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January 13th, 2009

Lloyds, one of the most storied names in banking history, which since 1995 has been formally known as Lloyds TSB Group, has agreed to pay $350 million to the United States and to New York County for violations of the International Emergency Economic Powers Act (IEEPA).

According to the Department of Justice, beginning in 1995 and continuing until the beginning of 2007, Lloyds, "in both the United Kingdom and Dubai, falsified outgoing U.S. wire transfers that involved countries or persons on U.S. sanctions lists." Specifically, according to court documents cited by the DoJ, Lloyds deliberately removed such information as customer and bank names from payment messages, "so that the wire transfers would pass undetected through filters at U.S. financial institutions."

According to the DoJ, "this process of 'repairing' or 'stripping,' as Lloyds commonly referred to it, allowed more than $350 million in transactions to be processed by U.S. correspondent banks used by Lloyds that might have otherwise been blocked or rejected due to sanctions regulations or for internal bank policy reasons." According to the DoJ, the "criminal conduct by Lloyds was designed to evade, and to assist its customers in evading, U.S. economic sanctions imposed against Iran, Sudan and other countries."
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October 31st, 2008

A New York company has pled guilty in a bribery scheme involving the Intrepid aircraft carrier, one of the preeminent public symbols of American military might and national security, and a long-time tourist attraction on Manhattan’s west side.
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October 24th, 2008

Rockville, MD-based RedXDefense, LLC has received the 2008 North American Explosives Detection Product Differentiation of the Year award from Frost & Sullivan, the company known for its technology and economic analysts and consultants. The award singles out RedXDefense’s XPAK, a portable explosives detection system.
Hirsch and SCM pact for PACT and more

October 17th, 2008

The Cooperative Purchasing Program (CPP), recently expanded by the U.S. General Services Administration (GSA), gives state and local governments a new way to buy supplies and services to prepare for and respond to emergencies. The CPP allows state and local agencies to buy law enforcement, security and first responder goods and services off a GSA contract known as Schedule 84.
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October 3rd, 2008

The secretariat for The Infrastructure Security Partnership (TISP) has transferred from the American Society of Civil Engineers to the Society of American Military Engineers (SAME). The decision was characterized by the three groups as an “effort to support their parallel missions to improve the nation’s homeland security and disaster preparedness.” A “secretariat” is generally defined as the clerical or administrative staff of an organization. As TISP’s secretariat, SAME will provide logistical support to the organization, according to a statement, which also noted that, “however, TISP will retain its own identity, branding and mission.”

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September 24th, 2008

The Nuclear Regulatory Commission (NRC) has tossed out a petition submitted by two nonprofit government-oversight groups that would have required the nation’s nuclear power plants to demonstrate periodically that they’re prepared to withstand severe forms of radiological sabotage inflicted on their facilities by terrorists.

September 23rd, 2008

Honeywell International has introduced a new ammonium-
nitrate-based agricultural fertilizer that can help cabbage, tomatoes, strawberries and oranges grow, but does not detonate when mixed with fuel oil.

September 19th, 2008

As delegates were arriving last month at the Hyatt Regency Hotel in Denver to attend the Democratic Party’s national convention in the nearby convention center, Hyatt personnel and employees of GE Security were undertaking the precedent-setting task of swabbing the delegates’ luggage and automobiles for any tell-tale traces of explosives.

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