An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters,

An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.

Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees

As a result of the probe, PRI brands have been banned from sale in New Delhi, a crucial market, and the company is appealing the decision. The report called for Mishra's dismissal or resignation, noting his key role in approving financial assistance to retailers;

Internal investigation found that top executives at Pernod Ricard India violated the law by collaborating with alcohol retailers in New Delhi. The French company's representatives continue to deny wrongdoing.