Update on Walmart Mexican bribery case

There’s been a new twist in the U.S. lawsuit over Wal-Mart’s alleged bribery in Mexico.



A federal judge has orderedmDouglas McMillon, CEO of Wal-Mart, to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the retailer, CNBC reported. McMillon was president of Wal-Mart International during a period when shareholders led by a Michigan pension fund alleged the chain concealed suspected bribery by its Wal-Mart de Mexico unit to government officials in order to accelerate store openings.



“It appears to the court that McMillon has unique knowledge of relevant issues in this litigation that only he can explain," U.S. District Judge Susan Hickey wrote.



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