Delhi High Court sets aside CVC's graft inquiry against Walmart India

The Delhi High Court has set aside an inquiry initiated by the Central Vigilance Commission (CVC) in relation to allegations of bribery and corruption against Walmart India.

This may bring to close an inquiry by the CVC against Walmart India following publication of news article in the Wall Street Journal that alleged bribes were paid to several government officials in India to secure real estate approvals and facilitate movement of goods through customs.

Walmart had conducted its own internal inquiry into the allegations of bribery in markets like China, India and Brazil. Last year the retail major agreed to settle bribery probe