G4S extends UK Kabul embassy deal
Aug 13 2012
The firm behind the Olympic Games security fiasco has reportedly extended its deal to protect the British embassy in Afghanistan's capital, Kabul.
G4S, which admitted in early July that it would not be able to provide its 10,400 contracted guards for London 2012, was awarded the Afghan contract by the Foreign and Commonwealth Office (FCO) last week, The Sunday Times said.
The deal is understood to be worth £72 million and will see G4S guard the high-risk embassy for a further two years.
The British embassy compound in Kabul was hit in April by rocket fire during a series of co-ordinated Taliban attacks across Afghanistan. Two rockets hit a guard tower and a rocket-propelled grenade was fired at a house used by British diplomats, but no staff were hurt.
G4S is the largest employer on the London Stock Exchange with more than 650,000 staff worldwide. It reported revenues of £7.5 billion and pre-tax profits of £279 million last year.
The military plugged the gap left by G4S, which ended up providing some 8,000 staff.
The total number of military personnel involved in Olympics security was more than 18,000, including 11,000 helping secure Games venues, with the rest working in specialist roles.
G4S chief executive Nick Buckles is fighting to save his career amid calls to resign from his £830,000-a-year job after the blunder.
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