Perth company sacks worker over $10m fraud

A worker for a Perth-based mining services company has been sacked and reported to police over an alleged $10 million fraud.

Ausdrill said in a statement to the Australian Securities Exchange on Wednesday it appeared the former staffer had authorised and concealed payments to an "unrelated invalid supplier" over eight years.

"The company and its external forensic investigator will work closely with police in undertaking further investigations," Ausdrill said.