Under fire NAB CEO's chief of staff is accused of rorting $500,000 from the bank to pay for a lavish family holiday at luxury resorts as well as first-class flights
- Police are investigating NAB boss Andrew Thorburn's office over alleged fraud
- Chief of staff Rosemary Rogers allegedly used bank money for $500,000 trip
- Police investigations under Strike Force Napthali set up to investigate scheme
- Strategy meetings allegedly held at luxury resorts including at Kangaroo Island
The chief of staff for NAB boss Andrew Thorburn allegedly stole $500,000 from shareholders to fund a lavish family holiday.
Police are investigating Mr Thorburn's office in relation to a suspected multi-million-dollar fraud, which included an overseas holiday taken by the embattled bank boss' chief of staff Rosemary Rogers.
Ms Rogers travelled first class to multiple destinations with six family members, according to the Sydney Morning Herald.
Police are investigating NAB chief executive Andrew Thorburn's (pictured) office in relation to a suspected multi-million-dollar fraud
Police are reportedly investigating an overseas holiday taken by the embattled bank boss's chief of staff Rosemary Rogers (pictured)
Police are investigating if sloppy oversight led to Ms Rogers and a corporate event contractor to commit fraud, according to the report.
A New South Wales Police spokesman confirmed investigations under Strike Force Napthali - set up to investigate the alleged fraudulent scheme - were continuing.
NAB sources told the Sydney Morning Herald there were strategy meetings held at luxury resorts in Wolgan Valley and on Kangaroo Island in South Australia, although this had not been confirmed.
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NAB was reportedly aware of the police interest in Ms Rogers' holiday, and a banking spokesman said they would continue to co-operate with police.
'If the alleged fraud is proven, it represents a most serious breach of trust by a former employee,' he said.
In December, the cost of a holiday to Fiji taken by Mr Thorburn was covered by NAB shareholders using inflated invoices, according to reports at the time.
The sources claimed there were strategy meetings held at luxury resorts in Wolgan Valley (pictured) and on Kangaroo Island in South Australia
In December, the cost of a holiday to Fiji taken by Mr Thorburn (pictured) was covered by NAB shareholders using inflated invoices, according to reports at the time
Ms Rogers' home in Williamstown, Melbourne was raided in 2018, and she resigned from the bank in December after working as chief of staff for nine years.
Daily Mail Australia contacted NAB for comment.
Mr Thorburn, who took a $2.1million pay cut last year to earn $4.3million, was singled out in the banking royal commission's report.
Commissioner Kenneth Hayne's report revealed greed and misconduct in the Australian financial sector at the expense of consumers and businesses.
'NAB also stands apart from the other three major banks,' Mr Hayne wrote.
'Having heard from both the CEO, Mr [Andrew] Thorburn, and the chair, Dr [Ken] Henry, I am not as confident as I would wish to be that the lessons of the past have been learned.'
Commissioner Kenneth Hayne's (pictured left, with Treasurer Josh Frydenberg) report revealed greed and misconduct in the Australian financial sector at the expense of consumers and businesses
Mr Thorburn was unable to confirm if he would still be employed by NAB this time next week.
'But I can tell you that I am more committed and more deeply determined than ever to be a strong leader for our company,' Mr Thorburn told The Business.
Prime Minister Scott Morrison told Mr Thorburn and chairman Mr Henry that they should consider their futures at the bank after the commission's scathing review.
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