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Wal-Mart Not Alone in Late Disclosure of Bribe Probe

When Tyson Foods Inc. and Wal-Mart Stores Inc. received internal reports that employees may have paid bribes in Mexico, each faced the same vexing question: should they turn themselves in to U.S. authorities?

Tyson, the biggest U.S. food processor, avoided prosecution by paying $5.2 million and admitting it made improper payments to government-employed inspectors. Wal-Mart, the world’s largest retailer, began an internal probe in 2005, shut it down and didn’t disclose the matter to regulators and prosecutors until late last year, after learning the New York Times was investigating, the paper said.