Singapore firm Glenn Defense Marine Asia Ltd barred from U.S. contracts over bribery case

Reuters, 21 Oct 2013
A Singapore-based company involved in a U.S. Navy bribery scandal has been barred from doing business with the federal government and has had nine Navy contracts worth $205 million terminated for cause, a Navy official said on Monday.
Glenn Defense Marine Asia Ltd and its chief executive, Leonard Glenn Francis, were barred on September 19 from contracting with the U.S. government and from receiving benefits of federal assistance programs, the official said on condition of anonymity.
The Navy suspension came in response to a criminal complaint in the U.S. District Court in southern California in September that accused Francis of bribing government employees in exchange for confidential information related to Navy contracts. Full story

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