‘I’m not a criminal’: ‘I’d like to do this again’
Inside an audit that has shocked the banking industry, an inner-city banker has admitted to an “extensive” fraud scheme.
The man, who cannot be named, told a judge in Sydney that he had “no reason” to lie about his work and said he was “totally comfortable” with the details of his audit.
“I’m a fraud,” he said.
“I’ve done it.”
Mr Bhatti, who was a director of the bank for almost 15 years before he resigned, said the fraud involved more than a dozen individuals.
In a statement to the court, the man said: “I have done nothing wrong.
I am completely comfortable with the information that I have given to the authorities and I can confirm that I was not a member of any criminal organisation.”
The fraud was uncovered in December last year when Mr Bhattis own firm received a tip that a bank he had audited was in the process of closing.
Mr Dhananjaya and his co-defendants, who he declined to name, had already been charged with multiple offences, including fraud, wire fraud and criminal breach of trust.
A jury found them guilty of a total of 14 counts.
As a result, Mr Dhaninjaya was ordered to pay a total $2.8 million ($1.4 million of which was for fraud).
After Mr Dharani, the lawyer for the three men, was granted bail, he told the ABC the verdict had made it “harder for them to move on with their lives”.
“It has been difficult for them,” he added.
“It has made them feel a lot more alone and they have felt a lot less like part of the community.”