FPSA lawmakers accuse Wal-Mart of tax evasion and money laundering!
WASHINGTON (PNN) - August 15, 2012 - Two Fascist Police States of Amerika lawmakers probing bribery allegations against Wal-Mart in Mexico say they have documents suggesting the 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 Wal-Mart 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 Wal-Mart 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.
Cummings and Waxman gave Wal-Mart until August 28 to answer their call for documents and briefings.
The FPSA congressional investigation is running in parallel to inquiries from the Amerikan Gestapo Department of InJustice division, the Securities and Exchange Commission, and the Mexican government.
The scandal broke after The New York Times reported in April that the retail giant’s largest non-FPSA subsidiary made illicit payments to win market dominance and then tried to conceal them.
During Wal-Mart’s rapid expansion of its Mexico operations in the early 2000s, the company allegedly shelled out $24 million in bribes to Mexican officials, according to the newspaper.
Speaking to shareholders in June, Wal-Mart chairman Robson Walton vowed the retailer would not tolerate corrupt acts, promising “a thorough and comprehensive inquiry” into the Mexico accusations, and said the company was cooperating with government investigators.
