NBK nearly employs Aussie embezzler

Gulf of credibility baulks Aussie banker: Australian banker attempts to avoid jail time and earn enough to repay embezzled funds by taking a position at the National Bank of Kuwait.

An Australian banker thought he had found a novel approach to avoiding a lengthy jail sentence – a job in the Gulf that was sufficiently well paid to enable him to refund a large sum he had stolen from his previous employer.

Jason Huigens, a chronic gambler, stole A$133,640 (US$95,822) in 2005 from St George Bank, where he worked as a liaison officer dealing with the bank’s large corporate clients, to pay for his addiction.

A Brisbane judge gave him permission to take up a A$190,000 job with the National Bank of Kuwait, and suspended sentence until his return in the second half of the year.

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