In 2012, Walmart was ground zero for a bribery scandal in Mexico that allegedly went back to 2005.
- Explain what Walmart was paying for Mexico that might be considered bribes.
- Explain the difference between what the FCPA classifies as a bribe vs facilitating payments.
- Discuss whether senior executives at Walmart were obliged to tell stakeholders about the bribery problem in 2005 when they discovered it.
- Explain how the FCPA rules might still apply to Walmart even though the 5-year statute of limitations had expired.
Read the NYT article that broke the story
Wal-Mart Hushed Up a Vast Mexican Bribery Case | New York Times (April 21, 2012)
Watch the Videos
Wal-Mart’s Risk in Mexico Bribe Probe | Wall Street Journal (April 23, 2012)
Wal-Mart Bribery Allegations: What Penalties Could it Face? | PBSNewsHour (April 25, 2012)
Wal-Mart Close to Resolving Bribery Probe for $300M | Bloomberg Markets and Finance (May 9, 2017)
View this final video Wal-Mart Close to Resolving Bribery Probe for $300M directly on Youtube.