Cadbury India
CBI registers corruption case against Cadbury India, ex-govt officials
New Delhi/IBNS: The Central Bureau of Investigation (CBI) has charged Mondelez India, erstwhile Cadbury India, its top brass and former central excise officials in connection with alleged irregularities and corruption for obtaining a license of chocolate factory in Himachal Pradesh.
The case has been lodged under IPC 420 (forgery) and the Prevention of Corruption Act.
“An enquiry was conducted by the state capital Shimla branch on the allegations that the Mondelez Foods have paid bribes, misrepresented the facts and manipulated the records to fraudulently avail excise duty and even income-tax benefits,” the CBI said in its first information report.
The central probe agency noted that for obtaining the license, executives and members of the board collectively decided to manipulate records and engage intermediaries to pay bribes and also cover-up all those evidence that had surfaced during the internal investigation.
The CBI enquiry also found that instead of setting up a separate unit, it expanded its production in the existing units to avail the duty benefits.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
