Wednesday 30 March 2011

Court ruling a setback to Kuwait's Agility | Reuters

A U.S. court ruling against Kuwaiti logistics company Agility has dealt a blow to the company's fight against charges it defrauded the U.S. Army in multibillion-dollar contracts.

Agility was the largest supplier to the U.S. Army in the Middle East during the war in Iraq and the case is politically sensitive in both Washington and Kuwait.

The court said prosecutors correctly served Agility with an indictment in 2009 when it accused the company of overcharging the Army over 41 months on $8.5 billion in supply contracts first signed at the start of the Gulf War in 2003.

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