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Auckland Airport welcomes ex-employee’s guilty plea
Media Release | 26 July 2016
Auckland Airport welcomes ex-employee’s guilty plea to fraud charges
Auckland Airport has welcomed today’s guilty plea by a former non-executive employee, following the Serious Fraud Office laying criminal charges in the Auckland District Court. The Company dismissed the employee in February this year, following an internal review process which identified several unexplained financial transactions.
Philip Neutze, Auckland Airport’s chief
financial officer, says that following the identification of
the unexplained financial transactions in February, the
Company immediately commenced civil proceedings against the
former employee.
“We have also completed a thorough
review of our internal processes and controls, and changes
have been made to protect the Company, its staff and its
investors.”
“Because this matter is still before the courts, we are unable to comment further on the guilty plea or the civil proceedings,” says Mr Neutze.
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