A former NAB executive who defrauded the bank of millions of dollars “doesn’t really understand why,” a judge heard.
Stress and over-commitment to her role at NAB resulted in Rosemary Rogers corruptly stealing from her former employer, defense attorney Mark Tedeschi told QC on Monday at her hearing in Sydney.
But while the 45-year-old felt constantly threatened, she was about to lose her job. “She doesn’t really understand why she came to commit these crimes,” he said.
He submitted that “greed” was partially responsible and that she felt “entitled” to perform after working with huge wage earners who lived the “high life”.
Rogers has pleaded guilty to numerous criminal offenses, including 27 cases where an agent received a corrupt service and dishonestly received a financial advance through fraud.
Between 2013 and 2017, she received a total of $ 5.4 million in benefits, including $ 900,000 for the purchase of her “dream home.”
An event management executive in the Human Group would pay Rogers “kickbacks” for showing favor through NAB to their company, which at one point was receiving 97 percent of its revenue from the big bank.
These perks included overseas vacations from $ 620,000, a brand new BMW, boat, trailer, and renovations.
Text messages between the two women described themselves as “beast” and “sister of another mother”.
Acting Judge Paul Conlon said it was “extraordinary” that such sparsely written, inflated bills went undetected until 2017, until an anonymous whistleblower sent a letter to NAB executives exposing the ploy.
Rogers claims she didn’t notice the additional skimming of her counterpart and thought the multi-million dollar Rolling contract with NAB was a payment in itself.
One fraudulent bill related to “Project Eagle” and the boarding of former New South Wales Prime Minister Mike Baird, which was carried out by a completely separate company and cost $ 60,000, far less than the 2.2 reported by Rogers Million dollars.
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After having achieved tremendous success in an environment in which she felt inadequate, Rogers developed an adjustment disorder and lacked the emotional maturity to recognize the ridiculousness of her insult and was “cared for” by her counterpart for her Enjoying benefits, said their defense.
But the Crown argues “with breathtaking ease” that it willingly participated in a subtle deception of the location for which it was hired and acted with “extreme recklessness” in penalizing the bank.
She is due to be sentenced on January 27th.