Sonntag, 16. Juni 2013

"The arrest of Amway India MD and CEO William S Pinckney and two other directors in Kozhikode, Kerala, on charges of pursuing an "unlawful business model and cheating" expectedly created a furore. Union minister for corporate affairs Sachin Pilot said he was disappointed at the way Kerala police treated the head of a "well-known company like Amway India". He said the incident would send wrong signals about the country as an investment destination (the three officials were in police custody for a day at Wayanad, a tourist hotspot in north Kerala, before a local court granted bail).
The incident has also triggered a debate on the need for a fresh look at the policy regulating the direct marketing companies, pyramid schemes, Ponzi schemes and multi-level marketing (MLM) players in India."