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The possible breach related to payments that may have been made by Leighton subsidiary Leighton Offshore in connection with work to expand offshore loading facilities for Iraq鈥檚 crude oil exports.
Leighton Holdings鈥� chairman Stephen Johns said that Leighton had volunteered the information to the AFP after becoming aware of a possible breach. 鈥淲e are cooperating fully with the AFP as they conduct an investigation into these matters,鈥� he said.
Leighton Holdings鈥� chief executive officer Hamish Tyrwhitt said that Leighton鈥檚 values were integral to Leighton鈥檚 approach to business. 鈥淥ur code of ethics and our values have been, and will continue to be, critical to our culture. Our values are consistently applied across the Leighton Group and deviations from those values are not tolerated,鈥� he said.
The company said that at this stage it is not known whether there has been any wrongful or illegal conduct, or whether there will be any adverse financial consequences for Leighton.聽
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