Wal-Mart lawyers highlight 5 countries with highest bribery risk

A global review of corruption peril at the company is still underway

A day after Wal-Mart Stores Inc. received more bad news that New York City’s pension funds are targeting it in a lawsuit, the company added a positive spin to the bribery debacle.

Lawyers for Wal-Mart yesterday announced an update to the global bribery review the retailer began in late April after news broke that it may have participated in covering up rampant violations to the Foreign Corrupt Practices Act (FCPA) within its Mexican subsidiary, Wal-Mart de Mexico.

Join the Conversation

Advertisement. Closing in 15 seconds.