Walmart probe panel submits report

May 18, 2013 19:45

A committee appointed by the government to look into US giant Walmart's lobbying activities to enter the Indian market submitted its report on Saturday.

The committee, headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, was set up by the Government in the wake of major political uproar over the issue last year which even led to stalling of Parliament.

The conclusions of the panel could not be immediately ascertained.

The panel, which was set up in January this year, is looking into "whether Walmart undertook any activities in India in contravention of any Indian law" and any other matter relevant to this issue.

There was political uproar following reports about Walmart's lobbying among the US lawmakers since 2008 for facilitating its entry into the Indian market. The government had, in December 2012, assured Parliament that the matter would be probed by a retired judge.

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