Government will initiate fresh action against Walmart if an ongoing 'foreign corrupt practices' probe by US authorities reveals any violation in India by the global retail giant.
In an Action Taken Report on a probe into Walmart's lobbying activities, the government has also said that it is "continuously monitoring" developments in the US with regard to such lobbying activities and an ongoing investigation into bribery charges against the company.
The probe, conducted by a one-man inquiry panel constituted by the government about a year ago, could not "conclude in the absence of any material evidence available on record up till now, that Walmart indulged in any lobbying/ bribery to Indian officials".
The ATR, which has been tabled in Rajya Sabha along with the 438-page inquiry report, also said that Enforcement Directorate is conducting investigation into the issue of FDI through automatic route by Walmart in Cedar Support Services, "involving alleged violation.