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Wal-Mart Lawyers Recommend Extending Bribery Probe

Information revealed by House lawmakers.

WASHINGTON — The two lawmakers probing bribery allegations at Wal-Mart Store Inc.’s Mexican unit said Tuesday that lawyers for Wal-Mart have identified five countries — Mexico India, Brazil, China and South Africa — as “first tier” countries where the risk of bribery is “the greatest” and recommended they all be part of the company’s internal review of its antibribery policies and operations.

 

Reps. Elijah Cummings (D., Md.) and Henry Waxman (D., Calif), the ranking members of the House Oversight and House Energy Committees, said in a letter to Wal-Mart chief executive officer and president Mike Duke that attorneys from Greenberg Traurig and Akin Gump told them in a May 21 briefing that their firms were hired by Wal-Mart to review the company’s antibribery policies in Mexico, Brazil and China and then subsequently recommended adding India and South Africa to the review.

 

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“Wal-Mart’s attorneys reported that after conducting a review of the company’s operations in these countries, Wal-Mart asked them to expand their efforts by conducting a worldwide assessment of the company’s anti-corruption policies,” the two lawmakers said in the letter to Duke.