CBI Files Case Against Cadbury, Alleges Firm Availed Fraudulent Tax Benefits in Himachal Pradesh
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The CBI has booked Cadbury India Private Limited (now known as Mondelez Foods Private Limited) for alleged corruption and misrepresentation of facts to fraudulently avail area-based tax benefits in Baddi, Himachal Pradesh.
After registering the FIR, the CBI carried out searches at 10 locations in Solan, Baddi, Mohali, Pinjore and Mumbai.
The FIR is an outcome of a preliminary enquiry registered by the agency, which showed that the company allegedly “paid bribes, misrepresented facts and manipulated records to fraudulently avail area-based exemption benefits in Baddi, Himachal Pradesh”.
“For availing the same, some members of the executive board of the company, along with key managers, collectively decided to manipulate records, engage intermediaries to route bribes and cover up all the evidence that had surfaced during the internal investigation,” the CBI has alleged.
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