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US awards a $300 million fuel contract to a secretive company under investigation by Congress

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posted on Nov, 8 2010 @ 04:24 PM
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The Pentagon has awarded a fuel contract worth over $300 million to supply its Manas air base in Kyrgyzstan to a corporation that is currently under investigation by the US Congress.



The company won't disclose its ownership, but there's speculation the family of ousted Kyrgyz President Bakiyev might be involved.



“The US has in the past cut deals for the bases, and lucrative contracts go to the country involved. The CIA could be involved; there could be a lot of things going on. The investigation report apparently is going to say there are no wrongdoings. But this is a very suspicious contract, because it was single sources, there was no competition, the company has beat out more established fuel providers,” Eland told RT.



“These companies came out of nowhere and grabbed contracts that for the last several years have earned them 3 billion dollars and now an additional 350 million dollars,” said Levine. “It’s not clear who really owns them, it’s not clear who works there, who benefits from the contracts, who they are linked to. The allegations are to the former government – incidentally the same firms during the regime of Askar Akayev were linked to that family.”


From what I understand from the article, the Pentagon just awarded a multi-million dollar contract to a "secretive/unknown" company that is currently under investigation by the US congress. How do we know if this "company" is trustworthy?

Theres speculation about who owns it, but nothing concrete so far. Would you do buisness that involves millions of dollars with a company, even if you dont know who owns, works, or benefits there?



posted on Nov, 8 2010 @ 04:32 PM
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It does concern me that the company is so secret and under investigation, but 300 million is next to nothing when you look at the money the USA handles.

Goverment spending put in perspective



posted on Nov, 8 2010 @ 09:40 PM
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reply to post by Killface
 


Excellent video!

This link REALLY helps put it ALL in perspective: www.wallstats.com...



posted on Nov, 9 2010 @ 11:01 AM
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reply to post by Scalded Frog
 


Excellent link!

It really is amazing how much money goes to things the country doesn't need, ha.
edit on 9-11-2010 by Killface because: (no reason given)




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