Wal-mart Bribe Case

America's multinational retail corporation, Wal-Mart has come under scanner of the Central Vigilance Commission (CVC) which has summoned country head of the retailer amid allegation that it gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.

BJP today latched on to reports of American multinational retail corporation, Wal-Mart, paying "suspected bribery" in India to attack Congress saying the party continues to shame India abroad while Prime Minister Narendra Modi was working hard to present a "shining India" to the world.

The formula used by prosecuters to understand the extent of penalties the company will face in the recent alleged bribe case, may depend on many factors - including how much retailers cooperate with authorities.

America's multinational retail corporation, Wal-Mart has come under scanner of the Central Vigilance Commission (CVC) which has summoned country head of the retailer amid allegation that it gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.

BJP today latched on to reports of American multinational retail corporation, Wal-Mart, paying "suspected bribery" in India to attack Congress saying the party continues to shame India abroad while Prime Minister Narendra Modi was working hard to present a "shining India" to the world.

The formula used by prosecuters to understand the extent of penalties the company will face in the recent alleged bribe case, may depend on many factors - including how much retailers cooperate with authorities.