Thursday 24 April 2014
News updated at 7:01 PM IST
Weather
Max: 34.6°C
Min : 22.8°C
In Bangalore
Generally cloudy

No violation of American laws in lobbying by Walmart: US

Washington, Dec 11, 2012 (PTI)

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 worker spreads paddy crop for drying at a rice processing unit in Bavla...

A worker spreads paddy crop for drying at a rice processing unit in Bavla...

A helicopter flies past as Bangladesh's naval frigate BNS Abu Bakar participates in multi-country...

A helicopter flies past as Bangladesh's naval frigate BNS Abu Bakar participates in multi-country...

Sachin Tendulkar poses for a photograph with his wife Anjali during his 41st bithday celebrations...

Sachin Tendulkar poses for a photograph with his wife Anjali during his 41st bithday celebrations...

Prime Minister Manmohan Singh showing the ink mark on his finger after casting vote for Lok Sabha...

Prime Minister Manmohan Singh showing the ink mark on his finger after casting vote for Lok Sabha...

Residents trying to salvage their belongings after a massive fire gutted their houses in Patna...

Residents trying to salvage their belongings after a massive fire gutted their houses in Patna...

A honeybee ‘caught’ by a ‘len’s eye’ while feeding on nectar...

A honeybee ‘caught’ by a ‘len’s eye’ while feeding on nectar...

Labourers thrash cornflower stalks in a field during morning hours near Vrindavan...

Labourers thrash cornflower stalks in a field during morning hours near Vrindavan...

Chief Minister of Manipur O Ibobi Singh offers floral tribute at Khomjam War Memorial Complex...

Chief Minister of Manipur O Ibobi Singh offers floral tribute at Khomjam War Memorial Complex...

In this Sunday, March 2, 2014 file photo, Olivia Wilde, and Jason Sudeikis arrive at the ...

In this Sunday, March 2, 2014 file photo, Olivia Wilde, and Jason Sudeikis arrive at the ...

Britain's Prince William and his wife Catherine, Duchess of Cambridge, attend a reception ...

Britain's Prince William and his wife Catherine, Duchess of Cambridge, attend a reception ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523