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Accenture to Pay $63.7M for Allegations on Kickbacks—9/12/11

Accenture will pay $63.7 million to settle whistleblower allegations that the company engaged in a large-scale kickbacks scheme involving government contracts. The lawsuit, which was brought in 2004 by two whistleblowers, accused Accenture of receiving kickbacks from IT vendors, inflating prices, and rigging bids on federal IT contracts.  The DOJ joined the lawsuit in 2007. Assistant Attorney General for the DOJ’s Civil Division stated, “[a]t a time when we’re looking for ways to reduce our public spending, it is especially important to ensure that government contractors play by the rules and don’t waste precious taxpayer dollars.”

Read more at: http://www.pcworld.com/printable/article/id,239866/printable.html

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