Millennium Post

Report on graft charges against Walmart by April

A government appointed one-man committee that is investigating alleged corruption charges against the retail giant Walmart in India will submit its report by April, Parliament was informed on Wednesday.

‘The government has decided to appoint one-man committee regarding media reports concerning Walmart vide resolution dated 31.1.2013. The committee has been asked to submit its report within three from months from issuance of the resolution,’ minister of state for commerce and Industry S Jagathrakshakan said in a written reply to the Rajya Sabha.

In January, the Union Cabinet had decided that the probe would be conducted by a retired judge of Supreme Court or Chief Justice of a High Court.

The committee was mandated to probe whether US retail giant Walmart had indulged in lobbying activities by violating Indian laws to gain access to its market.

It was also mandated to inquire into recent media reports on disclosures of Walmart before the US Senate regarding their lobbying activities and details (and) whether Walmart undertook any activities in India in contravention of any Indian law.
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