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Judi Lynn

(160,530 posts)
Thu Jan 10, 2013, 05:24 PM Jan 2013

U.S. releases bribery emails

Source: Associated Press

U.S. releases bribery emails
Messages show Wal-Mart executives were told of payoffs in Mexico
By ANNE D'INNOCENZIO
Associated Press
Posted: 01/10/2013 12:14:21 PM PST
January 10, 2013 8:15 PM GMTUpdated: 01/10/2013 12:14:21 PM PST


NEW YORK — Lawmakers are making public emails that show that Wal-Mart Stores Inc.'s CEO found out in 2005 that the retailer was handing out bribes in Mexico.

Democratic Congressmen 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 Mike 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 emails, which the lawmakers obtained from a confidential source, contradict claims by Wal-Mart senior executives that they had no knowledge of bribes being made by the company in Mexico.

The lawmakers shared the documents with Wal-Mart on Wednesday, and sent a letter to Duke asking for a meeting to discuss them.



Read more: http://www.montereyherald.com/rss/ci_22348556?source=rss

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U.S. releases bribery emails (Original Post) Judi Lynn Jan 2013 OP
Wuck Falmart BlueNoteSpecial Jan 2013 #1
Bring down the Waltons now! My guess....they've been bribing loudsue Jan 2013 #2
Let's see if the FCPA will actually get used adieu Jan 2013 #3
They're "Too big to fail." Archae Jan 2013 #4
Isn't Darryl Issa in on the investigation?! Dont call me Shirley Jan 2013 #5
To be swept under the rug Wednesdays Jan 2013 #6
I hate to say this, but: Probably. Sick world we live in now, isn't it? nt silvershadow Jan 2013 #7
Wow, I bet they'll get a huge fine. Four, five hundred dollars even. Scuba Jan 2013 #8

loudsue

(14,087 posts)
2. Bring down the Waltons now! My guess....they've been bribing
Thu Jan 10, 2013, 05:33 PM
Jan 2013

Chinese and other foreign local officials for 20 years or more.

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