Evidence of “breaches of duties and inappropriate conduct.” Sime Darby’s forensic audit on the oil and gas division has been completed and that based on the findings on the four key projects, namely the Bulhanine and Maydan Mahzam project with Qatar Petroleum (the QP Project); the Maersk Oil Qatar project (the MOQ Project); the Bakun hydroelectric dam project (the Bakun Project); and a project known as the “Marine Project”, there has been evidence found to suggest, on a prima facie basis, that there may have been breaches of duties and obligations and inappropriate conduct.
Sime Darby Berhad : Still Not Enough Transparency - 21/09/2010
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