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BRIEF-Seven West Media responds to allegations against CEO

Published 22/12/2016, 09:32 am
© Reuters.  BRIEF-Seven West Media responds to allegations against CEO
SWM
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Dec 22 (Reuters) - Seven West Media Ltd SWM.AX :

* Statement from seven west media-swm.ax

* Takes allegations being published in relation to its CEO very seriously and has met on four occasions this week to consider unfolding issues being raised

* "Board continues to support CEO, and processes and decisions made based on information at time Ms Amber Harrison's credit card misuse"

* Board appointed an independent accounting firm to establish facts behind misuse of Ms Harrison's corporate credit card

* Has determined it prudent to commission a further independent inquiry to establish all of facts

* "Was this report that lead to Harrison's termination and a settlement agreement being reached by parties"

Source text for Eikon: ID:nASXbwhfwr Further company coverage: SWM.AX

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