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Wal-Mart hushed up vast Mexico bribery case

this is a discussion within the Everything Else Community Forum; MEXICO CITY — In September 2005, a senior Wal-Mart lawyer received an alarming e-mail from a former executive at the company’s largest foreign subsidiary, Wal-Mart de Mexico. In the e-mail and follow-up conversations, the former executive described how Wal-Mart de ...

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Old 04-22-2012, 02:57 PM   #1
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Question Wal-Mart hushed up vast Mexico bribery case

MEXICO CITY — In September 2005, a senior Wal-Mart lawyer received an alarming e-mail from a former executive at the company’s largest foreign subsidiary, Wal-Mart de Mexico. In the e-mail and follow-up conversations, the former executive described how Wal-Mart de Mexico had orchestrated a campaign of bribery to win market dominance. In its rush to build stores, he said, the company had paid bribes to obtain permits in virtually every corner of the country.

The former executive gave names, dates and bribe amounts. He knew so much, he explained, because for years he had been the lawyer in charge of obtaining construction permits for Wal-Mart de Mexico.

Wal-Mart dispatched investigators to Mexico City, and within days they unearthed evidence of widespread bribery. They found a paper trail of hundreds of suspect payments totaling more than $24 million. They also found documents showing that Wal-Mart de Mexico’s top executives not only knew about the payments, but had taken steps to conceal them from Wal-Mart’s headquarters in Bentonville, Ark. In a confidential report to his superiors, Wal-Mart’s lead investigator, a former F.B.I. special agent, summed up their initial findings this way: “There is reasonable suspicion to believe that Mexican and USA laws have been violated.”

The lead investigator recommended that Wal-Mart expand the investigation.

Instead, an examination by The New York Times found, Wal-Mart’s leaders shut it down.

NYT: Wal-Mart hushed up Mexico bribery case - World news - The New York Times - msnbc.com

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Old 04-23-2012, 03:41 PM   #2
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Move along. Nothing to see here. Just business as usual in Mexico.

“There is reasonable suspicion to believe that Mexican and USA laws have been violated.”
And you people are surprised because of...?
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Old 04-24-2012, 11:25 AM   #3
 
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Did the Cartel get a piece of that?
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Old 04-24-2012, 04:39 PM   #4
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Bribes for expiditing permits?

Is there a US state where this doesn't happen?

I thought this was pretty common just about everywhere.

Whew!!! Good thing this bribery thing hasn't affected US politicians.
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Old 04-26-2012, 12:04 AM   #5
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Flipp'in Wal Mart.
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