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NAB’s ex chief of staff sentenced for fraud NAB’s ex chief of staff sentenced for fraud A judge has blasted the “staggering” level of fraud committed by the bank’s former chief of staff as he sentenced her to eight years in prison. A A Former NAB chief of staff Rosemary Rogers was sentenced to a maximum of eight years in prison, with a non-parole period of four years and nine months, after receiving millions in kickbacks for approving inflated invoices for event management company Human Group. Rogers had a close personal relationship with Human Group director Helen Rosamond and spen...

NAB staffer gets 8 years for fraud Lachlan Maddock 28 January 2021 A high-ranking NAB staffer has been sentenced to eight years in jail after committing multimillion-dollar fraud motivated by “greed, personal gain and self-gratification”. Former NAB chief of staff Rosemary Rogers was sentenced to a maximum of eight years in prison, with a non-parole period of four years and nine months, after receiving millions in kickbacks for approving inflated invoices for event management company Human Group. Ms Rogers had a close personal relationship with Hum...

The jailing of a former executive couldn’t come at a more inopportune time for the National Australia Bank Ltd. (ASX: NAB) share price.

Advertisement A former chief of staff to National Australia Bank CEOs will spend more than four years behind bars after fraudulently approving inflated invoices in return for kickbacks worth more than $5 million. Between 2013 and 2017, Rosemary Rogers accepted payments from Human Group chief executive Helen Rosamond bankrolling lavish domestic and international holidays for herself and her extended family, along with the purchase and renovation of a holiday home, plus two boats and a luxury car. She pleaded guilty last year to multiple charges of dishonestly obtaining financial advantage by d...

Rogers received a significant discount for pleading guilty to numerous offences including 27 counts of being an agent corruptly receiving a benefit and for dishonestly obtaining a financial advance by deception. She also cooperated with authorities. Between 2013 and 2017, Rogers approved allegedly false or highly inflated invoices allegedly made out by Human Group which would then allegedly pay Rogers “kickbacks” for showing the events and human resources company special favour. Human Group received more than $44m from NAB between July 2013 and February 2018, and at one point received 97%...