Last week, Wal-Mart’s quarterly filing to the Securities and Exchange Commission revealed that it has started an internal investigation into possible violations of the Foreign Corrupt Practices Act.
According to a report in The New York Times, “The company said the investigation was a result of a voluntary internal review of its global anticorruption practices this year along with information ‘from other sources,’ ” and will focus on “ permitting, licensing and inspections” matters at the company.
