Wal-Mart to conduct internal FCPA probe

The major retailer voluntarily began its investigation

Perhaps the late Bon Scott may have been the ideal U.S. Foreign Corrupt Practices Act (FCPA) investigator, as no single man probably ever knew more about dirty deeds and their related costs. Alas, Wal-Mart Stores Inc. will have to do without his help.

The world’s largest retailer is making headlines again this year, although this time not for massive, sex-related discrimination lawsuits. In a securities filing issued yesterday to the Securities and Exchange Commission, Wal-Mart highlighted that it has begun an internal investigation to determine whether some of its employees violated the FCPA.

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