Wal-Mart bribery probe costs pile up


Wal-Mart (WMT) discloses it spent close to $439M over the last two years in connection to an investigation on possible foreign bribes.

For the fiscal year ending January 31, 2014, the company coughed up $282M in relation to the matter.

Last month, Wal-Mart projected costs of $200M-$240M for FY15 related to the probe.

SEC Form 10-K

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Comments (2)
  • chopchop0
    , contributor
    Comments (5268) | Send Message
     
    sounds like a non issue. Buying shares when that Mexican scandal broke turned out to be very nice indeed
    27 Mar 2014, 09:13 AM Reply Like
  • Blackbeard
    , contributor
    Comments (122) | Send Message
     
    Nearly half a billion dollars?
    27 Mar 2014, 09:19 AM Reply Like
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