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  CE Vendors To Be Questioned Over Woolworths Bribes

By Sarah Falson and David Richards | Friday | 2008-02-08

Several CE vendors are set to be questioned about payments to a former senior Woolworths executive who yesterday was charged with fraud involving $3.7 million in secret commissions.

Detectives from the Strike Force Whittlesford that was set-up in 1999 have already questioned several vendors both in Australia and overseas about the payments. Executives of those companies who knowingly paid secret commissions could also find themselves in trouble.

SmartHouse has been told that several CE vendors including several from Asia who sold stock to Big W and Dick Smith are being investigated by Strike Force Whittlesford. "A strikeforce insider said"It is illegal to take a bribe as well as pay a bribe and in this case we are investigating seveal vendors across several categories including technology".

The 57-year-old former executive was arrested at his Castle Hill home at 5.30pm yesterday and charged with nine counts of fraud, according to a report from the Sydney Morning Herald (SMH).

The charges related to the company's MIS division (management information systems) before the man left the company in 1999.

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