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CVC examines top Wal-Mart officials

By The Assam Tribune
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NEW DELHI, Nov 25 - Top executives of US-based world�s biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to Government officials to get customs clearances and obtain permits to set up stores in India.

The company officials have submitted balance sheets of past 7 years and sought time to give some more documents required by the anti-corruption watchdog.

�We had summoned Wal-Mart�s officials. Two of their senior executives have been examined. They have sought time till December 15 to submit more documents relevant in the case,� Vigilance Commissioner TM Bhasin said here today. � PTI

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CVC examines top Wal-Mart officials

NEW DELHI, Nov 25 - Top executives of US-based world�s biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to Government officials to get customs clearances and obtain permits to set up stores in India.

The company officials have submitted balance sheets of past 7 years and sought time to give some more documents required by the anti-corruption watchdog.

�We had summoned Wal-Mart�s officials. Two of their senior executives have been examined. They have sought time till December 15 to submit more documents relevant in the case,� Vigilance Commissioner TM Bhasin said here today. � PTI

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