US court postpones Agility case
Kuwait, December 24, 2009
Kuwait's Agility, accused of overcharging the US Army by $60 million, said its court case in the US is being rescheduled and a date and time will be announced soon, a US-based spokesman for the logistics firm said.
'This is being rescheduled and we anticipate the court will advise on date and time soon,' the spokesman said in an emailed statement to Reuters.
Agility is accused of overcharging the US Army over a 41-month period, on $8.5 billion worth of contracts to provide food to soldiers in Iraq, Kuwait and Jordan.
It was indicted in November under its previous name, Public Warehousing Company, (PWC) by a US grand jury in Atlanta. Agility later said it had been suspended, but not debarred, from new US government contracts pending the outcome of the indictment.
On Monday Agility said that US defence contractor DynCorp International had dropped its US unit as a subcontractor, breaching contractual terms. The firm's shares were down 1.6 per cent at 0.63 Kuwaiti dinars at 0837 GMT.-Reuters