Two business premises and a residence in Sydney were raided this morning in connection with a multi-million dollar fraud perpetrated on NAB by a former employee.
The Australian Financial Review understands the scheme involved an employee who left the bank late last year. The raids were conducted on the North Sydney business premises of one of the bank's suppliers and the supplier's home.
Loading...
James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com