The NSW Crime Commission has launched court action against a former Commonwealth Bank IT executive alleged to have accepted kickbacks worth millions for awarding contracts to US company ServiceMesh.
Jon Waldron and Keith Hunter are both being prosecuted for their roles in the alleged scheme.
Waldron is now also the subject of civil court action brought by the NSW Crime Commission.
The Crime Commission doesn’t comment on cases before the court. However, part of the organisation’s remit is administration of the Criminal Assets Recovery Act 1990.
The act allows for the confiscation of property of a person if the Supreme Court finds it to be more probable than not that the person has engaged in serious criminal activities.
A directions hearing for the case was held this morning before a registrar of the Supreme Court. A further directions hearing has been scheduled for later this month.
Last month a US-based not-for-profit, the Ace Foundation, sued the Commonwealth Bank in a US court in connection with the scandal.
The Ace Foundation said that money it had advanced to Waldron and Hunter to fund their work on the organisation's projects have been frozen by the bank.
"CBA claimed that the funds were improper payments intended to be hidden from CBA even though the funds were openly deposited into CBA accounts," the organisation’s filing (PDF) stated.