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Balfour Beatty appoints counsel to probe U.S. Air Force base allegations [Reuters]

BALFOUR BEATTY S/ADR (BAFYY) 
NASDAQ:AMEX Investor Relations: balfourbeatty.com/investors
Company Research Source: Reuters
Balfour Beatty appoints counsel to probe U.S. Air Force base allegations July 15 (Reuters) - Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that the construction group falsified maintenance records at a U.S. Air Force base. The appointment of an outside counsel comes days after U.S. Senator Elizabeth Warren called for an official inquiry and demanded answers from the Air Force and one of its top housing contractors about practices at the Tinker base in Oklahoma. A Reuters-CBS News report in June described how a unit of Balfour Beatty falsified maintenance records to help it secure Defense Department bonuses. “We take the allegations in relation to Tinker Air Force Base very seriously as they would contravene our company-wide Code of Conduct,” Balfour, among the U.S. military’s largest housing providers, said. “The allegations made do not reflect the culture or the work ethic of over 1,200 employees Show less Read more
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