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	<title>thekeeling.com &#187; Dubai Ports</title>
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	<description>From the Desk of Julian A. Keeling</description>
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		<title>AGILITY IN ALL SORTS OF TROUBLE</title>
		<link>http://thekeeling.com/archives/653</link>
		<comments>http://thekeeling.com/archives/653#comments</comments>
		<pubDate>Fri, 27 Nov 2009 17:24:32 +0000</pubDate>
		<dc:creator>julian</dc:creator>
				<category><![CDATA[Export]]></category>
		<category><![CDATA[Agility]]></category>
		<category><![CDATA[Bill Simon]]></category>
		<category><![CDATA[Dubai Ports]]></category>
		<category><![CDATA[GEO Logistics]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Peter Lamy]]></category>

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		<description><![CDATA[Starting in 1989, when Profit Freight Systems became Profit/Lep, then Lep Profit, then just plain Lep and to the nineties to be “morphed” into a renamed GEO Logistics and finally Agility, one common thread has finally exposed itself for the world to see; for the last twenty years this company has been rotten to the [...]]]></description>
			<content:encoded><![CDATA[<p>Starting in 1989, when Profit Freight Systems became Profit/Lep, then Lep Profit, then just plain Lep and to the nineties to be “morphed” into a renamed GEO Logistics and finally Agility, one common thread has finally exposed itself for the world to see; for the last twenty years this company has been rotten to the core. I personally had the misfortune to be a partner of theirs in three of the first versions for four years but I hold no grudges. I claim it was the best apprenticeship training I have ever undergone. Basically my years with this morally bankrupt company taught me it is all about what not to do in business and so far this has held me in good stead in the seventeen years since branching out on my own with Peter Lamy.</p>
<p>In the eighties, Lep in whatever country it operated out of, was raped and pillaged from the top echelons, just as the senior executives of Profit Freight Systems narcissistically plundered their company and nailed it to the wall. Enter Bill Simon (a former Treasury Secretary under President Ford) in the nineties and this guy and his son took a bath when they acquired Lep to rename it Geo Logistics. It can be likened to baby lambs being led to the slaughterhouse. Here was a former high powered Wall Street icon of the seventies getting beaten up at every turn. Along came a company PWC (Public Warehouse Company) of Kuwait armed with tens of $millions of “dirty” Arab money and wrote a check out to Bill Simon junior to get him out from under. PWC since 2003 (they changed their name to Agility is 2005) has been ripping of the Defense Department while handling the logistics contracts out of Kuwait and Jordan into Iraq, including procuring ad hoc supplies, as well as meals for the troops. Their receipts to date from the Defense Department exceed $8.5 billion and it took a whistleblower in the form of a disaffected former PWC partner to awaken the Department of Justice into action. The story is pretty sordid, with bribery and corruption used as the basis to fleece America for not just $millions but $billions of overcharges. In a way, the story is not new; it is a continuation of how Cheney’s Halliburton has been making its money over the last fifteen odd years. Only now they now have a partner in crime!</p>
<p>We can easily understand why America would not allow Dubai Ports to acquire the American business of P &amp; O a couple of years back. The Middle East since time in memorial has been a region where business and ethics share little in common. By western standards, very few marriages have been made in heaven where Arabs and Infidels have diligently worked together with mutual integrity. What makes the Agility deal so appalling is the global headquarters for the company is in Irvine, Southern California, not Kuwait and all the Pentagon deals have been signed either in Washington or Irvine. For my money, the sad and sorry twenty history of the American side of Agility, with its disgusting practices carried out by people with little or no conscience, when that is combined with the murky world of Arab culture (who in the main have never known the difference between a truth and a lie) what do you end up with? A Department of Justice prosecutor who will if need be pursue Agility into bankruptcy to seek the return of taxpayer money stolen by the $billions from under its very eyes for the last seven years. To Mr Mustafea Al-Sultan, the whistleblower; mate, I know your deal was not about doing the right thing, but was simply an act of revenge. If your partner had kept to his deal of sharing the ill-gotten gains with you, you would still be a happy man. Because he screwed you, you had to in turn screw him. As for the “Mahogany Row” at Agility headquarters, I am just a little miffed that some of the dirt bags who have since moved on/retired probably will escape prosecution. It would have been poetic justice to see their hands being held to the fire!</p>
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