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Sherman A1

(38,958 posts)
Mon Jan 14, 2013, 05:16 AM Jan 2013

Reps. Pressure Wal-Mart in Bribery Case

WASHINGTON — Top executives at Wal-Mart Stores knew of bribery allegations regarding a controversial store it built in Teotihuacan, Mexico, as far back as 2005, two U.S. Representatives here said Thursday.

U.S. Reps. Elijah E. Cummings, D-Md., and Henry A. Waxman, D-Calif., said they have obtained documents including memos and email correspondence from a confidential source indicating that Mike Duke, Wal-Mart’s chief executive officer, and other senior Wal-Mart executives “were personally informed about these bribery allegations on multiple occasions,” which they said contradicted the retailer’s prior claims.

Wal-Mart according to published reports said Thursday it has already provided the same documents to federal investigators.


Read More: http://supermarketnews.com/retail-amp-financial/reps-pressure-wal-mart-bribery-case#ixzz2HwJy25UZ

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