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RBA manager faces fraud charge

Date: May 16 2012


A Reserve Bank of Australia senior manager has been arrested in Melbourne and charged with defrauding $47,550 from one of its subsidiary companies.

Wayne Kevin Jackson, 54, surrendered himself to the Australian Federal Police yesterday and appeared later in Melbourne Magistrates Court.

The court heard he was a senior manager with the bank's Note Printing Australia entity and had been employed for 31 years. His lawyer Peter Ward told the court Jackson had denied the allegations and would ''rigorously'' defend the charges.

Jackson, of Rosanna, Melbourne, faces three charges of dishonestly appropriating the money on May 11 this year and one count of going equipped for theft.

Prosecutor Elli Lewis said Jackson had yesterday ''turned himself in''.

Ms Lewis did not oppose bail, which was set by magistrate Jack Vandersteen on Jackson's own undertaking with a number of special conditions that included reporting to police, surrendering his passport and not leaving Australia.

He will appear again in August. Steve Butcher

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