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A massive corporate corruption scandal has erupted in Australia involving Orix and Coca-Cola Amatil and sources say that this has the potential to spill over into New Zealand.
The chief executive of billion-dollar fleet-management company Orix has been charged with paying corrupt commissions to an employee of beverage giant Coca-Cola Amatil.
In one of the biggest corporate scandals to hit Australia, police will allege Orix boss John Carter, 53, made corrupt payments of $504,000 to Coca-Cola Amatil’s fleet manager in exchange for vehicle leasing contracts.
Police told Fairfax Media they believe the scandal is far wider, possibly involving millions of dollars and years of corruption, and they are urging people to come forward with information.
Mr Carter was taken from his Vaucluse mansion to North Sydney police station at 10am on Thursday and charged with four counts of paying corrupt commissions and one count of money laundering.
The senior Orix manager who allegedly made the payments and the Coca-Cola fleet manager who allegedly accepted the corrupt payments were arrested a week ago.
Police allege Mr Carter was aware of four large deposits paid to the Coca-Cola fleet manager and allegedly advised his senior manager, a 58 year-old Illawong man, on how to make the payments.
The deposits were allegedly made between June 2014 and February 2015 into a secret bank account specifically set up for the scheme. Read more »