Friday, December 24, 2021

"Private Military Landlord Pleads Guilty, Must Pay $65 Million for Defrauding Air Force, Other Services"

Air Force Magazine:

Balfour Beatty Communities maintained two sets of maintenance records at some bases—one detailing issues of mold, asbestos, and leaks that were not promptly fixed; and another set of falsified accounts of quick repairs that allowed the company to collect bonuses from the Pentagon.


It is not the first time that Balfour Beatty has been censured for defence-related work. In the UK in 2019 MI6 sacked the company as a contractor during refurbishment work after it lost sensitive plans of the layout of its headquarters in London’s Vauxhal


The fines are more than Balfour Beatty’s entire profit before tax for 2020 of £48m, although they are only a small proportion of revenues of £8.6bn during that year.