Kuwaiti logistics firm denies allegations of conspiracy and fraud
Kuwaiti logistics company Agility is scheduled to appear in a US court later this month over allegations that it overcharged the US Department of Defense on $8.5bn worth of contracts.
The company was indicted on 16 November 2009 under its previous name, the Public Warehousing Company (PWC), in an Atlanta court on multiple charges of conspiracy and fraud.
Agility had been due to appear in court on 8 January, after the date was rescheduled from 22 December. But the date has now been delayed again, until the end of the month.
“The court hearing has been rescheduled for 29 January,” says an Agility spokesman.
Agility denies the allegations, which concern its contracts to supply food to the US military in Kuwait, Jordan and Iraq.
“The prices it [Agility] charges have been negotiated with, agreed to, and continually approved by the US government since then,” says the spokesman. “The government has consistently found PWC’s prices to be fair and reasonable.”
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