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Former Leighton executive guilty on false books

Peter Alan Gregg is a former CFO and director of construction firm Leighton Holdings.
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The former chief financial officer of construction giant Leighton Holdings, Peter Gregg, has been found guilty of falsifying the company’s accounts.

Mr Gregg faced a five-week trial in the New South Wales District Court, where a jury convicted him of two counts of contravening section 1307(1) of the Corporations Act.

The jury found that Mr Gregg, who was also a former director of Leighton, had engaged in conduct that resulted in the falsification of its books.

Mr Gregg has been remanded to appear before the District Court again on January 31.

More to come.

-ABC