“The security firm formerly known as Blackwater has agreed to pay a fine of $7.5 million to avoid US prosecution for smuggling arms, the Justice Department said in a statement Tuesday. The company, now known as Academi, will pay the fine in addition to a previously agreed $42 million settlement with the State Department over violations of the Arms Export Control Act. The company had also faced allegations under the Foreign Corrupt Practices Act regarding its conduct in Iraq and Sudan in relation to unlicensed training of foreign nationals and firearms violations.” [Government claws back the previous regime’s money from a fallen-out-of-favor mercenary.]
http://www.rawstory.com/rs/2012/08/07/xe-formerly-blackwater-fined-7-5-million-over-arms-case/
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