Wal-Mart’s FCPA Investigation Expands to India
November 19, 2012November 19, 2012 —Wal-Mart’s joint venture with Bharti Enterprises, called Bharti Walmart, is facing its own problems with the Foreign Corrupt Practices Act (FCPA), the law that prohibits companies from paying bribes to foreign officials and requires that companies follow certain accounting practices to prevent money from being accessible for corrupt purposes. The company has asked...