beam suntory inc.

Beam, which is best known for its Kentucky Straight Bourbon Whiskey, didn’t admit or deny the allegations. The Illinois company traded on the New York Stock Exchange before being acquired by Japan’s Suntory Holdings Ltd. in 2014.(BLOOMBERG NEWS)

Jim Beam whiskey distributor faces bribery allegations in India

Bloomberg | By Ben Bain
UPDATED ON JUL 03, 2018 12:00 PM IST
In one alleged violation, senior managers at an international Beam unit agreed to pay an Indian official about $18,000 -- the cost of 1,000 standard whiskey bottles in the US -- to grease the approval process for a new product back in 2011
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