Security review for Oz GP.

The Australian Grand Prix Corporation has confirmed that it will review future security arrangements, following the arrest of the current contractor's general manager on 88 counts of fraud.

Although Wilson Security will continue to operate at this weekend's Formula One season opener at Albert Park, the AGPC has said that it will decide whether or not to continue with the current contract. The existing deal should have seen Wilson continue to police the event until 2007, but the arrest, and subsequent charging, of general manager Mario Siketa has caused AGPC chief executive Tim Bamford to question the validity of maintaining the partnership.

Bamford told the Sydney Morning Herald that he did not believe security at the event had been compromised by Siketa's arrest, but that the arrangement would be reviewed as a matter of course.

"We will review it, but we're expecting them to perform as they always do," he said, "It was a surprise to us, and we've been watching the situation closely, but, we're not expecting a problem.

"We're satisfied with Wilson's handling of the situation, and we're also satisfied that they will be providing the same excellent service to us and our patrons as they have in the past."

Siketa, a former police sergeant, was charged with receiving secret commissions, money that was the proceeds of crime and gaining financial advantage by deception. The charges, which also involve Siketa's 23-year old daughter, relate directly to his work for Wilson Security, although they are not necessarily linked to the company's deal with the grand prix. Siketa has been remanded on bail until July.