Saturday, January 17, 2015

Beware Pecuniary Interest! US Navy Officers In Corruption Case

A Malaysian defense contractor pleaded guilty Thursday in a corruption scandal of epic proportions, admitting that he bribed “scores” of U.S. Navy officials with $500,000 in cash, six figures’ worth of sex from prostitutes, lavish hotel stays, spa treatments, Cuban cigars, Kobe beef, Spanish suckling pigs and an array of other luxury goods.
Leonard Glenn Francis, a businessman who charmed a generation of Navy officers while resupplying their ships in Asia, admitted in federal court in San Diego to presiding over a decade-long corruption scheme involving his Singapore-based firm, Glenn Defense Marine Asia.

The investigation has steadily escalated into the biggest corruption case in the Navy’s history, with Francis admitting that he bilked the service out of tens of millions of dollars by overcharging for food, fuel and basic services. Five current and former Navy officials have pleaded guilty so far, and prosecutors have made it clear they are targeting others.
The Navy has also stripped security clearances from two admirals, including the chief of naval intelligence, for their alleged involvement with Francis, although they have not been charged with a crime.

Known in Navy circles as “Fat Leonard” for his girth, Francis, 50, agreed to forfeit $35 million in ill-gotten proceeds and could face up to 25 years in prison. But the most severe impact may turn out to be the blow to the Navy’s reputation, given the array of evidence that so many officers were corrupted so easily by a foreign defense contractor.
It is astounding that Leonard Francis was able to purchase the integrity of Navy officials by offering them meaningless material possessions and the satisfaction of selfish indulgences,” said Laura Duffy, the U.S. attorney for the Southern District of California, whose office has led the investigation. “In sacrificing their honor, these officers helped Francis defraud their country out of tens of millions of dollars. Now they will be held to account.”

read more here

 Unlike the US attorney Laura Duffy, I'm not too sure that many of the readers of this blog will be surprised that naval officers have 'sacrificed their honour' for sex and baubles. Bribery, corruption, 'you scratch my back' etc, it's all just a regular part of the nasty system of capitalism which we hear about on a daily basis. The higher one's position the more one can grab - just make sure not to get caught out!! But it's so funny when you are!




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