{"id":646674,"date":"2017-06-20T04:19:48","date_gmt":"2017-06-20T04:19:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/"},"modified":"2017-06-20T04:19:48","modified_gmt":"2017-06-20T04:19:48","slug":"hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/","title":{"rendered":"Hassan Allam to pay USD 1.1 mn settlement in dispute with US companies"},"content":{"rendered":"<p>Construction firm Hassan Allam has agreed to pay a USD 1.1 mn settlement to the US government after being accused of allegedly violating the US False Claims and Foreign Assistance acts, <a href=\"http:\/\/www.federaltimes.com\/articles\/egyptian-construction-company-resolves-usaid-false-claims-charge-with-11m-settlement\">Federal Times reports<\/a>. The settlement comes after the US government pursued legal action against Washington Group International, Contrack International and Hassan Allam related to a joint venture they had formed in the 1990s to pursue USAID-funded water and wastewater projects in Egypt. Hassan Allam was allegedly \u201cineligible to participate in the joint venture but its participation was concealed, allowing the partnership to receive contracts to which they were not entitled,\u201d the website claims. Contrack and Washington Group have already settled in the case, which was brought by \u201cthe Civil Division\u2019s Commercial Litigation Branch, the U.S. Attorney\u2019s Office for the District of Idaho and the USAID Office of Inspector General.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction firm Hassan Allam has agreed to pay a USD 1.1 mn settlement to the US government after being accused of allegedly violating the US False Claims and Foreign Assistance acts, Federal Times reports. The settlement comes after the US government pursued legal action against Washington Group International, Contrack International and Hassan Allam related to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646674","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"f91570ee-b100-47bf-a204-ce7feb4c78c8","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646636],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hassan Allam to pay USD 1.1 mn settlement in dispute with US companies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hassan Allam to pay USD 1.1 mn settlement in dispute with US companies\" \/>\n<meta property=\"og:description\" content=\"Construction firm Hassan Allam has agreed to pay a USD 1.1 mn settlement to the US government after being accused of allegedly violating the US False Claims and Foreign Assistance acts, Federal Times reports. The settlement comes after the US government pursued legal action against Washington Group International, Contrack International and Hassan Allam related to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-20T04:19:48+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Hassan Allam to pay USD 1.1 mn settlement in dispute with US companies\",\"datePublished\":\"2017-06-20T04:19:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\"},\"wordCount\":154,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/hassan-allam-to-pay-usd-1-1-mn-settlement-in-dispute-with-us-companies\/\",\"name\":\"Hassan Allam to pay USD 1.1 mn settlement in dispute with US companies - 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The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550303,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/hassan-allam-oih-both-look-to-spend-big-for-a-foothold-in-regional-renewables\/","url_meta":{"origin":646674,"position":2},"title":"Hassan Allam + OIH both look to spend big for a foothold in regional renewables","author":"enterpriseam admin","date":"23 October 2022","format":false,"excerpt":"Local players eye regional renewables investments: Hassan Allam Holding and Masdar\u2019s green hydrogen joint venture could see investments of USD 10 bn in the next decade. Meanwhile, Orascom Investment Holding is eyeing a push into Moroccan renewables.Hassan Allam Holding and Emirati renewables player Masdar will invest some USD 10 bn\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550336,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/hassan-allam-latest-to-target-green-investment-in-morocco\/","url_meta":{"origin":646674,"position":3},"title":"Hassan Allam latest to target green investment in Morocco","author":"enterpriseam admin","date":"24 October 2022","format":false,"excerpt":"Hassan Allam eyes renewables, desalination projects in Morocco: Our friends at Hassan Allam Holding are mulling investing in renewable energy and desalination projects in Morocco, and could deploy an initial USD 50-150 mn within the next year, CEO Amr Allam told Bloomberg Asharq on the sidelines of the Africa Business\u2026","rel":"","context":"In &quot;GREEN ENERGY&quot;","block_context":{"text":"GREEN ENERGY","link":"https:\/\/enterpriseam.com\/egypt\/category\/green-energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/311.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593050,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/17\/hassan-allam-signs-usd-20-mn-loan-with-ebrd-for-investments-in-egypts-water-wastewater-sector\/","url_meta":{"origin":646674,"position":4},"title":"Hassan Allam signs USD 20 mn loan with EBRD for investments in Egypt\u2019s water, wastewater sector","author":"enterpriseam admin","date":"17 November 2019","format":false,"excerpt":"Hassan Allam signs USD 20 mn loan with EBRD for water, wastewater investments: The European Bank for Reconstruction and Development (EBRD) and Hassan Allam Holding signed on Thursday a USD 20 mn loan agreement for the construction firm to expand its investments in Egypt\u2019s water and wastewater treatment sector, according\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/1888.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560755,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/hassan-allam-utilities-eyes-expansion-into-transport-through-ma\/","url_meta":{"origin":646674,"position":5},"title":"Hassan Allam Utilities eyes expansion into transport through M&#038;A","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"HA Utilities Holding (HAUH) could soon expand into Egypt\u2019s transport and logistics sector after it submitted a non-binding offer to take a controlling stake in Egyptian transport player Egytrans via a share swap, the two companies said in separate statements here (pdf) and here (pdf).In detail: HAUH is eyeing a\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/169.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=646674"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646674\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646636"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646674"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646674"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}