On March 18, 2013 The Wall Street Journal reported on an Associated Press story, WSJ denies bribery in China. The FBI has been investigating what appears to be a whistleblower's allegations that the Wall Street Journal bureau in China has bribed officials there to get information for news stories. Dow Jones, which publishes the Journal, first became aware of the allegations last year and has said they are unfounded.
A spokeswoman for Dow Jones, Paula Keve, has said in a statement, "After a thorough review of our operations in China conducted by outside lawyers and auditors, we have not found any evidence of impropriety at Dow Jones. Nor has anyone taken issue with our findings." However, a law enforcement official said on Monday that despite the news organization's own findings, the inquiry by the FBI's New York office is presently open.
Angelo Young has also reported on this story for The International Business Times, Wall Street Journal Didn’t Pay Bribes In China, Says Publisher Dow Jones, As Justice Department Investigates. The newspaper’s publisher, Dow Jones & Co., has said the real reason behind a Justice Department inquiry has been that the Chinese government doesn’t like some of the news reports which have been published about it by the Wall Street Journal, which is why an anonymous informant has stepped forward to accuse the newspaper of offering officials bribes to get its stories.
These allegations deal with more than a breach of journalistic ethics. The Foreign Corrupt Practices Act, or FCPA, of 1977, prohibits companies which are headquartered in the U.S. from offering money or gifts to foreign government officials in order to gain an advantage in business in their countries. Dow Jones and their parent, New York City-based News Corp (Nasdaq:NWSA), are subject to this law.