American retailing giant, Wal-Mart has dismissed suggestions that it is involved in illegal lobbying for entering Indian market and said that it will fully cooperate with the investigations in the country.

The company said that it will provide relevant information to the Indian authorities for assisting in the judicial investigations into allegations that the company lobbied in the US regarding India’s multi-brand retail sector. A company spokesperson said that the company is ready to hand over the required information for the probe in India.

The invitations were announced after India’s main opposition party, Bharatiya Janata Party (BJP) demanded a probe into the allegations that Wal-Mart lobbied to enter the Indian market. The timing of the incidence is unfortunate for the company as the Indian policy makers just allowed foreign firms to enter the Indian market amid intense opposition from various circles.

The country’s parliament recently approved the government’s decision to allow 51 per cent FDI in multi-brand retail in the country allowing global retail giants like Wal-Mark to inter the Indian market. The government has been backing the move to allow FDI while some opposition parties took the government to a confidence vote on the issue, before the legislators voted to uphold the government’s decision.