Defense Contractors Return $200 Million in Self-Reported Waste to U.S. Government
- Money returned since 2008 under Contractor Disclosure Program
- Pentagon inspector general gives first-time tally of funds
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Defense contractors have returned more than $200 million to the U.S. in the decade since it became mandatory to self-report potential fraud, waste or abuse, according to a new tally by the department’s inspector general.
Until late 2008 the Defense Department had a voluntary program for contractors to disclose potential violations. Then lawmakers made timely disclosure mandatory at the risk of potential suspension or disbarment when there’s credible evidence of a criminal violation.