The Canadian-based company principally responsible for building the busted Obamacare website also bags $50 million a year managing the technology governing payments for over 25% of America’s Section 8 low-income apartments and houses.
According to a Newsweek investigation, CGI Federal, which stands for Conseiller en Gestion et Informatique, has a stock market value of $11.6 billion. “American taxpayers are among the main drivers of earnings at CGI,” states the Newsweek report.
CGI Federal Senior Vice President Toni Townes-Whitley was a Princeton University classmate of First Lady Michelle Obama and donated to President Barack Obama’s reelection campaign and the Obama Victory Fund.
CGI Federal, which billed taxpayers $290 million for building the broken Obamacare federal website, is now enmeshed in a legal battle over allegedly running a scheme to thwart Housing and Urban Development (HUD) rules by setting up a shell company. The whistleblower lawsuit, filed by former HUD manager Benjamin Ashmore, “alleges he was fired in 2011 when he objected to behind-the-scenes proposals to skirt HUD restrictions.”
“Being at CGI was like peering behind the curtain and realizing that the Wizard of Oz was just a charlatan…behind the curtain, greed, deception and profits replaced common sense and ethical obligations to clients,” said Ashmore.
Since the launch of the Obamacare website, CGI has scored at least five more government contracts.