Multi-Industry Chief Compliance and Ethics Officers

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  Wal-Mart urges worker integrity amid bribery probeMay 31, 2012 4:18 PMSCCE Social Media Manager
  RE:Wal-Mart urges worker integrity amid bribery probeMay 31, 2012 4:31 PMJoseph Murphy
 

1.
Wal-Mart urges worker integrity amid bribery probe
From: SCCE Social Media Manager
To: Multi-Industry Chief Compliance and Ethics Officers
Posted: May 31, 2012 4:18 PM
Subject: Wal-Mart urges worker integrity amid bribery probe
Message:
This message has been cross posted to the following eGroups: FCPA: Foreign Corrupt Practices Act Forum and Multi-Industry Chief Compliance and Ethics Officers .
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Source: Reuters

  • Wal-Mart international executives cheer on employees
  • Talk of Mexico bribery scandal largely avoided

By Jessica Wohl

FAYETTEVILLE, Ark., May 30 (Reuters) - Top executives of Wal-Mart Stores Inc did not directly mention a Mexican bribery scandal at an employee pep rally on Wednesday, but asked their international workers to focus on "integrity" as a core value.

The world's largest retailer has been under fire from shareholders and activists after the New York Times reported in April that management at Wal-Mart de Mexico, or Walmex, allegedly orchestrated bribes of $24 million to help it grow quickly last decade and that Wal-Mart's top brass tried to cover it up.

Chief Executive Mike Duke was among the senior Wal-Mart executives allegedly aware of the situation, according to the Times. He is now a main target of disgruntled shareholders, who would like to see him and others removed from the board.

Wal-Mart has repeatedly said that it would not comment on the specific allegations until investigations are completed.

Executives on Wednesday sidestepped specific mention of the allegations in Mexico, the company's first and largest international market. They referenced integrity as one of the core values at a company where employees cannot even accept a free cup of coffee from a vendor. They also underscored the importance of complying with local laws and told employees to report any possible wrongdoing.

more:
http://www.trust.org/trustlaw/news/wal-mart-urges-worker-integrity-amid-bribery-probe

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Thank you,

Eric Newman, Esq., CCEP
Social Media Manager
HCCA/SCCE
eric.newman@corporatecompliance.org
(952) 405-7938
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2.
RE:Wal-Mart urges worker integrity amid bribery probe
From: Joseph Murphy
To: Multi-Industry Chief Compliance and Ethics Officers
Posted: May 31, 2012 4:31 PM
Subject: RE:Wal-Mart urges worker integrity amid bribery probe
Message:
Wow, this is so typical.  The big guys get in trouble and the little guys get ethics training.  The workers cannot accept coffee from a supplier, but the bosses can pay millions in bribes.  So, for the company to put on a good face, I predict the workers, who did nothing wrong, will have even more ethics training and inane rules. These guys need a no-nonsense chief ethics and compliance officer with direct access to the board, and no one in management with the ability to muzzle him/her.  Someone needs to focus on the wrongdoing at the top, and spend less time irritating the workers who are not causing the problems.   

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Joe Murphy CCEP
Of Counsel CSLG
HaddonfieldNJ
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