Anheuser-Busch Discloses India Foreign Corruption Probe by SEC

Anheuser-Busch InBev NV’s India joint venture is being investigated by the U.S. Securities and Exchange Commission for possible violations of the Foreign Corrupt Practices Act.

“We have been informed by the SEC that it is conducting an investigation into our affiliates in India, including our non-consolidated Indian joint venture, InBev Indian Int’l Private Ltd., and whether certain relationships of agents and employees were compliant with the FCPA,” the company said today in a regulatory filing. “We are investigating the conduct in question and cooperating with the SEC.”