Wal-Mart Stores Inc. disclosed late Thursday that it had started an internal review into potential violations of a U.S. foreign bribery law.
The global retailer said in its quarterly report that it had voluntarily contacted the U.S. Department of Justice and the Securities and Exchange Commission about the investigation.
“[T]he Company has begun an internal investigation into whether certain matters, including permitting, licensing and inspections, were in compliance with the U.S. Foreign Corrupt Practices Act,” the company said.
via Wal-Mart Discloses Internal FCPA Review – Corruption Currents – WSJ.