Kuwait bourse stops Agility share trading
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 17 November 2009STOP TRADING: Dubai bourse published a statement from Agility about its US indictment on Monday.(Getty Images)
The Kuwait bourse on Tuesday said it had halted trading in shares in Agility.
The bourse said the suspension was implemented pending clarification of a statement it had received from the company.
Earlier, the Dubai bourse published a statement from Agility about its US indictment on Monday.
A US grand jury indicted Public Warehousing Company, KSC (PWC), also known as Agility, charges of fraud and conspiracy alleging that it overcharged the US Army on $8.5bn worth of contracts to provide food to soldiers in Iraq, Kuwait and Jordan. (Reuters)
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