Australian police raid three properties linked to former NAB supplier

Australian police raided on Tuesday two offices and a home as part of a corruption investigation involving a former supplier for the fourth-biggest lender, National Australia Bank Ltd, authorities and the bank said.
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Sydney

"Investigators seized large amounts of documents and electronic storage devices, which will be examined by the squad's forensic accountants," New South Wales state police said in a statement.

Police said the raids in Sydney were in connection with a suspected scheme in which a person would allegedly receive illicit commission to authorise payments by a financial institution to a contractor, with the payments higher than the agreed value of the contract.

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