'Certain Pernod Ricard staff were involved in Delhi excise policy case'
Pernod Ricard said its independent investigation revealed certain employees were involved in engaging with the government and key conspirators linked to Delhi's now-scrapped excise policy.
«The company had engaged an independent third party to carry out an internal investigation on the Delhi Excise policy issue which highlighted certain findings including involvement of certain employees in activities relating to formulation and implementation of Delhi Excise Policy 21-22 and engagement with government officials and other third parties/alleged key conspirators/specific distributors/retailers,» Pernod said in its latest annual filings with the Registrar of Companies. It added that these findings are not conclusive in nature, given the ongoing investigation and are subject to interpretations by the legal counsel.
The French alcobev firm's license in Delhi was not renewed after investigating agencies named the company in a case of alleged corruption and cartelisation linked to the excise policy.
Former Delhi deputy chief minister Manish Sisodia had been arrested by the Central Bureau of Investigation in February for his alleged role in the same excise case.
«We are currently assessing the conclusions of the third party. Furthermore, as the matter is sub-judice, we are unable to comment on the allegations made by the ED and on the findings resulting from the internal investigation.
