Tuesday 22 June 2010

Agility Is ‘Fugitive’ in Overbilling Case, U.S. Says (Update1) - BusinessWeek


Agility, the Middle East’s largest storage and logistics company, is a “fugitive from American justice” that is trying to evade trial on charges of overbilling on military supplies, U.S. prosecutors said.

Agility, formerly known as Public Warehousing Co., was indicted in November on allegations it overcharged the U.S. government on a multibillion dollar contract to supply food for troops in Kuwait and Iraq. The Kuwait-based company said April 28 it was negotiating with the U.S. Justice Department on a possible settlement of the case.

Prosecutors said in a filing today in Atlanta federal court that Agility has “retreated to the safe haven of Kuwait” and contends it isn’t subject to U.S. laws or courts. They urged the judge not to even consider Agility’s motion to nullify the indictment on the grounds that it wasn’t properly served.

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