Amazon tried to browbeat CCI, says Future Retail
Amazon tried to browbeat CCI, says Future Retail
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Amazon tried to browbeat CCI, says Future Retail
Amazon has written to Future Retail Ltd's (FRL) independent directors alleging financial irregularities including "Significant Related Party Transactions" with various Future Group entities.
The independent directors of Future Retail have swung into action, targeting Amazon over a 2019 deal, and complicating an already convoluted situation
Amazon claims that significant amounts may have been diverted from Future Retail, and that partial recovery from $1.5 Bn will help Future.
Here's a round-up of all the recent updates on the Amazon vs Future Group case since the Singapore abritration tribuna's order.