Wal-Mart Suspends Some Indian Workers Amid Bribery Probe
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Wal-Mart Stores Inc., the world’s largest retailer, said some workers at its joint venture in India have been suspended, as it conducts inquiries into potential violations of U.S. anti-bribery laws.
The retailer is conducting a “complete and thorough investigation,” it said in an e-mailed statement today. The Indian venture, Bharti Walmart Pvt., has suspended planned store openings until the probe is completed, the Economic Times reported today, citing two unidentified people.