News and Analysis

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Police charge former NAB employee over alleged fraud worth millions – 21 October 2020

NSW Police have arrested and charged the 38-year-old Sydney woman ‘Srinivas Naidu Chamakuri’ for her alleged involvement in attempting to launder $21.6 million, from NAB through a fraudulent deposit scheme. Police allege the syndicate was using fraudulent bank deposit guarantees to purchase properties across the state for an inflated commission.

https://amp-news-com-au.cdn.ampproject.org/c/s/amp.news.com.au/finance/business/banking/police-charge-nab-employee-over-alleged-fraud-worth-millions/news-story/4e4bada9fbee1140215438321bca9b2f

WA’s public sector watchdog flags ‘significant weaknesses’ after corruption scandal – 20 October 2020

The public sector’s financial watchdog has found “significant weaknesses” in the Department of Communities’ procurement and payroll processes less than a year after the state’s biggest-ever corruption scandal was uncovered involving a former senior bureaucrat.

https://www.brisbanetimes.com.au/national/western-australia/wa-s-public-sector-watchdog-flags-significant-weaknesses-after-corruption-scandal-20201019-p566h0.html