Business
Report shows former Australia Post CEO Christine Holgate did not have board approval for Cartier watch gifts – ABC News
A Federal Government report shows the Australia Post board did not approve former chief executive Christine Holgate’s decision to purchase four luxury watches for…
Giving four luxury watches to Australia Post executives was inconsistent with the proper use of public money, a previously secret report has found.
- Former chief executive Christine Holgate gifted the watches to senior staff who negotiated a lucrative deal with three big banks
- Prime Minister Scott Morrison told Parliament he was “appalled” and called for an investigation
- The report by Maddocks law firm found Australia Post had no policy which supported gifts to executives as a reward for high performance…
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