Amazon's letter is nothing but an afterthought, says Future group

The spokesperson said all related-party transactions and records of fund utilisation were on record and part of the public disclosures made by the company as part of standard governance practices

Amazon is not a shareholder or creditor of Future Retail (FRL) and hence has no locus standi to send the letter, a spokesperson for the Future group said in response to a query.

“Amazon’s letter is nothing but an afterthought and a counterblast to the show-cause notice by the Competition Commission of India against Amazon in pursuance of the complaint by Future Coupons Pvt Ltd (FCPL) seeking withdrawal of the CCI’s approval for Amazon’s investment into FCPL,” said the spokesperson. “The allegations contained in Amazon’s letter are being made as part of a legal dispute that is being dealt with by