Walmart Not Handing Over Documents For Congressional Bribery Investigation ...
The company documents "suggest that Wal-Mart may have had compliance issues relating not only to bribery, but also to 'questionable financial behavior' including tax evasion and money laundering in Mexico," says the letter.www.huffingtonpost.com
Shareholder sues Wal-Mart to get Mexico bribery documents
Indiana pension fund wants unredacted records. * Fund says redactions are "unjustified". * Says whistleblower documents confirm NYT report.in.reuters.com
Walmart, Target And Other Big Retailers Lobbied Successfully For Exemption ...
When Walmart senior executives found out that Walmart de Mexico <a href="http://www.huffingtonpost.com/2012/04/21/wal-mart-mexico-bribes_n_1442951.html" target="_hplink">had allegedly been involved in a bribery campaign </a>to open new stores, ...www.huffingtonpost.com
Target Cheaper Than Walmart In August: Bloomberg
When Walmart senior executives found out that Walmart de Mexico <a href="http://www.huffingtonpost.com/2012/04/21/wal-mart-mexico-bribes_n_1442951.html" target="_hplink">had allegedly been involved in a bribery campaign </a>to open new stores, ...www.huffingtonpost.com
Wal-Mart 2Q profit rises 5.7 pct, raises outlook
Wal-Mart said that it had incurred $34 million in expenses related to the bribery investigation, and expects to incur $35 million to $40 million in expenses during each of the remaining quarters of the year.www.google.com
Pfizer Agrees to Settle Foreign Bribery Case With US
The Justice Department and SEC are investigating allegations that Wal-Mart Stores Inc. approved as much as $24 million in bribes in Mexico. Wal-Mart disclosed the payments to the Justice Department and the SEC, according to a December 2011 regulatory ...www.businessweek.com
US lawmakers make new Walmart allegations
WASHINGTON - Two US lawmakers probing bribery allegations against Walmart in Mexico say they have documents suggesting the US retail giant may also have engaged in tax evasion and money laundering.www.google.com
Wal-Mart to add more detail in financial reports after SEC query
The letters include a reference to the "legal proceedings" section of Wal-Mart's quarterly filing, an area under close scrutiny by investors since the New York Times reported an alleged past bribery scheme in Mexico on April 21. The SEC wrote to Wal ...www.reuters.com
Walmart to bring direct farming to SA
The bribery scandal in Mexico earlier this year gave critics even more reason to oppose the company's expansion plans. Walmart's reputation was on trial even here in SA, when unions and the government tried to block its merger with local retailer Massmart.www.bizcommunity.com
Pfizer Caught Running Global Bribery Network
Pfizer and the other drug makers are not alone in the business of bribery. Retail giant Walmart was in the spotlight earlier this year following a New York Times report that said the company paid out $24 million with bribes in Mexico as a way of ...au.ibtimes.com
Corporate bribery and political corruption on display at Republican ...
Some 27 corporations and industry trade groups are known to be sponsoring the Republican convention, including the American Petroleum Institute, the American Natural Gas Alliance, Chevron, Coca-Cola, CSX, Ford, Google, Microsoft, UPS, Walmart, Wells ...www.wsws.org
Teva Pharma discloses SEC bribery investigation
Wal-Mart Stores Inc., for example, is being investigated for FCPA violations after The New York Times reported in late April that its Mexican unit allegedly paid millions of dollars in bribes to speed building permits and gain other favors. The Times ...www.sbsun.com
Walmart In New York City: Just How Desperate Is The Retail Giant To Open In ...
But following gaffes here and elsewhere and the notorious bribery incident in Mexico, the efforts have grown more difficult.www.huffingtonpost.com
Wal-Mart Q2 profit rises, international growth slows
The company is facing government probes into allegations of bribery at its Mexican unit. Wal-Mart said it spent about $34 million on third-party advisers reviewing Foreign Corrupt Practices Act matters during the second quarter.ibnlive.in.com
Proposed Denver Walmart underscores company's polarizing effect
Denis Moynihan, a Congress Park homeowner who started the website stopwalmartcolorado.com, cited a "litany of corporate malfeasance," including censorship of what magazines and CDs it carries, systemic bribery in Mexico, anti-union conduct and abuse ...www.denverpost.com
Walmart's Q2 profit up 5.7 per cent despite global slowdown
Its total revenue fell short of Wall Street estimates, and the company was deferring plans in Mexico, its largest international division, in the wake of bribery charges there. It was also scaling store growth plans back in China and Brazil to boost ...www.domain-b.com
Seven And A Half Things To Know: Facebook Hits Newest Low
If that law sounds familiar, that's because it's the one that Walmart is accused of breaking in its infamous Mexican bribery scandal. Though prosecutors have stepped up their enforcement of the FCPA, this case is one of the first involving the ...www.huffingtonpost.com
Corruption outside west raises hurdles in march of the makers
From Russia to China to Turkey and Greece and most of South America, to many Asian countries, some transactional cost may be incurred - it is called bribery in the west, in other countries it is called a transactional cost," says Kakabadse. According ...www.guardian.co.uk
'The Naked Brand' Pushes Brands to Be Good Citizens
Walmart has its own issues, including a Justice Department probe of alleged bribery on the part of its subsidiary in Mexico.adage.com
We must all model strong character to our children
So one can only imagine how the former Eagle Scout would react today to the revelations that his Walmart chain had apparently bribed local officials to open and operate stores in Mexico.www.jsonline.com
Tuesday, September 4, 2012
Walmart bribery
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