This article is from the Australian Property Journal archive
THE CEO and managing director of construction giant Habtoor Leighton Group (HLG) has been arrested at Dubai.
Cimic said in a statement that the CEO José Antonio López-Monís has been arrested “as a result of a complaint filed with police in Dubai”.
Cimic did not provide reasons behind his arrest and the Dubai authorities have also been silent.
Lopez-Monis was arrested on Wednesday August 17.
HLG is 45% owned by ASX-listed Cimic and is Cimic’s construction business in the United Arab Emirates.
Formed in 2007 by Leighton Holdings and UAE building contractor Al Habtoor, HLG employs more than 21,000 people in the region.
Although two months ago, Al Habtoor sought to distance itself from HLG and said it had no relationship or played a role in the day-to-day business operations.
In November last year, founder and chairman Khalaf Ahmad Al Habtoor announced their decision to sell their 65% stake in HLG.
Australian Property Journal
