Numerous top staff from two Leighton Holdings (LEI) subsidiaries reportedly participated in the theft and leaking of secret tender information as part of an effort to secure a $240 million contract, according to The Australian Financial Review.
Leighton has faced a range of controversies over actions it and its subsidiaries allegedly undertook to secure overseas contracts, including accusations of bribery.
With the latest allegations, Leighton reportedly found evidence of serious misconduct and corruptions within its telecommunications contractors, but failed to notify authorities, according to the AFR.
The allegations involve Leighton Holdings' Silcar unit, which constructs communications networks. The subsidiary reportedly participated in a plan this year to steal sensitive tender information from another Leighton firm, Visionstream, the AFR reported.
The newspaper added that leaked emails suggested that staff within Visionstream were suspected of assisting in the plan.
The alleged plot was said to unfold as the two units were competing with one another to win a contract from Optus.