India

Mondelez Inc Settles USA Probe Into Bribery Charges For Setting Up Second Cadbury Chocolate Plant At Baddi, Himachal Pradesh

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With agreeing to pay $13 million to resolve US SEC investigation, and the Indian tax and penalty demand pending before the courts, not much in known about any pending investigation about the alleged bribery charges against the persons involved in granting licenses and approvals for the second Cadbury plant at Baddi.