Indian anti-money laundering agency summons Amazon: ‘Economic Times’ - News Summed Up

Indian anti-money laundering agency summons Amazon: ‘Economic Times’


Indian anti-money laundering agency summons Amazon: ‘Economic Times’BloombergAn Indian government agency has summoned Amazon.com Inc’s top management in the country, along with officials from Future Coupons Pvt Ltd (FCPL), to question them about a botched deal, the Economic Times reported. “We are in receipt of summons issued by the ED in connection with the Future Group,” an Amazon spokesperson told the newspaper. “As we have just received the summons, we are examining it and will respond within the given time frame.”The Future Group did not respond to a request by the Economic Times for comment. The Indian government has asked Starlink Internet Services of Elon Musk’s rocket maker Space Exploration Technologies Corp (SpaceX) to comply with the country’s regulatory framework before offering its satellite-based Internet services. “The same is also evident from the Web site of Starlink (www.starlink.com), wherein satellite-based Internet services can be booked by users in the Indian territory,” it said.


Source: Taipei Times November 28, 2021 18:58 UTC



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