Media Release
26 July 2016
Auckland Airport welcomes ex-employee''s guilty plea to fraud charges
Auckland Airport has welcomed today''s guilty plea by a former non-executive
employee, following the Serious Fraud Office laying criminal charges in the
Auckland District Court. The Company dismissed the employee in February this
year, following an internal review process which identified several
unexplained financial transactions.
Philip Neutze, Auckland Airport''s chief financial officer, says that
following the identification of the unexplained financial transactions in
February, the Company immediately commenced civil proceedings against the
former employee.
"We have also completed a thorough review of our internal processes and
controls, and changes have been made to protect the Company, its staff and
its investors."
"Because this matter is still before the courts, we are unable to comment
further on the guilty plea or the civil proceedings," says Mr Neutze.
Ends
Issued by:
Scott Weenink
General Counsel & Company Secretary
+64 27 883 8065
scott.weenink@aucklandairport.co.nz
End CA:00286226 For:AIA Type:GENERAL Time:2016-07-26 14:25:26