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‘No tie between lobbyists & bribery’

Wal-Mart Stores Inc hit back on Wednesday against suggestions that its lobbyists tried to scale back a US anti-bribery law while the company was aware it may have violated the law.

Updated on: Apr 27, 2012 12:23 AM IST
Reuters | By
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Wal-Mart Stores Inc hit back on Wednesday against suggestions that its lobbyists tried to scale back a US anti-bribery law while the company was aware it may have violated the law.

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The company said it “never lobbied on” possible changes to the Foreign Corrupt Practices Act, the law that makes it a crime for US companies to pay bribes overseas.

Wal-Mart played down its presence on the boards of lobbying organisations that are critical of how the anti-bribery law is enforced. Businesses have increasingly agitated against the law in recent years, saying it is vague.

“Simply because Wal-Mart is a member of an organisation does not mean we agree with every position they take,” spokesman David Tovar said.

The statement was issued as a split emerged among lawmakers on whether they should probe Wal-Mart for how it juggled the criminal and political dimensions of allegations that its Mexico unit paid bribes in violation of the law. Prosecutors are investigating the alleged bribes.

 
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