David Barstow of the New York Times described to Democracy Now how Wal-Mart de Mexico allegedly used massive corruption to win approvals for new stores, and how top executives at Wal-Mart’s headquarters in Bentonville, Arkansas learned about the brazen graft but covered it up.… Continue Reading
Company Involved: Ti Yung Co.
Industry: Basic Materials
Industry Subsector: Iron & Steel
Official Involved: Lin Yi-shih, ex-cabinet secretary-general
Enforcement Action: Judgement
Summary: Lin Yi-shih was sentenced to seven years and four months in prison and fined $540,000 on charges of accepting $2.13 million and soliciting another $2.81 million from Kaohsiung-based Ti Yung Co.… Continue Reading