Apr 26, 2012

Mexico will investigate Wal-Mart

The Columbus Dispatch: " Mexico said yesterday that it would open an investigation into allegations that the Mexican unit of Wal-Mart Stores Inc. bribed officials to expand its business in Mexico, piling pressure onto the embattled retail giant.

The federal comptroller’s office said it has begun checking the paperwork and permits Wal-Mart de Mexico, known as Walmex, obtained to open and operate its stores in Mexico.

The comptroller’s office added that it would ask U.S. authorities for information on the case in order to carry out its investigation and that the federal government would take action if wrongdoing by public officials was detected." read more

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