‘Fake coal’ test: how to get away with manipulating data
It has emerged no regulator is watching over coal certification, even after one lab confessed to switching results for the multibillion-dollar export industry.
The corporate watchdog’s legal letter was delivered politely to laboratory giant ALS.
It was 9.43am on a Wednesday last October and the Australian Securities and Investments Commission had reason to sound amicable. After all, ASIC had long probed Brisbane-based ALS about a fake coal-testing scandal.
Liam WalshReporterLiam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
