Amazon slams the federal government in the latest maniac scandals

Amazon slams the federal government in the latest maniac scandals ...

NEW DELHI, Dec 22 - The Indian financial crime fighting company has entered into a lawsuit seeking to stop a probe into the latest installment of its deals, a court filing seen by Reuters shows.

The India State Enforcement Department (DDR) has spent months getting $200 million from Amazon in India's Future Group for suspected violations of foreign investment laws.

This investment is in the center of a huge legal battle: Amazon has also used the terms of the deal - and cited the breaches of contract by Future - to sell a rival the Indian company's retail assets for $3.24 billion.

In a 816-page document, seen by Reuters, the ED called the investigation a "fishing and roving inquiry," where the ED demanded privileged legal advice and opinion from Amazon, and other information from its future group agreement.

Numerous Amazon executives, including its India Head, were summoned by the ED in recent weeks, and the investigation is a "necessary harassment," the U.S. e-commerce giant said in its filing in Delhi on Dec. 21.

The e-mail states that the embassy requested the disclosure of legally privileged documents and privilege information, while enabling it under Indian constitution, but it isn't public.

"The investigation is an ongoing investigation."

Amazon and the ED, which doesn't disclose the details of their investigations, did not respond immediately to requests for comment. The case is probably going to be heard on Thursday.

This filing is the latest twist in the long-running dispute between Amazon and Future. Although the antitrust body of India's 2019 deal last week said that it suppressed information when looking for approvals for it, the ED's investigation is independent of that.

The dispute centers around three commercial agreements between Future and Amazon, which a Singapore arbitration panel has said to be read together to review the transaction.

Future contends that imposing the commercial agreements would violate the Indian law in effective terms.

The court filing of the Amazon-based company contained a notice dated Feb. 19 that sought more details of the investments a company has made in the future, including financial and financial details and other related data.

It also showed that the ED is conducting a much larger probe and sought out more details of e-commerce e-shop sites in India, including sales numbers for those who account for over 5% of the total sales on Amazon.in.

The notice came after a February robbery helped a number of sellers, not least in India, prosper, giving them a reduced gratification and implementing foreign investing laws.

Amazon said it was confident to comply with the regulations and that it won't give any preferential treatment to anyone who owns the products on the marketplace.

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