Press Esc to close
Saturday 23 September 2017
News updated at 12:24 AM IST

No violation of American laws in lobbying by Walmart: US

Washington, Dec 11, 2012 (PTI) 10:42 IST
Amid controversy over reports that Walmart spent nearly Rs 125 crore for lobbying with lawmakers to get access to Indian market, the US has said the global retail giant did not violate any American law as far as the matter is concerned.

"On the US side, I don't have any reason to believe that we have a violation of US law here. With regard to the Indian side, I'll refer you to them," State Department spokesperson Victoria Nuland said yesterday, categorically dismissing allegations by Indian opposition parties in this regard.

Nuland was responding to questions on charges by opposition parties in India that Walmart spent huge sums in four years in lobbying before the US Congress, including on those related to enhanced market access for investment in India.

"We've seen these press reports. With regard to lobbying in the US, I think you know that the Lobby Disclosure Act of 1995 and the Honest Leadership and Open Government Act of 2007 requires lobbyists for any company or organisation to disclose its activities in a periodic report to Congress," she said.

"So the report which some of these allegations have cited is a regularly required report for the US Government as part of our open government transparency in governance requirements," Nuland said.

Meanwhile, Walmart has also denied of being involved in any wrongdoing.
"These allegations are entirely false. In accordance with US law, American companies are required to disclose issues and expenditures associated with lobbying on a quarterly basis. The expenditures are a compilation of expenses associated with US federal lobbying contacts and include staffing cost, association dues and payments made to consultants, all in the US," a company spokesperson said in a statement.

The spokesperson said the company had "held discussions" with US officials about a range of "trade and investment issues" that impact its businesses in the US and worldwide, and disclosed this in accordance with the law.

Go to Top

Photo Gallery
A man decorates a community Durga puja pandal in Kolkata on...

A man decorates a community Durga puja pandal in Kolkata on...

Tata Motors design head Pratap Bose (R) and the Zonal Manager-South, Suraj Subbarao pose with the...

Tata Motors design head Pratap Bose (R) and the Zonal Manager-South, Suraj Subbarao pose with the...

A carries a schoolboy on a motorcycle amid rains in Faridabad on Friday...

A carries a schoolboy on a motorcycle amid rains in Faridabad on Friday...

A villager shows the tail of a mortar shell allegedly fired from the Pakistani side of the border..

A villager shows the tail of a mortar shell allegedly fired from the Pakistani side of the border..

School children running along a road as they enjoy the rains in New Delhi on...

School children running along a road as they enjoy the rains in New Delhi on...

People gathered to form a shape of rhino to mark the 8th anniversary of World Rhino Day outside...

People gathered to form a shape of rhino to mark the 8th anniversary of World Rhino Day outside...

Two stag deer are seen through the mist at dawn during the annual rutting season in Richmond Park...

Two stag deer are seen through the mist at dawn during the annual rutting season in Richmond Park...

Missiles are displayed as Iranian President Hassan Rouhani attends an armed forces parade in ...

Missiles are displayed as Iranian President Hassan Rouhani attends an armed forces parade in ...

Vehicles wade through a flooded road after heavy rains in Thane district of Maharashtra on...

Vehicles wade through a flooded road after heavy rains in Thane district of Maharashtra on...

Real Madrid's Cristiano Ronaldo closes his eyes during Spanish the La Liga soccer match between...

Real Madrid's Cristiano Ronaldo closes his eyes during Spanish the La Liga soccer match between...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.