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Washington Notebook: Walmart audit turns up possible corruption overseas

Tuesday, November 27, 2012

Walmart disclosed earlier this month that a lengthy internal investigation into bribery at its Mexico subsidiary had widened to include operations in Brazil, China and India. Bribery of foreign officials to gain preferential business treatment is against the law under the Foreign Corrupt Practices Act (FCPA). The New York Times reported earlier this year that Walmart had uncovered evidence during an audit that officials in Mexico had bribed officials to expe...

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