India probe on Wal-Mart lobbying inconclusive, document shows
Oct. 3 (Bloomberg) -- An investigation into allegations that Wal-Mart Stores Inc. lobbied Indian government officials ended without any conclusions, according to a government document obtained by Bloomberg.
The investigation by retired judge Mukul Mudgal was unable to rule on the matter as it didn’t have the power to summon information from the company, according to the document. India’s cabinet may approve the report later today, said two government officials who asked not to be identified because they aren’t authorized to speak to the media.
Wal-Mart has lost senior executives in recent months in India, where it faces a separate government probe and is going through an internal bribery investigation. The Bentonville, Arkansas-based retailer currently operates a chain of 20 wholesale stores in India with billionaire Sunil Mittal’s Bharti Enterprises Pvt.
It is “not possible for it to conclude in the absence of any material evidence available on record till now that Wal-Mart indulged in any lobbying bribery,” according to the cabinet note summarizing the findings of the investigation. Lobbying is illegal under Indian laws.