3 G4S officers face manslaughter charges for plane death March 20, 2014 Three G4S custody officers are facing manslaughter charges over the death of Jimmy Mubenga, who died on a plane while being deported from the UK. Colin Kaler, Terrence Hughes and Stuart Tribelnig will, the Crown Prosecution Service (CPS) confirmed, face prosecution. In July 2012, the CPS made the decision that no charges should be brought [...]
G4S agrees to tagging payout as profits slide March 12, 2014 SCANDAL-STRUCK outsourcing firm G4S could still be liable for criminal charges relating to the prisoner tagging scandal, the government said yesterday, as the firm agreed to a £108.9m settlement. “I am satisfied on the basis of PwC’s forensic audit, and having taken appropriate advice, that this represents a good deal for the taxpayer,” said justice [...]
London Report: G4S tagging woes drag FTSE down to a one-month low March 12, 2014 THE UK’S top share index fell to a one-month low yesterday, led down by G4S after the security firm agreed a settlement with the government over an offenders’ tagging scandal. G4S sank 5.3 per cent in brisk trade after agreeing to repay £108.9m to the British government after overcharging it on a contract to tag [...]
G4S to pay government £109m over tagging contracts March 12, 2014 G4S has agreed to reimburse the government £109m plus value-added tax for overcharging on the company's contract to electronically tag prisoners, according to the Ministry of Justice (MoJ). The figure is significantly higher in cash terms than the £24m that G4S offered in November. The MoJ said it would consider asking for larger amount if [...]
Troubles mount for G4S as profits slide March 12, 2014 Troubled contracter G4S has suffered a fall in profit before tax of 15 per cent or £170m, according to the company's preliminary results for the year ended 31 December 2013. This compares to a profit of £158m in 2012. Revenue grew 2.7 per cent to £7.4bn, with strong revenue growth in emerging markets of 16 [...]