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Walmart says it is in compliance with anti-corruption laws in US and global market, including India
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Walmart says it is in compliance with anti-corruption laws in US and global market, including India

Press Trust of India • September 5, 2018, 12:23:00 IST
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Walmart’s reaction comes after the Delhi High Court on Tuesday set aside the Central Vigilance Commission’s enquiry into bribery allegations against Walmart’s Indian arm.

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Walmart says it is in compliance with anti-corruption laws in US and global market, including India

New Delhi: US retail major Walmart said on Tuesday that the company is in compliance with anti-corruption laws in the US and global markets, including India, where it operates. [caption id=“attachment_5118941” align=“alignleft” width=“380”]Walmart stores. Representational image. Reuters. Walmart stores. Representational image. Reuters.[/caption] Walmart’s reaction comes after the Delhi High Court on Tuesday set aside the Central Vigilance Commission’s enquiry into bribery allegations against Walmart’s Indian arm. “Walmart is committed to operating in a responsible and legal manner, wherever we do business. Compliance with anti-corruption laws in the US and all international markets, including India, is a key priority,” said Walmart in a statement. It further added: “We respect the ruling of the Delhi High Court”. CVC had initiated an investigation into the retail company after a US-based media house had reported that Walmart had allegedly bribed Indian government officials to obtain custom clearances and permission to open and run stores here.

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