Bharti Wal-Mart's response to allegations of bribery

New Delhi: Responding to the allegations of bribery by Wal-Mart in India, the company has released the statement below:

These allegations are entirely false. In accordance with U.S. law, U.S. companies are required to disclose the issues and expenditures associated with lobbying on a quarterly basis. The expenditures are a compilation of expenses associated with staff, association dues, consultants, and contributions spent in the United States. Our Washington office naturally had discussions with U.S. government officials about a range of trade and investment issues that impact our businesses in the U.S. and worldwide and disclosed this in accordance with the law.