Agility still negotiating with US on fraud charges

* username: rupertbu

Kuwaiti logistics company Agility (AGLT.KW) is negotiating with U.S. authorities to resolve an indictment accusing it of overcharging the U.S. Army $60 million on supply contracts in Iraq, Kuwait and Jordan, the company's lawyer said on Monday.

Agility, formerly Public Warehousing Co K.S.C. (PWC), was indicted by a U.S. grand jury in Atlanta in November for overcharging the U.S. Army over 41 months on $8.5 billion in contracts to provide food to soldiers in Iraq, Kuwait and Jordan.

"The company is in active negotiations and we hope this can be resolved," company lawyer Richard Deane said at an initial court hearing in Atlanta. The discussions were not conclusive, he said, and asked the court to set a briefing schedule, or a schedule of hearings to keep the judge up to date.