Australia: NSW Police Arrest Company Director In NAB Fraud Scandal Investigation

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The director of a company at the centre of an alleged $40 million corporate fraud scandal involving National Australia Bank has been arrested and charged with more than 50 bribery and corruption offences.

Helen Rosamond, 43, is the owner and director of Human Group, an events and human resources company that has held lucrative contracts with NAB going back 12 years and worth almost $120 million.

Police will allege Ms Rosamond paid multiple extravagant bribes between 2013 and 2017 to an executive at the bank in order for the executive to approve bloated invoices.

Such bribes allegedly included a four-night trip for 13 people from Melbourne to Sydney costing more than $76,000, a one-month trip to the US for eight people which cost $485,000, multiple trips to the Emirates resort at Wolgan Valley, prepaid credit cards, private helicopter transfers and a $46,000 boat.

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