Amazon in question, spent so many billion rupees on legal fees in two years, these allegations against the company
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US giant Amzon spent around Rs 8,546 crore in legal fees in the last two years to maintain its presence in India. This information given by Amazon is quite shocking. According to official data of public account filings done by the company in India, all the Indian centric companies of Amazon together have spent a total of Rs 8,546 crore as legal fees in the 2018-20 financial year.
8,546 crores spent during 2018-20
According to the official public account filing by Amazon, the giant has spent about Rs 8,546 crore, about $1.2 billion in legal fees during the 2018-20 fiscal year. At the same time, the company has earned Rs 42,085 in these two years. In view of this, the company has spent about 20 percent of its total earnings in legal fees. These figures are quite shocking.
CAIT wrote a letter to the center
CAIT has written a letter to Union Commerce Minister Piyush Goyal that the matter of bribery is very serious. Along with Amazon, government officials can also be involved in this. In such a situation, there should be an immediate CBI inquiry into this sensational big scam.
At the same time, on this matter, an official of the Center said on Tuesday that the policy of the government is not to tolerate corruption at all. Therefore, the government will investigate against Amazon’s legal representatives for bribing officials. According to officials, the Amazon company has spent Rs 8,546 crore on legal fees. The question arises, where is this money going, the whole system of the company does the car on bribe.
Future Group Amazon trapped in the acquisition of
Amazon is currently facing a legal battle over the acquisition of Fuser Group and is under investigation by the Competition Commission of India (CCI). At the same time, the company has refused to comment or make any statement on the issue of legal fees.
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