DOJ Targets Wal-Mart Over Business Practices in Mexico

DOJ Targets Wal-Mart Over Business Practices in Mexico

It's been a rough few weeks for Wal-Mart. As you may or may not have heard, the retail giant hit a bump, facing a DOJ bribery probe for allegedly violating the Foreign Corrupt Practices Act while attempting to expand in Mexico. The Foreign Corrupt Practices Act, or FCPA, criminalizes bribery of foreign governments by corporations in the United States. Wal-Mart stands accused of greasing the palms of Mexican government officials to the tune of $24 million, then turning around and attempting to stymie an internal investigation into the matter. Now the Mexican federal comptroller is reviewing the permits that Wal-Mart...