WorldCom contract triggers outrage
Something smell fishy to you?
The Pentagon made an interesting choice when it hired a U.S. company to build a small wireless phone network in Iraq: MCI, aka WorldCom, perpetrator of the biggest accounting fraud in American business and not exactly a big name in cellular service.
The Iraqi contract incensed WorldCom rivals and government watchdogs who say Washington has been too kind to the company since WorldCom revealed its $11 billion accounting fraud and plunged into bankruptcy last year.
"We don't understand why MCI would be awarded this business, given its status as having committed the largest corporate fraud in history," said AT&T Corp. spokesman Jim McGann. - Snipped from here.
May 23, 2003
Posted by maru at 5/23/2003 03:16:00 PM
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