💨 Abstract

India's Central Bureau of Investigation (CBI) has alleged that Diageo and Sequoia Capital made suspicious payments to a politician's firm, aiming to influence favorable government decisions. The CBI claims Diageo Scotland transferred $15,000 to Congress Party lawmaker Karti Chidambaram's firm in 2005, intending to lift a ban on its duty-free products, rather than for consultancy work.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖