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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Collusion to Fix Prices of Military Oil
In December 2009, a South Korean appellate court ordered the country’s top four domestic refiners, including S-Oil Corporation, to pay the government the equivalent of approximately $168.5 million in damages for allegedly colluding to set the prices of oil products sold to the South Korean military. The fine stemmed from a lawsuit the Defense Ministry filed in 2001 alleging the price collusion occurring between 1998 and 2000.
- Misconduct Type
- Antitrust
- Enforcement Agency
- International
- Contracting Party
- International
- Court Type
- Civil
- Disposition
- Fine
- Date of Fine Announcement
- 12/30/2009
| Further Information |
Released |
