NYT Takes a Deeper Look at Wal-Mart in Mexico, Bribery Charges
The New York Times, which in April first broke allegations of bribery by Wal-Mart in Mexico, takes another look at the world's largest retailer's operations south of border, part of a series on Wal-Mart's international operations.
The Times’s examination reveals that Wal-Mart de Mexico was not the reluctant victim of a corrupt culture that insisted on bribes as the cost of doing business. Nor did it pay bribes merely to speed up routine approvals. Rather, Wal-Mart de Mexico was an aggressive and creative corrupter, offering large payoffs to get what the law otherwise prohibited. It used bribes to subvert democratic governance — public votes, open debates, transparent procedures. It used bribes to circumvent regulatory safeguards that protect Mexican citizens from unsafe construction. It used bribes to outflank rivals.
In response, Wal-Mart notes that it is continuing its own internal investigation into its international operations, and notes the steps it has taken so far (including in India).
David W. Tovar, a Wal-Mart spokesman, tells the Times that, "We are committed to having a strong and effective global anticorruption program everywhere we operate and taking appropriate action for any instance of noncompliance."
The full Times report, including documents, photos and video, is available here.
Editors Picks
Whispers Blog
by Arkansas Business Staff- YRC CEO is Done Talking About That ABF Freight Takeover Offer
- More Trouble at David Henry's Plaza Towers
- Arkansas Times: Sources Say Martha Shoffner Source Is Steele Stephens
Most Read
- Mike Duke Among Top 50 Highest-Paid CEOs As Ranked by AP 12 hours ago
- Update: Intruder Arrested at Arkansas Governor's Mansion 13 hours ago
- Majestic Hotel in Hot Springs for Sale 16 hours ago
- Riggs Tractor Rolls With Rental Trend 4 days ago
- Historic Fort Smith Building to Be Renovated 16 hours ago
Mike Duke Among Top 50 Highest-Paid CEOs As Ranked by AP 




