Business
Australia Post reveals full cost of Cartier watches gifted to staff members was $19,950 – PerthNow
Australia Post has revealed the cost of the four Cartier watches at the centre of a scandal surrounding members of its former board.
Australia Post has admitted the four Cartier watches spent on senior staff totalled $19,950, not the $12,000 originally revealed.
Chief executive Christine Holgate was stood aside pending a review into the purchase of the gifts after telling an estimates hearing they were a reward for securing a deal to do banking in post offices.
She originally said the four watches cost a total of $12,000.
But on Friday Australia Post Chair Lucio Di Bartolomeo said he had been made aware of further details…
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