Another good deal gone fleeting……

For those that do not know, Singapore-based Glenn Defense Marine Asia Ltd., has long had a "lock" on the business of providing husbanding services to Navy ships in Asia. It's quite a lucrative business and is also known as a good deal for retiring supply officers who might want to stay in Asia. 

Or at least it was until yesterday:

SAN DIEGO — A Navy commander, a Naval criminal investigator and a defense contractor have been charged with conspiracy in a bribery scheme to gain millions in international port contracts, federal prosecutors said.

Leonard Francis was arrested this week in San Diego, Cmdr. Michael Misiewicz was arrested in Colorado, and NCIS Supervisory Special Agent John Beliveau II was arrested in Virginia, the U.S. attorney’s office said in a statement Tuesday night. Each faces up to five years in prison if convicted of conspiracy to commit bribery.

An email seeking comment from an NCIS spokesman wasn’t immediately returned Tuesday evening.

Francis, a Malaysian national who lives in Singapore, is the president and CEO of Singapore-based Glenn Defense Marine Asia Ltd., which has had “husbanding” contracts for Navy ships at ports worldwide for 25 years. The contracts — one of which was worth up to $125 million — involve providing services for ships and submarines in port, such as providing tugboats, security and transportation, paying customs fees, supplying food, fuel and water, and removing trash.

Prosecutors contend that Francis conspired to bribe the other men with luxury travel, prostitutes and gifts in exchange for information that allowed him to overcharge on port contracts by millions of dollars.

Could this be a potential business or job opportunity for mois?

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