The impunity in practical monopolists

National
The Senate freezes initiative of practical predatory
The impunity in practical monopolists
Por: Carlos Damián Mayo 11, 2012
The changes would to stop the illegitimate power of the monopolies
México. - The losses of Wal-Mart (WM) in two days in the stock-exchange market overcame 26.6 percent of the revenues that obtained for their sales during the first trimester of this year, as it comes off of comparative facts starting from their financial reports. After the collapse of their actions in the Mexican stock-exchange Market of Values (BMV) when leaving to it floats the practices of corruption to expand their net of branches in the country, the value of capitalization of the transnational one diminished 8 thousand 100 million dollars among on Monday and passed Tuesday soon after that the price of its actions decreased of the 2.87 dollars in that on Friday was quoted, to 2.42 dollars to the closing of the operations of Tuesday.

The reduction of its capitalization surpasses in a thousand 706.6 million dollars the revenues for sales that WM consigned for 6 thousand 397.73 million dollars between January 1 and March 31 2012. Other comparative starting from the financial figures of the company it indicates that the reduction in their capitalization value in two days six times of duplicate the a thousand 399.73 million dollars cash with what the company closed the first trimester of the year. In only three months WM added to its stores’ chain such as ‘a Bodega Aurrera’, seven ‘Mi Bodega Aurrerá’, 32 ‘Bodega Aurrera Express’ and a Supercenter Wal - Mart, three Sam's Club, as well as a restaurant of the chain.

The corporate one generates to the czar anti-corruption
The company WM informs that it generates the former district attorney from Arkansas Tom Gean like executive in charge of that the American law is completed that prohibits to bribe officials of other countries. The transnational one gave details of the external teams that they are helping it in their investigations. The daily New York Times (NYT) it published last Saturday that an important lawyer of the company received an e-mail of a former executive of WM, in September of 2005 in the one that is described how the Mexican branch, acquaintance as Walmex (Nueva Wal Mart de Mexico, S.A. de C.V.), it paid bribes to get construction permits.

The transnational WM reached an agreement with the Department of Work to pay to its employees 4.8 million dollars, in compensation since didn't pay extraordinary time for several years. They are 4 thousand 500 the employees to those that it was taking to the twilight zone. Of course, this circumstance doesn't happen in Mexico, but the country of the bars and the stars. Here the investigations continue to depth of the PGR and Public Function in order to clarify who the officials that received bribes were for more than 24 million dollars in exchange for giving it free way to install stores where it wanted, with this attitude it survived the National Museum of Anthropology and History, National Palace and the Palace of Fine Arts.
The law of economic competition should be reformed in Mexico
The wages are paid to the agreement employees with the cash desk inspectors of the establishments, this is if they have cash to pay to the pay period if they don't have enough effective they are expected to that the till has the wage it for in that time she is paid to the worker, this tacit and contradictory agreement on time it goes against the Federal law of the Work. The skilled investigators have found that the officials don't go to the Supercenter they go when ‘Comer’ (Comercial Mexicana, S. A. de C.V.).

Tom Gean (TG), former district attorney of the western district of Arkansas, he has worked for WM from 2004. The company informed that TG assumed the position before the note of the NYT was published, but after the newspaper the one warned last year of its investigation, and it also found registrations of suspicious payments (bribes) for more than 24 million dollars. However the company all of a sudden closed the investigation without informing the authorities of Mexico and The States, until the NYT news took out the journalistic note. Deloite is countable support of Jones Day in the investigation that began in November of 2011, WM it affirmed. Cahill Gordon & Reindel officiates of external legal consultant for the audit committee, WM informed. As long as, Greenberg Traurig is the external legal signature for the revision of execution of WM that began in March of 2011, and that it reported Gean.

SFP: it investigates presumed bribes in Mexico
The Mexican government will request to the authorities of The States the delivery of information on the presumed bribes - 24 million USD - that officials of WM would have given to officials. The purpose is that the Ministry of the Public Function (SFP, In Spanish) it can “carry out the corresponding investigations". It also indicated the dependence that has begun “the verification of the permits or steps in the federal environment” it carried out the commercial chain for the opening and operation of its stores in national territory. The inquests have begun for conduit of their internal organs of control, existent in those more than 240 dependences and entities of the public administration of the country.

For this circumstance of investigation of facts it won't be able to however, to specify what kind would ministries could be involved by their activities, neither the entities where the pursuit will be made. This will be made because supposedly the information is in secret. The above-mentioned will be completed verifying the procedure that the company made in the federal environment. (La Jornada, politica, p.p. 2 - 6, April 26, 2012)