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Tuesday, Jul 22nd

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You are here News Of Special Interest Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case

Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case

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Blackwater finedThe international security contractor formerly known as Blackwater has agreed to pay a $7.5 million fine to settle federal criminal charges related to arms smuggling and other crimes.

Documents unsealed Tuesday in a U.S. District Court in North Carolina said the company, now called Academi LLC, agreed to pay the fine as part of a deferred prosecution agreement to settle 17 violations.

The list of violations includes possessing automatic weapons in the United States without registration, lying to federal firearms regulators about weapons provided to the king of Jordan, passing secret plans for armored personnel carriers to Sweden and Denmark without U.S. government approval and illegally shipping body armor overseas.

Federal prosecutors and law enforcement agents said the company, which has held billions in U.S. security contracts in Iraq and Afghanistan, repeatedly flouted U.S. laws.

“Compliance with these laws is critical to the proper conduct of our defense efforts and to international diplomatic relations,” said Thomas G. Walker, the U.S. Attorney for the Eastern District of North Carolina. “This prosecution is an important step to ensuring that our corporate citizens comply with these rules in every circumstance.”

TVNL Comment:  Blackwater received BILLIONS in government contracts and repeatedly broke the law.  We're talking CRIMES, here.  Why is no one being prosecuted?  Why can corporations continue to settle with a fine that amounts to lunch money for the criminals involved?  Just asking...

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