Wednesday, November 18, 2009

It's only money

Still, as Xe, nee Blackwater International, never thought the rules applied to them, the sum of money for multiple violations is substantial.
The international security company formerly called Blackwater Worldwide is facing large government fines for unlicensed arms shipments to Iraq, as a key Congressional committee is asking for a separate investigation into whether the company bribed Iraqi officials.

In talks likely to result in millions of dollars in penalties, executives from the company, now known as Xe Services, are negotiating with government regulators over years of violations of export laws. According to government officials and former company employees, many of the violations involve arms shipments to Iraq, to outfit company security guards operating inside the country.

In addition, former company officials say that other penalties could result from violations of licensing requirements for the transfer of other forms of military technology and training expertise to foreign countries.
In addition, that horse faced stiff John Kerry has asked the State Dept. IG to see if Xe, nee Blackwater, is still fit to contract with the State Dept. Hopefully, by the time the SDIG answers, the various state and federal grand juries will have generated many, many indictments.

Comments:

Post a Comment

Subscribe to Post Comments [Atom]





<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]