Press Esc to close
Saturday 28 May 2016
News updated at 2:57 AM IST
Weather
Max: 33.2°C
Min : 22.2°C
In Bengaluru
Partially 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
An elephant herd seen near a village of Mysore city...

An elephant herd seen near a village of Mysore city...

Y Jyothi (R) of Telangana competes to win gold in the 100m girls hurdles...

Y Jyothi (R) of Telangana competes to win gold in the 100m girls hurdles...

Carpenters completing the construction of the wheels for the forthcoming Lord Jagannath Yatra...

Carpenters completing the construction of the wheels for the forthcoming Lord Jagannath Yatra...

Obama stands after laying a wreath at the Hiroshima Peace Memorial Park in Hiroshima...

Obama stands after laying a wreath at the Hiroshima Peace Memorial Park in Hiroshima...

Army personnel take positions during an encounter with the militants at Naugam...

Army personnel take positions during an encounter with the militants at Naugam...

Aishwarya Rai Bachchan during the event organised to celebrate the success of film Sarbjit ...

Aishwarya Rai Bachchan during the event organised to celebrate the success of film Sarbjit ...

Girl takes selfie with Prime Minister Narendra Modi at exhibition on achievements of North East...

Girl takes selfie with Prime Minister Narendra Modi at exhibition on achievements of North East...

Army Jawans leaving after the encounter at Khonchipora village in Tangmarg...

Army Jawans leaving after the encounter at Khonchipora village in Tangmarg...

Bihar Police persons pays tributes  Jawaharlal Nehru on his 52nd death anniversary...

Bihar Police persons pays tributes Jawaharlal Nehru on his 52nd death anniversary...

Akshay Kumar, Jacqueline,  Liza Headen and Abhishek at a promotional event of 'Housefull 3'...

Akshay Kumar, Jacqueline, Liza Headen and Abhishek at a promotional event of 'Housefull 3'...

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