number of junior executives of the Finance Department of Wipro GE Medical Systems put in their papers recently.

This came close on the heels of the fiasco over wrongly-estimated losses last quarter. The company had overestimated revenues by Rs 38 crore. When contacted, the company confirmed the "changes", but refused to comment on the matter.

A GE task force was in Bangalore to audit Wipro GE's accounts. The resignations happened sometime in September, the time around when the report was submitted. The CFO in …