A former NAB executive who defrauded the bank of millions of dollars has been jailed for at least four years and nine months.
Rosemary Rogers became so used to “enjoying the benefits of her fraud” she was unable to stop over a four-year period, Acting Judge Paul Conlon told the NSW District Court on Wednesday.
Rogers has pleaded guilty to numerous offences including 27 counts of being an agent corruptly receiving a benefit and for dishonestly obtaining a financial advance by deception.
Between 2013 and 2017 she received total benefits valued at $5.4 million, including money towards purchasing her “dream home” in Williamstown, a brand new BMW, a boat, a caravan, home renovations and overseas holidays.
Human Group director Helen Rosamond would pay Rogers “kickbacks” for showing favour through NAB to her events company which at one point received 97 per cent of its revenue from the major bank, the facts of Rogers’ case state.
Rosamond is facing an upcoming trial in July for her alleged role in the offending.
Text messages between the two women referred to each other as “bestie” and “sister from another mother”.
Judge Conlon accepted Rogers’ concession that she was utterly reckless in the amounts she claimed and may not have known exactly how the fraud was being conducted but simply turned a blind eye to the subject.
One fraudulent invoice related to “Project Eagle” and the on-boarding of former NSW premier Mike Baird which had been performed by an entirely separate company and at the cost of $60,000, much less than the $2.2 million Rogers stated.
After achieving enormous success in an environment where she felt inadequate, Rogers developed adjustment disorder and lacked the emotional maturity to see the ridiculousness of her offending, her defence earlier submitted.
Rogers was sentenced to a maximum term of eight years in prison and will first be eligible for release on October 26, 2025.