* Maersk to Pay $32m for Overbilling
January 8th, 2012 07:53 am · Posted in NEWS: Dinar Currency & World Currency News
Maersk Line Limited, part of the Danish shipping and oil group A.P. Moller-Maersk, has agreed to pay $31.9 million to settle claims that it overcharged the U.S. military for transporting cargo to support American troops in Afghanistan and Iraq.
The settlement resolves a whistleblower lawsuit filed by a former industry insider. The individual, Jerry Brown, will receive $3.6 million as his share of the settlement, according to the Justice Department.
Maersk blamed the mistakes in part on operating in war-time conditions that led to inaccuracies in documentation such as invoices and also that sometimes information was only partially reported or delayed.
The * Maersk to Pay $32m for Overbilling by Dinar Daddy's Tidbits, unless otherwise expressly stated, is licensed under a Creative Commons Attribution-ShareAlike 3.0 Unported License.
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