Blog: Employee arrested over corruption claims at SPC Ardmona parent
Dean Best | 27 March 2015
Coca-Cola Amatil is co-operating with Australian state police after an employee was arrested for money laundering and receiving a reported half-a-million Australian dollars in corrupt commissions.
The Australia-based food and beverage group - the parent company of processed food business SPC Ardmona - has told our sister site just-drinks.com it is "providing its complete co-operation and support to the police".
An employee has reportedly been arrested for money laundering and receiving a half-a-million Australian dollars in corrupt commissions.
The employee, described by the Australian Financial Review as "senior", was reportedly detained on Wednesday by fraud police at Coca-Cola Amatil's Macquarie Park offices in Sydney
According to the publication, Coca-Cola Amatil informed police last year a 61-year-old employee was allegedly receiving commissions from a vehicle supplier for leasing its cars. The vehicle supplier reportedly deposited a total of A$504,900 (US$394,000) into a bank account set up by the employee.
Police reportedly said they expect to make more arrests ahead of a court hearing on 14 April.
Sectors: Canned food
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....
Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- Comment: Meal kits in US - don't believe the hype
- US food next wave on display at Winter Fancy Food
- Column: Kraft Heinz, Unilever and sustainability
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations
- Fonterra cuts earnings forecast