Business
Wal-Mart closed over falsely labeled pork
Xinhua, October 10, 2011
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Wal-Mart stores in Chongqing municipality are?closed for accusation of selling ordianry pork as organic pork. [CFP]
The government of Chongqing municipality has shut down ten Wal-Mart stores that have been accused of fraudulently selling ordinary pork as organic pork, according to the local administration of industry and commerce on Sunday.
The ten Wal-Mart stores and two other stores that were acquired by Wal-Mart are accused of selling 63,547 kilograms of falsely labeled pork over the past two years, which generated approximately 730,000 yuan ($114,500.82) of illegal income, said Huang Bo, director of the Chongqing Administration of Industry and Commerce.
The city has fined the stores 2.69 million yuan, Huang said, adding that Wal-Mart has been punished by the local government 21 times since 2006, when the company entered Chongqing, for exaggerated advertising and selling expired and substandard food.
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