Keller fires two staff after unearthing profit reporting fraud

The world’s biggest ground engineering contractor has sacked two staff at one of its businesses in Australia after uncovering serious financial reporting fraud.
It said the ‘deliberate and sophisticated financial reporting fraud’ at Austral, a civil, mining and marine contractor that contributes around 3% of group revenue, had resulted in overstated profits from 2019 onwards.
The impact of the fraud on historical operating profits is currently estimated to be £6m related