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Pernod's internal probe concludes its top India officials broke law
Mint Hyderabad
|December 05, 2024
Representatives of Pernod Ricard have denied collusion with alcohol retailers both in court and publicly
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters, even as the French giant's representatives denied wrongdoing in court and publicly.
India's financial crimes agency, the in exchange for stocking more Pernod brands. PRI lobbied New Delhi officials in favour of a 2021 law that allowed private retailers to run liquor shops, Reuters previously reported, in a major departure from the earlier system of the government operating such stores.
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