Friday, November 23, 2012

Corruption Taint Hits Walmart in Kaangress Land

ELM pretending to be blind here.
The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of US anti-bribery laws, a development that could hamper India’s efforts to open its domestic supermarket sector to foreign investment.
Reuters: Wal-Mart India unit suspends CFO, others pending bribery probe

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