tool name

close
tool goes here

Walmart probe may extend to China, Brazil

Two congressmen say Walmart Stores Inc.’s probe of possible bribery in its operations in Mexico has expanded to its businesses in China and Brazil.

Published: June 13, 2012 at 12:05 a.m. PDT
0 comments

Two congressmen say Walmart Stores Inc.’s probe of possible bribery in its operations in Mexico has expanded to its businesses in China and Brazil.

Last month, the world’s largest retailer disclosed that it was expanding its probe beyond Mexico to include other countries, but it didn’t identify them. Democratic congressmen Elijah Cummings of Maryland and Henry Waxman of California say that lawyers for Walmart told them that they were hired to review anti-corruption policies and operations in Brazil and China as well as Mexico.

They say the lawyers recommended that Walmart also review its operations in India and South Africa.

An email to a Walmart spokesman was not immediately returned.

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories

  • Wal-Mart told to provide more info in bribe case

    A judge in Delaware ordered attorneys for Wal-Mart Stores Inc. to turn over more information to shareholders seeking records on how the company responded to allegations of bribery involving its operations in Mexico.

  • Wal-Mart's 1Q profit, sales disappoint

    The first few months of the year were tough for Wal-Mart Stores Inc.

  • Walmart predicts financial hit from bribery probes

    Walmart Stores Inc. said it is “probable” that the world’s largest retailer will incur a loss because of ongoing bribery investigations by itself and government agencies, but it says it is too early to speculate on the size of the damage.

  • Wal-Mart hires Hill & Knowlton executive

    Wal-Mart Stores Inc. named Dan Bartlett, most recently president and CEO of the U.S. arm of global business advisory firm Hill & Knowlton Strategies, as its new executive vice president of corporate affairs.

  • Walmart facing customer frustration

    TOO FEW EMPLOYEES Margaret Hancock has long considered the local Walmart superstore her one-stop shopping destination. No longer.