Bentonville, Ark. • Walmart has opened an internal investigation to determine whether its overseas operations have complied with U.S. federal law as it pertains to permitting, licensing and inspections.
The retailer offered few details about the investigation in a quarterly report filed Thursday with the Securities and Exchange Commission.
The company said that it opened the probe after reviewing policies, procedures and internal controls tied to its global anti-corruption program. It said that it is taking "appropriate remedial measures" related to compliance with the" Foreign Corrupt Practice Act.