Wednesday, August 8, 2012

Former Security Firm Blackwater Agrees To $7.5 Million Fine

Blackwater Pays Millions In Arms Smuggling Case -- Danger Room

Depending on how you look at it, the world’s most notorious mercenary firm just got away with misleading the government about arming and training foreign governments — or the company agreed to pay millions, only to defer a potential prosecution on those charges. The firm formerly known as Blackwater has agreed to fork over $7.5 million to the Justice Department $7.5 million to avoid going to court on 17 criminal charges. It’s not exactly a bank-breaker for the company, now known as Academi LLC. Then again, the legal deal announced yesterday doesn’t get Academi entirely off the hook.

Read more
....

More News On The Former Security Firm Blackwater Agreeing To A $7.5 Million Fine

Academi/Blackwater to pay $50M in fines -- UPI
Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case -- Washington Post/AP
Blackwater Successor to Pay Fine to Settle Arms Charges -- New York Times/Reuters
Blackwater admits to facts behind 17 federal charges -- Politico
'Blackwater' to pay $50M over arms-smuggling, other charges -- USA Today
Firm formerly known as Blackwater fined $7.5 million -- CBS/AP
Blackwater to pay fine to settle arms charges -- Al Jazeera
Former security firm Blackwater settles with criminal prosecutors -- Examiner
Time for Blackwater to Change Its Name Again -- The Atlantic

No comments:

Post a Comment