AP, Associated Press
Submitted by: KZ
Walmart’s Mexico Expansion Bribery Scandal
[AP] The bribery campaign was reported to have first come to the attention of senior executives at Wal-Mart in 2005, when a former executive of its largest foreign subsidiary, Wal-Mart de Mexico, provided extensive details of a bribery campaign it had orchestrated to win market dominance by fraudulently obtaining building permits.
The growth of Wallmart in Mexico has been so explosive that the country now hosts one in every five stores globally.