Grain Firm Suspended From Subsidies: The Agriculture...

Grain Firm Suspended From Subsidies: The Agriculture Department has suspended Stamford, Conn.-based Richco Grain Ltd., a U.S. grain exporting company, from taking part in its export subsidy programs for alleged links with fugitive trader Marc Rich, the USDA said. Confirming the suspension, Agriculture Secretary Clayton K. Yeutter said the firm cannot take part in the USDA’s export subsidy sales pending an investigation into allegations it has links with Rich, against whom government charges are pending. Richco officials were unavailable for comment. Marc Rich was reported to have fled to Switzerland five years ago after the U.S. filed tax evasion, racketeering and other charges against him.