REG-Statement re G4S response to Justice Secretary's statement on the UK Electronic Monitoring contract
11 July 2013
G4S response to the Justice Secretary's statement on the UK Electronic Monitoring contract
G4S notes the Justice Secretary's announcement today and provides the following additional information:
The Ministry of Justice (MoJ) is an important customer and G4S is committed to addressing and resolving the MoJ's concerns as soon as possible.
G4S has co-operated fully with the PwC audit and is committed to co-operating with all audits of current contracts to the full extent provided under those contracts.
G4S has requested full details of the PwC audit findings and looks forward to receiving these in order to address any findings.
The Justice Secretary has confirmed that, following the PwC audit, he has no evidence of any dishonesty in relation to the EM contracts. G4S is conducting its own review, assisted by external advisers, and is not aware of any indications of dishonesty or misconduct. G4S believes that any evidence or indication of dishonesty should be referred to the relevant authorities including, if appropriate, the SFO.
G4S has not received a claim for a refund. Our own review continues and if we identify any evidence of overbilling, then we will reimburse the MoJ as we would with any customer.
Ashley Almanza, Group CEO, G4S plc said:
"G4S is committed to having close and open relationships with our customers and we strive to work in partnership for the mutual benefit of our organisations. We place the highest premium on customer service and integrity and therefore take very seriously the concerns expressed by the Ministry of Justice. We are determined to deal with these issues in a prompt and appropriate manner."
|For further enquiries, please contact:|
|Helen Parris - Director of Investor Relations||+44 (0) 1293 554423|
|Adam Mynott - Director of Media Relations||+44 (0) 1293 554400|
|David Allchurch - Tulchan Group||+44 (0) 207 353 4200|
Notes to Editors:
G4S is the world's leading secure outsourcing group, specialising in outsourcing of business processes in sectors where security and safety risks are considered a strategic threat. G4S is the largest employer quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S has operations in more than 125 countries and more than 620,000 employees. For more information on G4S, visit www.g4s.com .
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: G4S plc UK DK via Thomson Reuters ONE