In another shocking development in the Leighton scandal, it has been revealed that a public inquiry previously found that former chief executive Wal King was...

Joanne Ma

Livewire Markets

In another shocking development in the Leighton scandal, it has been revealed that a public inquiry previously found that former chief executive Wal King was not of good repute, having regard to character, honesty and integrity''. In 1994, Leighton had joined forces with US gambling firm Showboat to win the tender for the new Sydney casino. However, a public inquiry into the probity of the Showboat group proved damaging for Mr King, who was found not to be of good repute. Two Leighton companies were also found to be ''not of good repute, having regard to honesty and integrity''. The final report of the NSW government's Casino Control Authority Inquiry found Mr King and fellow Leighton executive Vyril Vella ''were involved with and had knowledge of'' the illegal practice of paying unsuccessful tender fees. These payments were then billed to the client with false invoices. (VIEW LINK)


Joanne Ma
Joanne Ma
Writer
Livewire Markets

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment