Extra Extra

Wal-Mart de Mexico bribery case silenced by top executives

A New York Times investigation into Wal-Mart has revealed that top Wal-Mart executives may be focusing more on damage control when they should be rooting out wrongdoing.

"In 2005, after a senior Wal-Mart lawyer learned that the company’s largest foreign subsidiary, Wal-Mart de Mexico, had orchestrated a campaign of bribery to win market dominance, Wal-Mart dispatched investigators to Mexico City, and within days they unearthed evidence of widespread bribery." A lead investigator wrote of the findings: “There is reasonable suspicion to believe that Mexican and USA laws have been violated.” However, Wal-Mart's leaders shut-down the investigation. And only after the findings came out did the executives work on controlling their image, not fixing the corruption.

Log in or register to comment on this story.