Friday, November 8, 2013

FOXNews.com: US Navy informants allegedly helped Malaysian businessman bilk US government out of millions

FOXNews.com
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US Navy informants allegedly helped Malaysian businessman bilk US government out of millions
Nov 8th 2013, 16:16

Federal prosecutors say there is now evidence to prove U.S. Navy moles helped a major defense contractor bilk the U.S. government out of millions of dollars in a case that may be the most scandalous the Navy has ever seen, The Washington Post reported Friday.

According to the newspaper, at least two Navy commanders allegedly leaked inside information to Malaysian businessman Leonard Glenn Francis -- chief executive of the contractor, Glenn Defense Marine Asia, which resupplies ships and submarines across Asia.

Prosecutors claim the informants fed classified information about contracts and confidential details about law-enforcement investigations targeting Glenn Defense Marine, the newspaper reports.

Such information allowed for the company to bilk the U.S. government out of more money -- even secure more contracts with up to $200 million -- as it defended itself from the Navy's criminal investigations. 

Click for more from the Washington Post 

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