tony abbott's senate nightmare:, page-25

"Only the alp does filthy deals."

Corruption and cover-ups in Leighton Holdings' international construction empire were rife and known to top company executives and directors, according to internal company files.

Those in the know included the Australian construction giant's chief executive at the time, Wal King, and his short-term successor David Stewart.

In revelations that will cause international embarrassment for Australia and raise questions about the role of the nation's corporate watchdog, the files expose plans to pay alleged multimillion-dollar kickbacks in Iraq, Indonesia, Malaysia and elsewhere, along with other serious corporate misconduct.
Leighton

Hundreds of confidential company documents, obtained during a six-month Fairfax Media investigation, also reveal a culture of rewarding corruption or incompetence, and abysmal corporate governance in what looms as the worst recent case of corporate corruption involving a major Australian firm.


Mr King, one of Australia's most highly regarded chief executives and who has reportedly been approached by Communications Minister Malcolm Turnbull about taking an NBN Co board seat, was chief executive of Leighton Holdings for 23 years and is a prominent Sydney business community figure.

Read more: http://www.smh.com.au/business/building-giant-leighton-rife-with-corruption-claims-20131002-2ut2e.html#ixzz2gbX0TczX

Yeah right

Raider