The U.S. government is considering barring Qwest Communications International Inc. (NYSE: Q) from future government contracts in an effort to clamp down on corporate fraud endemic in the telecom sector in the past few years (see GSA Considers Debarring Qwest).

Qwest said that the notice by the General Services Administration was prompted by a criminal indictment and civil complaint against four former Qwest executives charged with corporate accounting fraud in February of this year. Get all the sordid details on Boardwatch.

— Jo Maitland, Senior Editor, Boardwatch