Auckland, New Zealand, 22 March 2017 - Fisher & Paykel Healthcare Corporation
Limited advises that a former employee appeared in the Auckland District
Court today and pleaded guilty to charges laid by the Serious Fraud Office
(SFO), in relation to actions taken while an employee of Fisher & Paykel
Healthcare.
Simon Hall, a former Area Sales Manager for the company, pleaded guilty to
three charges relating to a total of $213,000 in unlawful payments. Mr Hall
pleaded guilty to one Crimes Act charge of obtaining by deception and two
charges under section 8 of the Secret Commissions Act for receiving a secret
reward for procuring a contract.
When the company became aware in 2014 of issues relating to the management of
two Middle East distributors the company, with the assistance of a third
party, conducted an internal investigation. Following the outcome of the
investigation, Mr Hall was dismissed for misconduct and the matter was
referred to the SFO.
"We are disappointed with what has occurred. Fisher & Paykel Healthcare does
not tolerate this type of behaviour and, following an independent review, we
are confident in our systems to prevent a recurrence," said Tony Barclay,
Chief Financial Officer.
A copy of the announcement made today by the SFO is available at the
following link: https://www.sfo.govt.nz/news
About Fisher & Paykel Healthcare
Fisher & Paykel Healthcare is a leading designer, manufacturer and marketer
of products and systems for use in respiratory care, acute care, surgery and
the treatment of obstructive sleep apnea. The company''s products are sold in
over 120 countries worldwide. For more information about the company, visit
our website www.fphcare.com.
End CA:00298702 For:FPH Type:GENERAL Time:2017-03-22 14:49:26