Another Leighton probe into alleged failure to disclose

By Nick McKenzie, Richard Baker, Jenny Wiggins
Updated April 2 2015 - 8:08am, first published 12:14am
The ASIC investigation was launched after Fairfax Media revealed that a former senior company manager had detailed the allegations in the Federal Circuit Court. Photo: Jim Rice
The ASIC investigation was launched after Fairfax Media revealed that a former senior company manager had detailed the allegations in the Federal Circuit Court. Photo: Jim Rice

Corporate watchdog Australian Securities and Investments Commission has launched an investigation into allegations embattled construction giant Leighton Holdings concealed from shareholders a financial black hole of up to $4 billion and breached laws requiring the disclosure of cost blow-outs.

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