Saturday 22nd Jul 2017 - Logistics & Supply Chain

Agility reaches deal over US food contracts

Agility has reached a deal with the US government over allegations of fraud relating to the $8.6 billion food supply contracts that the company held from 2003 to 2010.

It has agreed to pay $95 million in cash to settle the civil proceedings of the case.

It has also agreed to plead to a misdemeanour in the criminal portion of the case in connection with a single invoice valued at $551.

The agreement will allow Agility to bid for new US government contracts.

Terms of the settlement are subject to final court approval.

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