One of Australia’s most senior tax officials is entangled in a major fraud investigation involving his son in which $165 million was allegedly stolen from the Commonwealth.
A deputy ATO commissioner, Michael Cranston has been issued with a court attendance notice, while his son, Adam Cranston, was arrested in Sydney yesterday as part of an Australian Federal Police sting.
Michael Cranston will be charged with abusing his position as a public official relating to the alleged fraud, although he is not believed to be a conspirator.
Adam Cranston, 30, was arrested at his flat in the affluent beach suburb of Bondi during raids yesterday and has been charged with conspiracy to defraud the Commonwealth.
Read the original article here: abc.net.au
Get headlines, breaking news, and jobs announcements delivered to your inbox. Sign up for our daily newsletter.