Sign Up
..... Connect Australia with the world.
Categories

Posted: 2018-12-11 04:49:59

Updated December 11, 2018 16:21:39

The former chief financial officer of construction giant Leighton Holdings, Peter Gregg, has been found guilty of falsifying the company's accounts.

Mr Gregg faced a five-week trial in the New South Wales District Court, where a jury convicted him of two counts of contravening section 1307(1) of the Corporations Act.

The jury found that Mr Gregg, who was also a former director of Leighton, had engaged in conduct that resulted in the falsification of its books.

The criminal case was brought against Mr Gregg by the Australian Securities and Investments Commission (ASIC), following a multi-year investigation and a federal parliamentary inquiry.

Mr Gregg has been bailed to appear before the District Court again on January 31 for sentencing.

More to come.

Topics: fraud-and-corporate-crime, company-news, building-and-construction, australia

First posted December 11, 2018 15:49:59

View More
  • 0 Comment(s)
Captcha Challenge
Reload Image
Type in the verification code above