US Firms ALLEGED in CORRUPTION CASES

US Firms ALLEGED  in CORRUPTION CASES

Cognizant and Uber extra American companies have their turnover in crores

This company has their offices and business in so many countries

In India this week companies are are blame to be we found in corruption cases or they have used corruption to settle in India or start their business in India

The current case is is of uber for corruption

Uber in its IPO declared that America's officials are are checking their financial transactions if any payment has made to settle or or as a fine for the corruption cases

IT company cognizant has also fine for 2.8 crore dollar for giving corruption to settle their offices in India

Cognizant has paid money e part of corruption to settle their office in India

office was made for established constructed by Larsen and toubro LNT

This corruption for this money paid by LNT Larsen and toubro on behalf of cognizant

LNT Larsen and toubro has denied switch allegations

After this there are many companies which are under scanner and scanning of us justice security service

One more America company striker the mako experience is also known involved in corruption

Fcpa act as per FTP act of USA America there is prohibition of giving money or found in corruption in in foreign countries abroad or outside America also

Fcpa also applicable for the the companies which has their businesses and transactions outside India for sales outside India

like cognizant cognizant is US form listed in US on the stock exchange and has offices in India and other countries

USA or America has made special wing to deal and find out such cases so there are so many cases found in India after that made separate special wing for this operation in last 3 years

the most important question behind this is why these companies are pink corruption or money e under the table in India when Indian government is favourable for business and capital brought by the foreign investment

other important question is weather India is going to take any action against these companies for any enquiry or not