Amazon sues financial crime agency in latest twist of Indian battle

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Amazon sues financial crime agency in latest twist of Indian battle
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Amazon.com Inc is taking India's financial crime fighting agency to court, seeking to quash an investigation into one of its 2019 deals, a court filing seen by Reuters shows.

Amazon's $200 million investment in India's Future Group for suspected violations of foreign investment laws.

Multiple Amazon executives, including its India head, had been summoned by the ED in recent weeks and the investigation had caused "unnecessary harassment," the U.S. e-commerce giant said in its filing to the Delhi High Court on Dec. 21. The filing is the latest twist in the long-running dispute between Amazon and Future. Though India's antitrust bodytheir 2019 deal last week, saying Amazon had suppressed information when seeking approvals for it, the ED's probe is independent of that.

Future contends conflating the commercial agreements would effectively mean the deal violated Indian law.

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