Former Commonwealth Bank technology executive Jon Waldron was sentenced to a jail term on Friday, following his conviction in May for taking bribes to award an IT services contract to a US software company.
NSW District Court Judge Phillip Mahony sentenced him to a maximum of six years and eight months in prison. He will serve a minimum of four years.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au