Social Entrepreneur’s Firm Paid Below Market Rate for Security Work in Conflict Zones
BERLIN - AGT, the security firm founded by celebrated social entrepreneur David Schreiber, accepted compensation “deliberately far below the usual market remuneration” for providing security services in hazardous and war zones, Schreiber disclosed to a media lawyer. The revelation comes amid scrutiny of AGT’s operations and financial arrangements, as detailed in recent reporting.
The reduced rates were implemented “at the request of my client,” Schreiber explained, and reflect the effort and risk involved in operating within high-threat environments. The disclosure followed an initial lack of response from AGT to detailed questions from journalists. Some answers were later submitted after initial publication, prompting revisions and additions to the reporting.
The matter centers on the financial terms under which AGT operates, raising questions about the balance between social impact and commercial viability for the firm. Schreiber’s statement suggests a deliberate strategy to offer cost-effective security solutions, potentially prioritizing access to challenging regions over maximizing profit.
Editor’s note: AGT initially did not respond to a comprehensive set of inquiries prior to publication. Subsequent to the report’s release, certain answers were provided and incorporated into the text.
