Walmart Pleads Guilty After a Decade of Bribes

Inside Walmart’s corporate offices in Brazil, one local contact was known as the “sorceress” for the ability to obtain government permits quickly. And in Mexico, cars and computers were donated to governments in communities where Walmart was planning to build new stores. For more than a decade, Walmart used middlemen to make dubious payments to governments around the globe in order to open new locations, United States prosecutors and securities regulators said in a settlement agreement on Thursday.

Source: www.nytimes.com