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.


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