Pernod Ricard's internal inquiry has discovered that high-ranking executives in its India operations were involved in illicit collaboration with alcohol retailers in New Delhi.

This revelation is based on a document examined by Reuters, which highlights serious compliance issues within the company.

Despite the investigation's findings, representatives of the French beverage giant have publicly denied any misconduct and are challenging the accusations in court.

This situation raises significant concerns about corporate governance and adherence to regulations in the alcohol industry.