Friday, November 13, 2015

Contractors That Defraud the Government the Most Also Spend the Most on Lobbying

A relatively small handful of federal contractors are responsible for the lion’s share of the $92 billion in fines, settlements, and court judgements assessed for defrauding taxpayers and other forms of contractor misconduct since 1995, according to a newly updated database published by the Project on Government Oversight (POGO).

An analysis by The Intercept finds that the companies responsible for the most instances of misconduct are also at the top of another list: They are among the biggest spenders on money in politics.

Boeing, an aircraft manufacturing firm that supplies the government with military equipment, has paid over $1.4 billion in penalties since 1995, according to POGO. Boeing’s misdeeds include overbilling the government on the KC-10 aerial refueling tanker, falsifying invoices, and an assortment of environmental crimes such as contaminating local waterways and spilling jet fuel. POGO has identified over 60 resolved instances of Boeing committing fraud or violating the law, topped only by Exxon Mobil, Lockheed Martin and BP.

But that doesn’t mean Boeing has fallen out of favor with lawmakers. Boeing spends a lot of money to make sure that doesn’t happen.

The other firms that top the contractor misconduct rankings and the lobbying list:

ExxonMobil has 84 resolved instances of misconduct and paid $2.8 billion in penalties since 1995. ExxonMobil is the ninth biggest spender on lobbying this year among individual firms.

Lockheed Martin has 79 resolved instances of misconduct and paid $751 million in penalties since 1995. Lockheed Martin is the seventh biggest spender on lobbying this year among individual firms.

General Electric has 59 instances of resolved misconduct and paid $638 million in penalties since 1995. GE has spent more than any other individual company on lobbying this year.

https://theintercept.com/2015/11/13/pogo-contractors-study/

POGO’s Revamped Contractor Misconduct Database
http://www.pogo.org/blog/2015/11/key-trends-revamped-contractor-misconduct-database.html

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