Sponsored Links

Walmex says bribery scandal won't hurt business

MEXICO CITY | Mon Apr 23, 2012 4:24pm EDT

MEXICO CITY (Reuters) - Wal-Mart de Mexico, or Walmex, battling bribery accusations, said in a statement on Monday it does not believe the allegations will hurt its business.

The New York Times reported this weekend that the Mexican unit of U.S. retail giant Wal-Mart Stores Inc silenced an internal investigation of hundreds of suspect payments worth more than $24 million made to grow its business in Mexico.

(Reporting By Cyntia Barrera Diaz)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.