05 February 2016

Senior executives from convenience store giant 7-Eleven will be grilled during an inquiry in Canberra into worker exploitation.

It comes amid reports Prime Minister Malcolm Turnbull has a stake in the global parent company of the controversial franchise chain.

Mr Turnbull has shares in two international investment funds that invest in Japanese conglomerate Seven & I Holdings, Fairfax Media reports.

Interim 7-Eleven chief executive Robert Bailey and co-owner Russell Withers will front an inquiry in Canberra today.

It’s looking into allegations thousands of workers were underpaid by franchise operators.

Some workers also claimed the company had charged employees up to $70,000 to sponsor their visa.

The wage regulator has also raided 20 stores in Melbourne, Sydney and Brisbane seizing rosters, timesheets and CCTV footage from stores it suspected was committing wage fraud.

It found that 60 percent of franchisees raided were underpaying staff.

Fair Work Ombudsman representatives will also appear at the hearing.

Extracted in full from 9 News.