Tuesday, November 11, 2014
Maersk Line to pay $8.7M settlement to U.S. government
Maersk Line has agreed to pay the U.S. government $8.7 million as the result of a civil settlement regarding the firm’s failure to comply fully with its contract with the U.S. Transportation Command, or Transcom, which is headquartered at Scott Air Force Base, according to an announcement from U.S. Attorney Stephen R. Wigginton.
The global shipping giant agreed to pay the civil settlement after a Transcom investigation that showed some claims for the shipment of cargo to U.S. military outposts in Afghanistan contained suspicious signatures, including some that were proven later to be forged, according to a news release.
"One can clearly see that in contracts of this magnitude, even a small percentage of fraud amounts to significant loss of funds," Wigginton said in the statement. "By this and other ongoing investigations, I am putting these world-wide contractors on notice that my office will not tolerate any fraudulent, false or unwarranted billings to the United States and its client agencies."
Wigginton said Maersk cooperated in the investigation.
For more of the BND story: www.bnd.com
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