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U.S. lawmakers accuse Walmart of tax evasion and money laundering
Republished from rawstory.com
By Agence France-Presse
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By Agence France-PresseWednesday, August 15, 2012 17:38 EDT WASHINGTON - Two US lawmakers probing bribery allegations against Walmart in Mexico say they have documents suggesting the US retail giant may also have engaged in tax evasion and money laundering.

The congressmen, Elijah Cummings and Henry Waxman, made their claim in a letter to Walmart Chief Executive Michael Duke dated Tuesday, urging him to respond to requests for information about allegations that the company violated the Foreign Corrupt Practices Act.

“We have obtained internal company documents, including internal audit reports, from other sources suggesting that Walmart may have had compliance issues relating not only to bribery, but also to ‘questionable financial behavior’ including tax evasion and money laundering in Mexico,” said the letter, dated Tuesday.
Republished from rawstory.com >>
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