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April 26, 2012

Mexico Probes Wal-Mart Bribery Claims 
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Mexico has announced a probe of the U.S. retail giant Wal-Mart for
allegations of systematic bribery. An investigation by the New York
Times found Wal-Mart paid Mexican officials more than $24 million in
bribes to win construction permits in Mexico. The company failed to
report any of the information to law enforcement at the time. Mexico's
federal anti-corruption agency will conduct the probe, which follows a
similar investigation by the Department of Justice.

 

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