WASHINGTON ― The International Oil Trading Co. (IOTC) announced May 3 it had reached an agreement with the Defense Logistics Agency–Energy (DLA) for unpaid fuel used by coalition troops during the Iraq War.

The Florida-based transportation and distribution company received $40 million for over 332 million gallons of fuel delivered to the DLA between July 2007 and August 2009. Accused of fraud in 2008, a recent Department of Defense investigation concluded “no fraud vulnerabilities were identified” in IOTC fuel contracts.

According to the settlement “IOTC satisfactorily performed [the contracts and] DLA Energy will not consider the fraud allegations raised in these appeals associated with IOTC’s past performance ... in making future contract award decisions.”

Harry Sargeant III, CEO of IOTC, said the company “is pleased to have reached an amicable resolution of these issues with DLA. We can now look forward to again providing exemplary service to DLA.

During the Iraqi conflict, IOTC received numerous awards from DLA for its delivery performance and quality. DLA contracting officer John Walker said IOTC’s “operations management team [was] fully cooperative to this mission’s needs, consistently yielding excellent performance ... [and] providing excellent service.”

Daniel Cebul is an editorial fellow and general assignments writer for Defense News, C4ISRNET, Fifth Domain and Federal Times.

Share:
In Other News
How can governments prepare for bioweapon attacks?
The tools needed to test, trace and treat both natural and intentional viral outbreaks are similar. But as future bio-attacks may be coordinated with financial, cyber or kinetic actions, the need for the military to sustain robust and dedicated capabilities to counter biothreats is paramount.
Lessons learned from the pandemic in modernizing public health systems
Agency leaders from Ventura County, California, and Winnebago, Illinois, spoke about how they transformed their technology infrastructure and processes to handle COVID-19 and how they plan to replicate and scale these changes to impact service delivery beyond pandemic-related needs.
Mission Possible: Securing remote access for classified networks
The Federal government understands the significance of remote access on meeting mission objectives now and in the future. Agency leaders are looking to the private sector for technology that helps them maintain the highest security levels while meeting the ease-of-access demands of today’s worker – and can be implemented quickly.
Load More