00:00It's Benzinga bringing Wall Street to Main Street.
00:02Capgemini said it will sell a U.S. division that provides consulting services to government
00:07agencies after scrutiny over contracts with U.S. Immigration and Customs Enforcement,
00:12according to the Wall Street Journal. The Paris-based company acted days after
00:16Multinationals Observatory highlighted ICE contracts, including a $365 million agreement
00:22for skip tracing to identify and locate immigrants. French ministers asked Capgemini to disclose its
00:28ICE-related activities following the killing of two people by federal immigration officials
00:33in Minnesota last month. CEO Ayman, as it said, he learned of the contract only recently from
00:38public sources and said the U.S. division operates autonomously due to classified information
00:43rules. The unit accounts for about 0.4% of global revenue. For all things money, visit Benzinga.com.
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