Original article by Georgia Wilkins
The Australian Financial Review – Page: 23 : 18-Dec-14
A report from Citibank raises concerns that some Australian-listed companies could be exposed to bribery and corruption scandals. It notes that a number of companies are vulnerable due to their lack of adequate procedures to deal with such issues, while some have a presence in countries that are deemed to have a high risk of corruption. Companies that tender for government contracts could also at risk
CORPORATES
CITIBANK PTY LTD, COCHLEAR LIMITED – ASX COH, WESTPAC BANKING CORPORATION – ASX WBC, NEWCREST MINING LIMITED – ASX NCM, CSL LIMITED – ASX CSL, RAMSAY HEALTH CARE LIMITED – ASX RHC, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, LEIGHTON HOLDINGS LIMITED – ASX LEI, AUSTRALIAN FEDERAL POLICE