OFFICIAL BUSTED FOR STEALING AUD $16 M
Joel Barlow, a senior Australian health official, has been arrested for allegedly stealing around 11 million Australian Dollars in just one week.
The authorities say Joel Barlow stole a total of 16 million Australian Dollars over three years from Queensland Health, where he worked as a finance manager.
According to police reports, Barlow diverted funds intended for charities and private service providers into his own bank account, in order to support his lavish lifestyle.
Barlow had been investigated before, but was acquitted because of lack of evidence. In response to this arrest, which is believed to be one of the most significant fraud cases in the history of Australia, Queensland Premier Anna Bligh said the health department would be dismantled, as a way to end the ailing health agency.
Queensland Health will be split into separate hospital and administrative units, and will be shut down on 1 July 2012.
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