The group treasurer will leave the chain with immediate effect following a review of her testimony in public hearings investigating her former employer, ...
Carrie LaFrenzhas more than 10 years' experience as a business journalist having previously covered healthcare, retail/consumer goods, industrials and agribusiness. The young executive was hired in October by the supermarket giant as group treasurer. Mr O’Neill will earn an extra $125,000 a month for taking on this role.
Sara Scopel has left her job as treasurer of Woolworths Group after admitting last month in the Star Casio inquiry that she misled both NAB and UnionPay ...
“Woolworths Group and Sarah Scopel have mutually agreed that Sarah will step down from her role as Group Treasurer for Woolworths Group with immediate effect.” a statement from the retail giant reads. The inquiry heard that in November 2019, three Star executive, including former group treasurer Scopel, helped a number of high rollers make transactions on NAB Eftpos machines which were disguised as “hotel expenses”, before moving the money into gambling accounts. Sara Scopel has left her job as treasurer of Woolworths Group after admitting last month in the Star Casio inquiry that she misled both NAB and UnionPay regarding A$900 million in casino transactions that were disguised as hotel expenses.
The probe into The Star has been extended as a chief lawyer for the casino denies dubbing things as legal advice to avoid scrutiny by regulators.
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Woolworths has said its group treasurer Sarah Scopel will leave the business with “immediate effect” after she admitted to misleading NAB financial crimes ...
Hearings are ongoing, and already the company’s chief executive, Matt Bekier, has resigned and a class-action lawsuit launched against the business. The Star had disguised $900 million of gambling funds as hotel expenses to help Chinese patrons to skirt China’s limit on moving money out of the country, and UnionPay’s ban on gambling transactions. On Friday, a spokesperson for Woolworths said the company and Ms Scopel had “mutually agreed that Sarah will step down from her role as group treasurer for Woolworths Group with immediate effect”.