Fox Business Network interviewed Dorsey partner Christopher G. Karagheuzoff for its daily "Happy Hour" program on the subject of a U.S. government investigation into an Iraq food service contract held by Kuwaiti food distributor Public Warehousing Co. The investigation also involves U.S. firms that supply the distributor.
Karagheuzoff emphasized the importance of implementing safeguards in certain government contracts, given the incentive for vendors to inflate prices. He also noted that such contracts may influence distributors to accept inflated prices.
The interview was broadcast by Fox Business Network, October 17, 2007.