Wal-Mart Creates FCPA Compliance Post

BENTONVILLE, Ark. — Wal-Mart Stores here on Tuesday said it has created a new position at the company to oversee compliance with U.S. Foreign Corrupt Practices Act.

The announcement came in the wake of allegations in a New York Times article outlining possible breaches of this law, which prohibits paying bribes to forieign officals, while the company was expanding rapidly in Mexico several

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