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BRIEF-ALS Ltd Updates On Independent Investigation Of Certification Of Coal Samples

Published 02/04/2020, 10:02 am
Updated 02/04/2020, 10:06 am
© Reuters.
ALQ
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April 2 (Reuters) - ALS Ltd ALQ.AX :

* UPDATES ON INDEPENDENT INVESTIGATION OF CERTIFICATION OF COAL SAMPLES

* INDEPENDENT INVESTIGATION IDENTIFIED EVIDENCE ABOUT 45-50% OF CERTIFICATES OF ANALYSIS MANUALLY AMENDED WITHOUT JUSTIFICATION

* EMPLOYMENT OF GM COAL SERVICES HAS SINCE BEEN TERMINATED & OTHER 3 STAFF ARE NO LONGER EMPLOYED BY BUSINESS

* NO EVIDENCE OF BRIBERY OR OTHER THIRD-PARTY PAYMENTS INVOLVING ALS STAFF HAS BEEN FOUND OR INDICATED

* REVIEW FOUND NO EVIDENCE OF ANY SIMILAR PRACTICES ELSEWHERE IN GROUP

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