Agility share trading halted, Kuwait bourse says

KUWAIT Nov 17 (Reuters) - The Kuwait bourse on Tuesday said it had halted trading in shares in Agility (AGLT.KW).

The bourse said the suspension was implemented pending clarification of a statement it had received from the company.

Earlier, the Dubai bourse published a statement from Agility about its U.S. indictment on Monday. [ID:nLH306278] A U.S. grand jury indicted Public Warehousing Company, K.S.C. (PWC), also known as Agility, charges of fraud and conspiracy alleging that it overcharged the U.S. Army on $8.5 billion worth of contracts to provide food to soldiers in Iraq, Kuwait and Jordan. [ID:nN16518906]

(Reporting by Eman Goma; Editing by Thomas Atkins)

(Dubai Newsroom, +971 4 366 3222, dubai.newsroom@reuters.com)