Wal-Mart Faces Bribe Reports

BENTONVILLE, Ark. — Wal-Mart Stores here last week said it has created a new position at the company to oversee compliance with U.S. Foreign Corrupt Practices Act, following allegations in an extensive New York Times article that the company breached the law during its rapid expansion in Mexico several years ago.

The FCPA prohibits bribes of foreign officials, among other practices.


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