A long-standing financial accountant at ING Holdings yesterday entered a guilty plea on 26 fraud charges that cost the financier A$45 million,
AAP reports.
Rajina Subramaniam worked at ING for 20 years and "held a position of trust within the accounting section". She perpetrated the frauds between 2004 and 2009.
It isn't clear how much of the stolen funds have been recovered, though seven flats and jewellery were seized and presumably sold to repay some of the debt.