BREAKING NEWS

Mexico starts investigation in Wal-Mart bribery case

By REUTERS

APRIL 26, 2012 08:54

MEXICO CITY - An "indignant" Mexico said on Wednesday it has launched an investigation into allegations that the Mexican unit of Wal-Mart Stores Inc bribed officials to expand its business there, opening a new front to a widening probe of the world's largest retailer.

The Mexican federal comptroller's office said it had begun checking the federal paperwork and permits that Wal-Mart de Mexico, known as Walmex, obtained to open and operate its stores in Mexico.

Mexican President Felipe Calderon rounded on Wal-Mart during a speech in Houston, Texas, on Wednesday.

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