RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Delightful: Disgraced ex-OZschwitz Ferries boss sentenced to two years' jail for misusing corporate credit card Thu Jun 19, 2014 10:50 pm | |
| The disgraced former Sydney Ferries boss says he had "no choice" but to put hundreds of thousands of dollars of personal expenses on his corporate credit card because "I was living beyond my means".
Retired Rear Admiral Geoff Smith was sacked from his job as chief executive of the state-owned Sydney Ferries in March 2009 and referred to the Independent Commission Against Corruption for racking up $273,000 in personal expenses for such things as jewellery, holidays, alcohol, groceries and private school fees.
Mr Smith, 64, a former chief of operations in the Royal Australian Navy, pleaded guilty in April to defrauding Sydney Ferries between May 2008 and February 2009.
http://www.smh.com.au/nsw/disgraced-former-sydney-ferries-boss-geoff-smith-sentenced-to-two-years-jail-for-misusing-his-corporate-credit-card-20140619-zsf7o.html |
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