House Democrats Gearing Up For Wal-Mart Report On Mexico

by Talk Business & Politics staff ([email protected]) 84 views 

The Congressional investigation regarding Wal-Mart's Mexican business practices is heating up.

After four months of investigating alleged bribery charges and violations of the Foreign Corrupt Practices Act, House Democrats could soon release a report with their initial findings.

Peter Urban with Stephens Media's Washington Bureau reports:

Reps. Elijah Cummings, D-Md., and Henry Waxman, D-Calif., launched their investigation in April after a New York Times report raised serious questions about potential violations of the law as Wal-Mart sought to expand its operations in Mexico.

Cummings and Waxman sent a letter Tuesday to Wal-Mart CEO Michael Duke giving the company “a final opportunity to respond” before they publish the findings of their investigation.

“Although you have stated on m

ultiple occasions that you intend to cooperate with our investigation, you have failed to provide the documents we requested, and you continue to deny us access to key witnesses,” the Democrats wrote.

Waxman and Cummings have written Duke four times since April seeking information on allegations that top Wal-Mart executives covered up actions by company officials in Mexico that may have violated the Foreign Corrupt Practices Act.

Cummings is ranking member of the House Oversight and Government Reform Committee. Waxman is ranking member of the House Energy and Commerce Committee.

Read more on the subject here.

zp8497586rq