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Leighton Holdings Limited (ASX:LEI) has reported a possible breach of its code of ethics to the Australian Federal Police.



The possible breach is related to payments that may have been made to Leighton’s subsidiary, Leighton Offshore, in connection with work to expand offshore loading facilities for Iraq’s crude oil exports.



Leighton Holdings’ chairman Stephen Johns says Leighton volunteered the information after becoming aware of a possible breach.



According to the release, Leighton says it is not known at this stage whether there has been any wrongful or illegal conduct or whether there will be any adverse financial consequences.