Exec Admits To Bribing Corps Director For $1B In Contracts

Law360, New York (March 13, 2012, 7:17 PM EDT) -- A former Eyak Technology LLC executive pled guilty Tuesday in Washington federal court to bribery and kickbacks charges in a case involving more than $1 billion worth of U.S. Army Corps of Engineers information technology contracts.

Harold F. Babb, who was the director of contracts at Alaska Native-owned corporation EyakTek, pled guilty to participating in a scheme through which he and his co-conspirators at the Corps received $20 million in bribes and kickbacks to funnel business to Nova Datacom LLC under the Corps' $1 billion technology...
To view the full article, register now.

Related

Sections

Case Information

Case Title

USA v. KHAN et al


Case Number

1:11-cr-00276

Court

District Of Columbia

Nature of Suit

Date Filed

September 16, 2011

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.