SFO confirms probe into Auckland Transport procurement

Article – BusinessDesk

Oct. 11 (BusinessDesk) – The Serious Fraud Office has confirmed it is investigating procurement irregularities at Auckland Transport.

SFO confirms probe into Auckland Transport procurement

Oct. 11 (BusinessDesk) – The Serious Fraud Office has confirmed it is investigating procurement irregularities at Auckland Transport.

The white-collar crime investigator executed a number of search warrants at several locations yesterday as it probes an unidentified number of individuals relating to “irregularities in the procurement of services,” it said in a statement.

The investigation is being conducted under Part 2 of the Act, meaning the SFO director has reasonable grounds to believe an offence has been committed, which allows him to compel attendance at interviews. Under a Part 1 investigation the SFO can only require the release of documents.

Auckland Transport referred the matter to the SFO after an internal investigation.

(BusinessDesk)

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