Friday 11th October 2013 |
Text too small? |
The Serious Fraud Office has confirmed it is investigating procurement irregularities at Auckland Transport.
The white-collar crime investigator executed a number of search warrants at several locations yesterday as it probes an unidentified number of individuals relating to "irregularities in the procurement of services," it said in a statement.
The investigation is being conducted under Part 2 of the Act, meaning the SFO director has reasonable grounds to believe an offence has been committed, which allows him to compel attendance at interviews. Under a Part 1 investigation the SFO can only require the release of documents.
Auckland Transport referred the matter to the SFO after an internal investigation.
BusinessDesk.co.nz
No comments yet
December 27th Morning Report
FBU - Fletcher Building Announces Director Appointment
December 23rd Morning Report
MWE - Suspension of Trading and Delisting
EBOS welcomes finalisation of First PWA
CVT - AMENDED: Bank covenant waiver and trading update
Gentrack Annual Report 2024
December 20th Morning Report
Rua Bioscience announces launch of new products in the UK
TEM - Appointment to the Board of Directors