New Delhi: Investigation into whether US giant Walmart may have bribed Indian officials to gain wider access to the country's vast market has been closed due to lack of evidence, sources said on Sunday. Corporate Affairs Ministry has confirmed and said no evidence of lobbying was found.
The one-man committee of Former Chief Justice of Punjab and Haryana High Court Mukul Mudgal probing the matter had submitted a report to the government next week saying there was no 'adequate' evidence to suggest Walmart was involved in any unlawful activity in India, the Business Standard reported, quoting unnamed sources.
A committee looking into Walmart's lobbying activities to enter India on Saturday submitted its report to Corporate Affairs Minister Sachin Pilot. Mudgal who headed the panel set up to look into lobbying activities by Walmart, submitted the report to Pilot at his residence.
With Additional Inputs from PTI