US court hearing for Agility on Jan 29
The US court hearing for Kuwait-based logistics company Agility…
January 11, 2010 4:21 by kippreport
The US court hearing for Kuwait-based logistics company Agility has been rescheduled for January 29, the company’s spokesperson told Reuters on Monday. In November last year, the firm was accused of overcharging the US Department of Defense on $8.5 billion worth of food contracts.
Agility said late last month that it was in negotiations with the US government to resolve the case out of the court. According to Reuters, if found guilty, Agility will face a fine of up to “twice the gain it realized or twice the loss to the US.”
More on GCC
-
Saudi government websites targeted
-
NCoV – First report of patient-to-nurse spread
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
GMR reveals top 50 Mena Corporate Brands
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
-
Abu Dhabi says financial zone will bridge a gap
-
Five dead from new SARS-like virus in Saudi
