Cabinet approves committee to probe Wal-Mart’s lobbying activities

Press Information Bureau

Government of India

Ministry of Company Affairs

24-January-2013 19:13 IST

The Union Cabinet today approved the appointment of a one-man Committee into the media reports concerning Wal-Mart.

The terms of reference of the Committee are as follows:-

(i) To inquire into recent media reports on disclosures of Wal-Mart before the US Senate regarding their lobbying activities and details.

(ii) Whether Wal-mart undertook any activities in India in contravention of any Indian law.

(iii) Any other matter relevant or incidental to the above.

The Committee will submit its report within three months.

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SH/LM