facebooktwitterRSS
- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up
- Advertisement -
 

« News Home

Lawmakers release documents on Wal-Mart bribery in Mexico



Published: Fri, January 11, 2013 @ 12:00 a.m.

Associated Press

NEW YORK

Wal-Mart Stores Inc.’s CEO Mike Duke found out in 2005 that the retailer’s Mexico unit was handing out bribes to local officials, according to emails obtained by lawmakers.

The lawmakers say the emails contradict earlier claims by Wal-Mart that executives weren’t aware of bribes being made by the company.

Democratic Reps. Elijah E. Cummings and Henry A. Waxman, who are investigating bribery charges at Wal-Mart’s Mexico division, on Thursday released emails that indicate that Duke and other senior Wal-Mart officials were informed multiple times starting in 2005 about bribes being made in the country. U.S. law forbids American companies from bribing foreign officials.

The lawmakers shared the emails, which they say they got from a confidential source, with Wal-Mart on Wednesday and sent a letter to Duke asking for a meeting to discuss them.

“It would be a serious matter if the CEO of one of our nation’s largest companies failed to address allegations of a bribery scheme,” according to the letter written by Waxman and Cummings to Duke.

Brooke Buchanan, a Wal-Mart spokeswoman, said Thursday that the letter that Waxman and Cummings wrote to Duke “leaves the wrong impression that our public statements are contradicted by the information they released today.”

Allegations first surfaced in April that Wal-Mart failed to notify law enforcement that company officials authorized millions of dollars in bribes in Mexico to speed up getting building permits and gain other favors. Wal-Mart has been working with government officials in the U.S. and Mexico on that investigation.


Comments

1TB(1167 comments)posted 1 year, 7 months ago

Business as usual. I suppose this is why they can't provide security in their parking lots, employee health care, or open more thqn three registers at a time.

Suggest removal:

2Photoman(1000 comments)posted 1 year, 7 months ago

Bribery remains a cost of doing business throughout Mexico and becomes excessive for those business persons who travel and do business back and forth across the border on a routine basis.

Suggest removal:


News
Opinion
Entertainment
Sports
Marketplace
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2014 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes | Pittsburgh International Airport