Wal-Mart Spends $230 Million on Mexican Bribery Investigation

by Mark Friedman  on Monday, Jun. 10, 2013 12:00 am  

This is one of Wal-Mart’s locations in Mexico, where the company has come under scrutiny for allegedly paying more than $24 million in bribes so stores could open faster.

While an internal investigation into bribery allegations have cost Wal-Mart at least $230 million, the move was the right one, according to legal experts who follow Foreign Corrupt Practices Act enforcement.

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