NAB executive investigated over $40m fraud hands herself in to police

| 05.03,19. 12:06 PM |


NAB executive investigated over $40m fraud hands herself in to police



Photo: A former NAB executive has handed herself in to police in Sydney. (ABC News: Nic MacBean)


A former National Australia Bank (NAB) executive is expected to be charged with more than 50 offences relating to a $40 million fraud, after handing herself in to a Sydney Police Station today.


Rosemary Rogers was chief of staff to former NAB boss Andrew Thorburn.


Police will allege Ms Rogers received $6.6 million in corrupt commissions to continue a contract with an events management company and overpay their invoices.


Ms Rogers handed herself in to officers at Surry Hills Police Station at 11am today.


In a statement, a NAB spokesperson said the bank was cooperating with police.


"The alleged fraud was reported by a whistleblower," they said.


"NAB responded immediately, investigated and reported it to police.


"If the alleged fraud is proven, it represents a most serious breach of trust by a former employee.


"NAB is the victim in this matter. Police have confirmed that no one at NAB is under investigation, including former CEO Andrew Thorburn, and there is no suggestion of any wrongdoing by anyone at NAB."


Last week, NSW Police charged Helen Rosamond with 56 counts of bribing an agent and two counts of gaining benefit by deception amounting to $6 million.


Ms Rosamond is a director of events management company Human Group, a supplier to the bank for about 12 years.


Police allege the offending happened between 2013 and 2017.


NSW Police say they haven’t ruled out further arrests and the investigation is still ongoing.


In February last year, NSW Police started investigating allegations of corrupt commissions being paid for contracts with the bank.


Investigators allege the fraud amounted to about $40 million over five years.


abc


(Votes: 0)

Other News

Police looking for man who crashed front-end loader into Adelaide pub 'My son went through hell': Family of Pell victim speak out ANIC's 12 General Assembly and Newly Election Executive Committee NSW Premier says construction of Metro West line to begin 2020 Police investigate Victorian woman's death Solomons oil spill: Aust sends more help Trio wanted over Melbourne boxing shooting Homes lost in 'dangerous' and worsening Victorian fire crisis Man charged with murder of Brisbane woman Megan Kirley Bushfire emergency warnings issued for Gembrook, Dargo, Budgeree amid hot conditions Liberal Pyne confirms exit from politics Tributes for veteran journalist Willesee مصر.. حبس 6 أشخاص على ذمة التحقيق في حادث القطار Property price downturn extending beyond Sydney and Melbourne Woman accused of fraud against NAB arrested in Sydney Three people treated at Sydney's Lucas Heights nuclear facility after chemical spill Jail for man who buried friend in shallow grave, then stole his identity in cross-country scam Black Saturday bushfire victims lose Federal Court tax case, ordered to pay ATO tax liability Two men charged after former NSW detective shot in face in Melbourne Kerri-Anne Kennerley's husband John dies in Sydney's St Vincent's Hospital 'Simply daft': Man who towed boat down highway with mobility scooter escapes jail time WestConnex tunnel traffic set to be higher than expected, data shows Sixth person charged over alleged police bashing in Melbourne Interest rates set to be slashed as jobless rate rises, big banks warn Ita Buttrose to be named new ABC chair, ending months of leadership uncertainty at the public broadcaster George Pell taken to prison after bail revoked at court hearing for child sex offences George Pell could begin time behind bars as court considers possible jail sentence Police raid motel near Byron Bay after former cop shot in face Property investors battered by a 'perfect storm' of falling prices and tighter credit Elderly woman dies after being struck by train in Brisbane's east