India News | CAIT Demands CBI Inquiry into Bribery Allegation Against Amazon
Get latest articles and stories on India at LatestLY. The Confederation of All India Traders (CAIT) has demanded a CBI inquiry following a report that Amazon's India lawyers bribed officials.
New Delhi [India], September 20 (ANI): The Confederation of All India Traders (CAIT) has demanded a CBI inquiry following a report that Amazon's India lawyers bribed officials.
CAIT is also moving a representation to Gary Gensler, Chairman, US Securities & Exchange Commission, Washington who heads the repository body of FCPA law of US, and the Corporate Governance Committee of Amazon Board demanding a fair and independent probe into this issue.
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Besides this, in a letter to the Commerce and Industry Minister Piyush Goyal, CAIT said that while the investigation goes on, the company should be directed to suspend their e-commerce portal.
The development comes after a media report stated that Amazon Inc had initiated an investigation into the conduct of its legal representatives in India. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)