Walmart’s Massive Bribery Scandal: What Happens Now?
April 22, 2012
Commentary by: Ben Heineman, Belfer Center senior fellow
Topic: Walmart bribery scandal
“Senior Walmart executives stopped a far-ranging investigation into pervasive bribery in Mexico, which the company engaged in so it could build stores quickly and obtain market dominance.
So alleges a lengthy, carefully reported New York Times story that is likely to set off an explosion affecting America’s eighth largest company and its top leaders, including present and past CEOs. Although facts have to be established by the authorities, this piece is a must read because it presents a detailed case that something was rotten in both Mexico City and Bentonville (Walmart’s Arkansas headquarters).”
Heineman also discussed the Walmart scandal on PRI’s “The Takeaway” on April 23, 2012.