Mar 27, 2015

Second Ex-CBA Exec Charged in Computer Sciences Corruption Probe

A second former Commonwealth Bank of Australia executive has been charged with corruption for allegedly receiving payments to award a contract to a U.S. technology company owned by Computer Sciences Corp.
The 44-year-old New Zealand citizen turned himself in at a Sydney police station on Thursday, about a week after officers arrested his colleague, Keith Hunter, 61, and charged him with two counts of bribery.
The man, who hasn’t been identified, was given conditional bail and is due to appear in court on May 1, New South Wales police said in a statement. The corrupt payments allegedly totaled almost A$1.9 million, police said.
Commonwealth Bank, which reported the matter to police earlier this year after an internal probe, said it was fully cooperating with the investigation. Officers working with the FBI allege the men, who no longer work at the bank, granted a lucrative contract to a U.S.-headquartered IT company without putting it to public tender in return for payment.
Hunter, a U.S. national living in Sydney, was arrested March 17. He pleaded not guilty when he appeared in court a day later and was released on bail. He is due to appear in court again on April 1.
“We have no tolerance for any alleged illegal activity by any employee and we take every situation seriously,” Commonwealth Bank said in an e-mailed statement Friday.
Falls Church, Virginia-based Computer Sciences said last week it has started its own investigation into the matter involving California-based cloud management company ServiceMesh, which it bought in late 2013.

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