Damning piece on Walmart bribery scandal in Mexico from @NYTimes http://ow.ly/arkym

22 Apr

It is rare to obtain this much evidence, of corruption this deep. Best snippets here, but read the full — utterly damning — piece from David Barstow:

he former executive described how Wal-Mart de Mexico had orchestrated a campaign of bribery to win market dominance. In its rush to build stores, he said, the company had paid bribes to obtain permits in virtually every corner of the country.

…..

Wal-Mart dispatched investigators to Mexico City, and within days they unearthed evidence of widespread bribery. They found a paper trail of hundreds of suspect payments totaling more than $24 million.

….

Primary responsibility for the investigation was then given to the general counsel of Wal-Mart de Mexico — a remarkable choice since the same general counsel was alleged to have authorized bribes.

The general counsel promptly exonerated his fellow Wal-Mart de Mexico executives.

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