ED summons Amazon, Future Group officials over 2019 deal

India`s economic crime-fighting agency summoned officials of Amazon.com Inc and its warring partner Future Group in a case related to alleged violation of foreign investment rules, according to sources with direct knowledge of the matter.

As we have just received the summons, we are examining it and will respond within the given time frame, the spokesperson said.

The Enforcement Directorate has been investigating whether there were any violations of foreign investment laws when Amazon made a $200 million investment in Future`s gift voucher unit, Future Coupons, in 2019. The deal is at the heart of ongoing legal disputes between the two firms.

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