ASIC Leighton probe widened: report

Watchdog reportedly investigating conduct of construction group's Indian business.

The Australian Securities and Investments Commission has broadened the scope of its inquiry into Leighton Holdings (LEI) to include suspect commissions and alleged corporate misconduct in India, The Australian Financial Review reports.

According to the newspaper, the corporate watchdog is looking into the group's dealings with Indian construction firm Welspun, specifically its disclosure, which purchased a 35% stake in Leighton India’s operations in 2010.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles