Kuwait's Agility weighs options amid fraud charges

A Kuwaiti logistics firm facing U.S. fraud charges over food shipments to American troops said Sunday it is weighing the future of its military contracting business.

The chairman and managing director of Public Warehousing Co., Tarek Sultan, said no decision has been made for the contractor's defense and government division, but that contingency plans are in place.

"If we cannot reach a mutually agreeable settlement, then we would need to assess all strategic options for the (defense and government) business," Sultan said in an emailed statement. "For now, the situation is fluid."