Current Events > Walmart pays US government to end bribe probe

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Master_Bass 06/20/19 4:34:26 PM #1:	Walmart has agreed to pay $282 million to settle a long-running investigation into questionable payments the worlds largest retailer made to obtain government permits in countries like Mexico and Brazil. The settlement with the Department of Justice and the Securities and Exchange Commission caps one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe foreign officials. The investigation, which was conducted by the two federal agencies, came after The New York Times revealed in 2012 that Walmart had made suspicious payments to officials in Mexico and then tried to conceal them from the companys headquarters in Bentonville, Ark. The Times investigation included extensive interviews with a former Walmart executive in Mexico, who described how the company delivered envelopes of cash to officials to buy zoning approvals, reductions in environmental fees and the loyalty of neighborhood leaders. Executives at company headquarters learned of the misdeeds in 2005 but subsequently shut down an internal investigation instead of reporting potential violations to regulators. The federal investigations that followed the Times article expanded beyond Mexico to China, India and Brazil. On Thursday, the S.E.C. said that it found that Walmart failed to operate a sufficient anti-corruption compliance program for more than a decade as the retailer experienced rapid international growth. https://www.nytimes.com/2019/06/20/business/walmart-bribery-settlement.html --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:923603572] in Walmart pa... [t:77805885]...</cite> <quote><quote>Walmart has agreed to pay $282 million to settle a long-running investigation into questionable payments the worlds largest retailer made to obtain government permits in countries like Mexico and Brazil. The settlement with the Department of Justice and the Securities and Exchange Commission caps one of the biggest investigations ever under the Foreign Corrupt Practices Act, which makes it illegal for American corporations to bribe foreign officials. The investigation, which was conducted by the two federal agencies, came after The New York Times revealed in 2012 that Walmart had made suspicious payments to officials in Mexico and then tried to conceal them from the companys headquarters in Bentonville, Ark. The Times investigation included extensive interviews with a former Walmart executive in Mexico, who described how the company delivered envelopes of cash to officials to buy zoning approvals, reductions in environmental fees and the loyalty of neighborhood leaders. Executives at company headquarters learned of the misdeeds in 2005 but subsequently shut down an internal investigation instead of reporting potential violations to regulators. The federal investigations that followed the Times article expanded beyond Mexico to China, India and Brazil. On Thursday, the S.E.C. said that it found that Walmart failed to operate a sufficient anti-corruption compliance program for more than a decade as the retailer experienced rapid international growth.</quote> https://www.nytimes.com/2019/06/20/business/walmart-bribery-settlement.html</quote> ... Copied to Clipboard!
Fam_Fam 06/20/19 4:36:01 PM #2:	so they paid people off to avoid a bribery investigation thinking face <cite>Fam_Fam posted [p:923603662] in Walmart pa... [t:77805885]...</cite> <quote>so they paid people off to avoid a bribery investigation thinking face</quote> ... Copied to Clipboard!
UnfairRepresent 06/20/19 4:36:26 PM #3:	Fam_Fam posted... so they paid people off to avoid a bribery investigation --- ^ Hey now that's completely woke! https://imgtc.com/i/bHqCLJF.png https://i.imgtc.com/YnvkpvU.png <cite>UnfairRepresent posted [p:923603678] in Walmart pa... [t:77805885]...</cite> <quote><cite>Fam_Fam posted...</cite> <quote>so they paid people off to avoid a bribery investigation </quote></quote> ... Copied to Clipboard!
MC_BatCommander 06/20/19 4:37:00 PM #4:	Love it, fantastic --- The Legend is True! <cite>MC_BatCommander posted [p:923603704] in Walmart pa... [t:77805885]...</cite> <quote>Love it, fantastic</quote> ... Copied to Clipboard!
Jagr_68 06/20/19 4:38:33 PM #5:	--- New York Rangers [2004-2008] https://imgur.com/BLrKxEd https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:923603771] in Walmart pa... [t:77805885]...</cite> <quote></quote> ... Copied to Clipboard!
apocalyptic_4 06/20/19 4:41:47 PM #6:	I wish I could pay off investigators from crimes I'd be under suspicion for. --- XBL: Mrpicardbottoms <cite>apocalyptic_4 posted [p:923603917] in Walmart pa... [t:77805885]...</cite> <quote>I wish I could pay off investigators from crimes I'd be under suspicion for.</quote> ... Copied to Clipboard!
ledbowman 06/20/19 4:58:41 PM #7:	Butt-Head: Uhh, here you go. Maxi-Mart Owner: Son, are these counterfeit bills? Butt-Head: Uhh, why do you ask? Maxi-Mart Owner: Son, I've got a mind to throw you out of the store. Butt-Head: Uhh, maybe this will change your mind. Maxi-Mart Owner: I don't think you understand. I could have the cops in here to bust you! Butt-Head: Uhh, here you go. Let's just, like, forget all about it. Maxi-Mart Owner: Do I look like a moron?! Why don't you get the hell out of my store! Butt-Head: Uhh... Maybe you'd like to reconsider. Maxi-Mart Owner: GET THE HELL OUT! --- I wish we all waved <cite>ledbowman posted [p:923604687] in Walmart pa... [t:77805885]...</cite> <quote>Butt-Head: Uhh, here you go. Maxi-Mart Owner: Son, are these counterfeit bills? Butt-Head: Uhh, why do you ask? Maxi-Mart Owner: Son, I've got a mind to throw you out of the store. Butt-Head: Uhh, maybe this will change your mind. Maxi-Mart Owner: I don't think you understand. I could have the cops in here to bust you! Butt-Head: Uhh, here you go. Let's just, like, forget all about it. Maxi-Mart Owner: Do I look like a moron?! Why don't you get the hell out of my store! Butt-Head: Uhh... Maybe you'd like to reconsider. Maxi-Mart Owner: GET THE HELL OUT!</quote> ... Copied to Clipboard!
CADE FOSTER 06/20/19 4:59:56 PM #8:	Fuck walmart such a slimy company and family --- https://imgtc.com/i/HXEuaL9.jpg https://imgtc.com/i/xZ5hGDm.jpg https://imgtc.com/i/UZiqG9l.jpg https://imgtc.ws/i/gEfkzml.gif <cite>CADE FOSTER posted [p:923604748] in Walmart pa... [t:77805885]...</cite> <quote>Fuck walmart such a slimy company and family</quote> ... Copied to Clipboard!
Lordgold666 06/20/19 5:11:04 PM #9:	How tf is this legal? --- 3DS: 1848-2391-0198 "May the Father of Understanding guide us" <cite>Lordgold666 posted [p:923605242] in Walmart pa... [t:77805885]...</cite> <quote>How tf is this legal?</quote> ... Copied to Clipboard!
#10	Post #10 was unavailable or deleted.
Guide 06/20/19 5:11:42 PM #11:	America, folks. --- [break the meta] https://youtu.be/Acn5IptKWQU <cite>Guide posted [p:923605266] in Walmart pa... [t:77805885]...</cite> <quote>America, folks.</quote> ... Copied to Clipboard!
CADE FOSTER 06/20/19 5:11:51 PM #12:	Trumps crooked government takes brides --- https://imgtc.com/i/HXEuaL9.jpg https://imgtc.com/i/xZ5hGDm.jpg https://imgtc.com/i/UZiqG9l.jpg https://imgtc.ws/i/gEfkzml.gif <cite>CADE FOSTER posted [p:923605272] in Walmart pa... [t:77805885]...</cite> <quote>Trumps crooked government takes brides</quote> ... Copied to Clipboard!
tremain07 06/20/19 5:12:23 PM #13:	Lordgold666 posted... How tf is this legal? it's called money and power and Wal-mart has alot of it. Justice is for the poors --- IGN: Sun FC: 0061-0132-7564 <cite>tremain07 posted [p:923605295] in Walmart pa... [t:77805885]...</cite> <quote><cite>Lordgold666 posted...</cite> <quote>How tf is this legal?</quote> it's called money and power and Wal-mart has alot of it. Justice is for the poors</quote> ... Copied to Clipboard!
GOATSLAYER 06/20/19 5:12:25 PM #14:	Lordgold666 posted... How tf is this legal? I didnt think it is --- Hide your kids, hide your goats <cite>GOATSLAYER posted [p:923605297] in Walmart pa... [t:77805885]...</cite> <quote><cite>Lordgold666 posted...</cite> <quote>How tf is this legal?</quote> I didnt think it is</quote> ... Copied to Clipboard!
MC_BatCommander 06/20/19 5:26:32 PM #16:	Lordgold666 posted... How tf is this legal? The overwhelmingly wealthy are simply above some laws. --- The Legend is True! <cite>MC_BatCommander posted [p:923605912] in Walmart pa... [t:77805885]...</cite> <quote><cite>Lordgold666 posted...</cite> <quote>How tf is this legal?</quote> The overwhelmingly wealthy are simply above some laws.</quote> ... Copied to Clipboard!
SK8T3R215 06/20/19 5:29:36 PM #17:	Lol people never heard of settlements before? --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:923606046] in Walmart pa... [t:77805885]...</cite> <quote>Lol people never heard of settlements before?</quote> ... Copied to Clipboard!
Serious Cat 06/20/19 5:41:47 PM #18:	Fam_Fam posted... so they paid people off to avoid a bribery investigation thinking face No, the SEC determined that Walmart didn't have an adequate anti-corruption policy in place after the investigation took place. What they paid was a settlement rather than taking it to trial. --- I are Serious Cat This is serious thread <cite>Serious Cat posted [p:923606628] in Walmart pa... [t:77805885]...</cite> <quote><cite>Fam_Fam posted...</cite> <quote>so they paid people off to avoid a bribery investigation thinking face</quote> No, the SEC determined that Walmart didn't have an adequate anti-corruption policy in place after the investigation took place. What they paid was a settlement rather than taking it to trial.</quote> ... Copied to Clipboard!
NeonOctopus 06/20/19 5:42:27 PM #19:	Fam_Fam posted... so they paid people off to avoid a bribery investigation thinking face --- https://imgur.com/nlaY1qH https://imgur.com/zHJ1OCo https://i.imgtc.com/ae0qJBn.jpg https://imgur.com/1B3bMHw https://i.imgtc.com/oBtziLb.png <cite>NeonOctopus posted [p:923606664] in Walmart pa... [t:77805885]...</cite> <quote><cite>Fam_Fam posted...</cite> <quote>so they paid people off to avoid a bribery investigation thinking face</quote></quote> ... Copied to Clipboard!
spikethedevil 06/20/19 5:49:21 PM #20:	tremain07 posted... Lordgold666 posted... How tf is this legal? it's called money and power and Wal-mart has alot of it. Justice is for the poors A lot* --- A garbage pod!? It's a smegging garbage pod! <cite>spikethedevil posted [p:923606962] in Walmart pa... [t:77805885]...</cite> <quote><cite>tremain07 posted...</cite> <quote><cite>Lordgold666 posted...</cite> <quote>How tf is this legal?</quote> it's called money and power and Wal-mart has alot of it. Justice is for the poors</quote> A lot*</quote> ... Copied to Clipboard!
thronedfire2 06/20/19 5:52:20 PM #21:	Silly Walmart, you have to do your bribing in the US where we call it lobbying --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:923607091] in Walmart pa... [t:77805885]...</cite> <quote>Silly Walmart, you have to do your bribing in the US where we call it lobbying</quote> ... Copied to Clipboard!
ElatedVenusaur 06/20/19 5:52:36 PM #22:	LOL $282 million isn't even a slap on the wrist. They made $129 billion last year! <cite>ElatedVenusaur posted [p:923607105] in Walmart pa... [t:77805885]...</cite> <quote>LOL $282 million isn't even a slap on the wrist. They made $129 billion last year!</quote> ... Copied to Clipboard!
spudger 06/20/19 5:56:00 PM #23:	Guide posted... America, folks. --- -Only dead fish swim with the current http://error1355.com/ce/spudger.html <cite>spudger posted [p:923607248] in Walmart pa... [t:77805885]...</cite> <quote><cite>Guide posted...</cite> <quote>America, folks.</quote></quote> ... Copied to Clipboard!
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Current Events > Walmart pays US government to end bribe probe (+) Yeah! (+)

Current Events > Walmart pays US government to end bribe probe