• Key Energy , a Houston-based firm providing onshore energy production services , reported in a June 2014 SEC filing that it is conducting an internal investigation concerning allegations of bribery involving its Mexico-based operations .
• DOJ and the SEC are investigating bribe payments to Mexican officials used to obtain building permits for new stores . Mexican officials are also conducting their own investigation of the alleged bribery .
• The company essentially shut down any substantive internal investigation until a 2012 New York Times series exposed the bribery scheme and how it was handled by the company .
MEXICO-RELATED FCPA INVESTIGATIONS
Key Energy
• Key Energy , a Houston-based firm providing onshore energy production services , reported in a June 2014 SEC filing that it is conducting an internal investigation concerning allegations of bribery involving its Mexico-based operations .
Wal-Mart
• DOJ and the SEC are investigating bribe payments to Mexican officials used to obtain building permits for new stores . Mexican officials are also conducting their own investigation of the alleged bribery .
• The company essentially shut down any substantive internal investigation until a 2012 New York Times series exposed the bribery scheme and how it was handled by the company .