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BRIEF-Mirvac updates on regarding trade union Royal Commission hearings

Published 18/09/2015, 06:35 pm
© Reuters.  BRIEF-Mirvac updates on regarding trade union Royal Commission hearings
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Sept 18 (Reuters) - Mirvac Group MGR.AX :

* Update regarding trade union royal commission hearings MGR.AX

* Says "confirms that the only party financially impacted by the non-compliance was Mirvac itself"

* Says "the potential amount associated with these activities was not material"

* Says "there is no evidence to suggest that these types of activities"

* Confirms case study currently being considered by the trade union royal commission commencing Monday, 14 September 2015

* Mirvac has reviewed its processes and procedures to mitigate against such practices occurring again

* Confirms case study related to actions of employees who are no longer employed by co and left the business in the middle of 2013

* Included the payment of suspected irregular supplier invoices and non-compliant expenses associated with a Queensland project"

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