Wal-Mart Adds Compliance Role

Executive in new position will oversee global compliance with the U.S. Foreign Corrupt Practices Act.

Wal-Mart Stores Inc., the world’s largest retailer, created a new position to monitor global compliance with the Foreign Corrupt Practices Act as it investigates allegations of a bribery scandal in Mexico.

The officer will be based in the retailer’s headquarters in Bentonville, Arkansas, the company said today in a statement.

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