Ex-COO of ASX giant arrested in Sydney

Former Cimic Group Ltd (ASX: CIM) chief operating officer David Savage has been arrested as he exited hotel quarantine in Sydney on Monday.

Australian Federal Police officers detained the 60-year-old over allegations he was involved in a major bribery scandal with Iraqi government officials back when Cimic was called Leighton Holdings.

Savage will face Sydney Central Local Court later on Monday, facing two charges of knowingly providing misleading information.

The high-flying executive was living in France but returned to Australia on 27 December, when a border alert was triggered.

Like all overseas arrivals, he went into mandatory COVID-19 quarantine in a Sydney hotel. When the 2-week period was complete on Monday, police made an…