Justice Department Investigating Blackwater on Bribery Suspicion

February 2, 2010 /EIN PRESSWIRE/ The US Justice Department has launched an investigation as to whether Blackwater Worldwide tried to bribe Iraqi officials to allow the company to continue servicing Iraq after Blackwater’s employees became involved in the fatal shooting of 17 Iraqis.

According to the New York Times, the DOJ’s fraud division is looking into whether Blackwater, now known as Xe Services, paid more than $1 million to Iraqi officials in order to remain on as a security provider in the country.

Any such payments would be in violation of the Foreign Corrupt Practices Act, which bans US Corporations from paying bribes to foreign governments and officials.

Follow this story at Military Industry Today:

Latest Blackwater Worldwide news – http://military.einnews.com/news/blackwater-worldwide
Latest Xe Services news – http://military.einnews.com/news/xe-services
Latest Private Military Companies news – http://military.einnews.com/news/private-security-company

Located at http://military.einnews.com, Military Industry Today is a service of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest military news from around the world, saving them valuable time they’d spend searching for information. New users to Military Industry Today can enjoy a no-obligation, one-week free trial.

About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.