Raising their voice a notch higher, the Confederation of All India Traders (CAIT) has written a letter to Prime Minister Narendra Modi, citing a CBI probe into the alleged case of bribery involving some government officials and the world’s largest online retailer, Amazon.
Sharing the letter on the official Twitter handle of the federation, CAIT, in the caption, wrote, “CAIT has sent an important communication to Shri Narendra Modi, seeking his direct and immediate attention in the wake of the shocking revelation of Amazon bribing govt. officials. We demand a thorough CBI investigation as it also impacts the integrity of the government of India.”
https://twitter.com/CAITIndia/status/1444911960659660802
The letter mentions that Amazon has spent a whopping Rs 5,220 crores as “Legal Professional Charges,” and the amount was used to bribe officials in the government and hush up their illegal activities. The Traders’ body has cited the investigation done by The Morning Contextand India Today to support their allegations and make a formal request for a CBI probe to the prime minister.
The matter surfaced almost two weeks ago, when a Mumbai-based media house, The Morning Context, revealed that Amazon has initiated an internal investigation into the allegation of Amazon’s legal time bribing the Indian govt. officials.
According to The Morning Context’s report, a whistleblower who works at the Indian arm of Amazon alleged the bribery. The report also mentions that a senior corporate counsel named Rahul Sundaram has been sent on involuntary leave. The matter was brought to light by two members who work in Amazon’s in-house legal team.
The Traders’ Federation has its horns locked with the e-commerce giants like Flipkart and Amazon. CAIT blames online shopping sites for manipulating the law of the land and bypassing the Foreign Direct Investment policy in e-commerce.
The letter written by the federation representing roughly 8 crore traders throws light on the discrepancy found in the declaration of the legal fee by the e-commerce giant to the Ministry of Corporate Affairs and the statement released by Amazon Sellers Services Private Limited, one of the organs of the US-based company.
This is not the first time that the Confederation of All India Traders has sent a letter regarding this issue. Since the surfacing of the alleged bribery case, CAIT has been demanding a CBI probe and writing letters to various prominent individuals.
On October 1, the federation communicated its demands to the Minister of Commerce and Industry, Piyush Goyal.
https://twitter.com/CAITIndia/status/1443852132361248768
CAIT also wrote to the chairman of the United States Securities and Exchange Commission, Gary Gensler, to draw the federal law governing body of the US to look into the matter.
https://twitter.com/CAITIndia/status/1440997648668917761
The letter to prime minister Narendra Modi has come in the wake of the highly anticipated Big Billion Day by Flipkart and The Great Indian Festival by Amazon that offers immensely lucrative deals to the customers.
Read all the Latest News , Breaking News and IPL 2022 Live Updates here.
Comments
0 comment