Former Leighton Executive Found Guilty of Criminal Charges

   By Rhiannon Hoyle

SYDNEY--A former finance executive at Leighton Holdings, now known as Cimic Group Ltd. (CIM.AU), was found guilty of conduct that resulted in the falsification of the contractor's books, the country's securities regulator said.

Peter Gregg, who acted as the company's chief financial officer between 2009 and 2014, was on Tuesday in a Sydney court found guilty by a jury of two counts of contravening Australian corporations law.

He was remanded to appear before the court on Jan. 31, 2019, the Australian Securities and Investments Commission said.

A spokeswoman for Cimic declined to comment. Mr. Gregg, who was chief executive of Primary Health Care Ltd. (HLS.AU) when the charges were brought, could not immediately be reached.

Former Leighton executive Russell Waugh, who had also been charged, was found not guilty of one count of aiding and abetting, said the regulator.

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

(END) Dow Jones Newswires

December 10, 2018 23:43 ET (04:43 GMT)

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