Three South Korean Companies Fined $236 Million for Fraud Against USFK
More contracting fraud directed towards USFK:
Three South Korean companies have agreed to plead guilty and pay some $236 million in criminal and civil penalties for a “decade-long bid rigging conspiracy” involving contracts to supply fuel to U.S. military bases on the peninsula, the Justice Department said.
The companies — SK Energy Co. Ltd., GS Caltex Corp., and Hanjin Transportation Co. Ltd. — also agreed to pay a total of about $154 million to the United States for antitrust and false claims violations in separate civil claims, according to a statement.
The Justice Department said the criminal charges were the first to be announced in the investigation, which involved allegations that the petroleum and refinery companies and their agents conspired “to suppress and eliminate competition” during the bidding process for contracts from 2005 to 2016.
“Such a conspiracy is no less illegal for being hatched in South Korea, and as this case shows, federal law enforcement authorities can bridge the distance,” said Benjamin Glassman, U.S. attorney of the southern district of Ohio. [Stars & Stripes]
You can read more at the link, but does anyone think this is the only big rigging going on for USFK contracts?
Bcs it is too expensive to maintain military bases whole over the planet, this buried dutch, british, spanish, soviet empires and many more will come. Now your gvmnt trying to cut expenses, Trump’s team is much wiser than predecessors.