More charges facing prominent Iraq contractor

[unhappycamper]

More charges facing prominent Iraq contractor
By Greg Bluestein - The Associated Press
Posted : Tuesday Apr 13, 2010 8:00:49 EDT

ATLANTA — Prosecutors have expanded their case against a company that was paid billions to supply food for the U.S. military in Kuwait and Iraq by charging two of the company’s subsidiaries with inflating prices and defrauding the U.S. government.

The charges, which were unsealed Monday, target Kuwaiti logistics firm Public Warehousing Co.’s subsidiaries in Kuwait and the U.S. The parent company was charged in November with making false statements, submitting false claims and committing wire fraud.

The company, also known as Agility, has received more than $8.5 billion in food supply contracts and said it has been the military’s chief food supplier in Kuwait and Iraq since 2003. Federal prosecutors say its contract with the government is still in effect and scheduled to expire in December.

The firm, which has vowed to vigorously fight the charges in court, said in a statement Monday the decision to extend charges to its subsidiaries is “regrettable.”

“This move serves only to taint PWC subsidiaries that have a strong record of on-the-job performance and compliance with U.S. law and federal acquisition regulations,” it said. The company said that its work on the food contract has been “timely, reliable and cost effective.”


Rest of article at: http://www.airforcetimes.com/news/2010/04/ap_military_agility_041310/%20

[Frustratedlady]

1. I wonder how much could be collected from these fraudulent contractors...

from the Iraq and Afghanistan wars? Enough to subsidize these schools that are laying off teachers? Enough to enhance the HC Bill?

Speaking of...whatever happened to those people who were hiding money in Swiss bank accounts, Marianna Islands, etc.? I thought the govt. was going after them? How much have they collected in fines and taxes?

We keep hearing that these people have been found, but never hear the rest of the story. Is it for show?