Walmart to pay over $282 mn for violating anti-corruption regulations in 4 countries
International retail giant Walmart Thursday agreed to pay over USD 282 to various US bodies to settle charges of violating anti-corruption regulations while conducting its business in India, China, Brazil and Mexico.
"Walmart valued international growth and cost-cutting over compliance," said Charles Cain, Chief of the SEC Enforcement Division's FCPA Unit. Image source: Reuters