WASHINGTON — The Navy has suspended another contractor that services and supplies Navy ships and submarines, this time for what the Navy called "questionable business integrity." The Navy announced Wednesday evening provided no details on allegations against the company, Inchcape Shipping Services Holding Ltd., whose website describes it as one of the world's leading maritime […]
Erik Prince is done working for the U.S. government, he said. He has invested millions in setting up a Frontier Resource Group, a private-equity firm that operates in more than a dozen African countries. The company raised $100 million to invest in infrastructure Africa in conjunction with Chinese companies. The firm is building an oil refinery […]
WASHINGTON — The Navy has terminated more than $200 million in contracts with the defense contractor at the center of a widening scandal involving high-ranking officers, prostitutes and bribes. The Navy ended three contracts for cause with Glenn Defense Marine Asia valued at $196 million, according to a Navy official who spoke on condition of […]
Help is on the way to areas of the Philippines devastated by Typhoon Haiyan, according to the U.S. Agency for International Development and humanitarian relief groups. USAID provides support for natural disaster preparedness and relief by working in close partnership with the Government of the Philippines, the Red Cross, NGOs, the private sector, and the U.S. […]
Iraqi Consultants and Construction Bureau (ICCB) has paid the U.S. $2.7 million to resolve allegations that it violated the False Claims Act by bribing a U.S. government official to obtain U.S. government contracts in Iraq, the Department of Justice announced. ICCB is a privately owned construction company headquartered in Baghdad, Iraq. “Bribery will not be […]
