Thursday 5 July 2012

Leighton fires Iraq oil export official - The National

The Australian construction group Leighton has fired a top official on its oil export project in Iraq over contractual irregularities.

The company is building oil export infrastructure near the Iraqi port of Basra through its Leighton Offshore unit, which has become embroiled in a government investigation over alleged tendering violations.

"[The] internal review of the Iraq projects undertaken by its subsidiary, Leighton Offshore, has identified instances of failures to meet governance standards in respect of the proper documentation of contractual arrangements. As a consequence, a senior manager has been dismissed," said Leighton.

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