Alex Swney is a piece of work. He basically nicked the money because he thought he was underpaid and entitled to more.
Alex Swney stole more than $4 million because he felt he was being underpaid for his work to improve Auckland, a court has heard.
The 57-year-old former Heart of the City boss was jailed for five years seven months in Auckland District Court this morning after pleading guilty to charges laid by the Inland Revenue and Serious Fraud Office covering “sophisticated” offending over more than a decade.
Judge Grant Fraser said the offending involved a “gross breach of trust” and was close to attracting a maximum penalty.
“All your offending involved a high level of premeditation where your actions were planned and deliberate involving . . . a sophisticated web of instruments,” he said.
But the judge refused to impose a minimum period of imprisonment because the jail term was enough in itself to hold him accountable. Read more »