IRS Funneled Nearly $500M in Contracts to One IT Firm in 2012

Via: CNS News

WASHINGTON (AP) — The House Oversight Committee is investigating whether a personal relationship between an Internal Revenue Service employee and the owner of a computer company produced a series of government contracts worth about $500 million.

In a letter obtained by The Associated Press from the committee’s chairman, Rep. Darrell Issa, R-Calif., to acting Treasury Secretary Neal S. Wolin, Issa writes that he recently has learned about a personal relationship between an IRS employee and Braulio Castillo, the owner of Signet Computers Inc. Signet Computers’ website lists company addresses in Virginia and Washington, D.C.

The name of the IRS employee, who works in the agency’s procurement department, is blacked out in the letter obtained by the AP. The IRS operates within the Treasury Department.

Issa writes that prior to 2012, Signet Computers, which advertises itself as specializing in information technology issues, “does not appear to have received any federal contracts.” Since then, he writes, Signet has been awarded approximately $500 million worth of federal contracts, all but $180,835 of them from the IRS.

“The fact that Signet Computers was able to secure federal contracts worth a half-billion dollars in a matter of months, despite having no track record of past performance, raises many questions,” Issa writes.

Read more: here

No, not in that bastion of honor..The IRS…
-Moose

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