The Board and management of G4S have taken responsibility for the inability of the company to deliver, in full, on the Olympic security contract and apologise for this failure.
As previously announced the Company, supported by PwC, is conducting a review to determine in detail what went wrong with the execution of the contract and specifically why the contract execution issues were not identified on a more timely basis. This review is nearing completion and the findings will be considered by the Board and then announced within the next ten days.
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