Sunday 8 August 2010

Agility says no longer facing U.S. indictment

Kuwait's logistics firm Agility on Sunday confirmed that U.S. prosecutors have moved to dismiss fraud indictments against its subsidiary, Agility Holdings.

Agility, formerly Public Warehousing Co, K.S.C. (PWC) was dropped from supplying food to the U.S. Army in Iraq, Kuwait and Jordan after being accused of overcharging the military.

The company held contracts worth $8.5 billion spanning more than three years."

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