Walmart Statement in Response to Jan. 10 letter from Congressman Waxman and Congressman Cummings

Jan. 10, 2013 -- “There is no new information in the letter released today by Congressman Waxman and Congressman Cummings. This information has been part of the company’s ongoing investigation of potential violations of the U.S. Foreign Corrupt Practices Act for more than a year and has been the subject of two New York Times articles.

“The letter from Congressmen Waxman and Cummings leaves the wrong impression that our public statements are contradicted by the information they released today. The fact is, the chronology of events relied upon in their letter is inaccurate. The company statement referenced in their letter that appeared in the December 2012 New York Times story focused on events in 2004. The emails attached to the letter were sent almost a year later.”

“We have provided extensive documentation to the Department of Justice and the Securities and Exchange Commission, including the documents released today, as part of our ongoing cooperation with the appropriate law enforcement agencies on this matter.

“We want to provide Members of Congress with whatever appropriate information we can to help them and we have already provided committee staff with multiple briefings. We are exploring ways to make additional information available and are committed to doing whatever we can to appropriately address their requests, consistent with maintaining the integrity of the ongoing federal investigation.

“We are committed to having a strong and effective global anti-corruption program everywhere we operate and taking appropriate action for any instance of non-compliance.”