Three Army Reserve officers were indicted Wednesday for taking part in a bid-rigging scam that steered millions of dollars for Iraq reconstruction to a contractor in exchange for bribes. A U.S. businessman in Romania was charged as the go-between, and the husband of one of the reservists was accused of helping smuggle tens of thousands of dollars into the U.S. Together, the five used the $26 billion Iraqi rebuilding fund “as their own personal ATM machines,” Deputy Attorney General Paul McNulty said.
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Posted on Thursday, February 8th, 2007. Filed under: Business Law, Law Misc
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