WorldCom Inc. (Washington Insider).
The General Accounting Office sidestepped a decision on a protest over a contracted awarded to the bankrupt telecommunications company See telecom company. WorldCom Inc., even though it found that the company presented "grossly inaccurate financial information" in connection with its bid.
WorldCom was awarded the Defense Research and Engineering Network The Defense Research and Engineering Network (DREN) provides long-haul communication service for the United States Department of Defense’s high performance computing (HPC) environment. Contract by the Defense Information Systems Agency in April.
In June the company acknowledged improper accounting of almost $4 billion and soon filed for bankruptcy protection. Three former executives have pleaded guilty to criminal charges in connection with the fraud and the company's former chief financial officer has been indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. , but denies wrongdoing wrong·do·er
One who does wrong, especially morally or ethically.
Losing bidders Sprint and Global Crossing protested that WorldCom was found to be a responsible contractor on the basis of false financial data.
GAO General Counsel Anthony Gamboa wrote that since the data was not included in the company's proposal, GAO has no jurisdiction. He said it is up to DISA 1. (body) DISA - Defense Information Systems Agency.
2. (standard) DISA - Data Interchange Standards Association. to decide whether to cancel the contract.