Sunday, December 16, 2012

More American companies with bribery allegations


     More American companies, following Walmart, came forward with the allegations that millions of cash has been thrown out to India for getting an entry to the country’s retail business sector.  As many as 15 companies so far, made it clear that they spent millions as bribery in order to obtain favorable circumstance to enter various retail sectors in India.

     Meanwhile, though the lobbying being legal in US, the question that who are the beneficiaries of this huge amounts of money in India will bring big controversy in the country coming days.

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