Austbrokers Canberra sues former managing director

Austbrokers Canberra sues former managing director | Insurance Business

Austbrokers Canberra sues former managing director

Remember when Austbrokers Canberra fired its managing director in 2018 because of financial misconduct? Now Greg Johnston is being sued by his former employer to the tune of more than $10 million.

Citing documents filed with the Supreme Court of New South Wales, ABC News said Austbrokers Canberra is seeking to recover the company money Johnston allegedly used to pay for personal expenses over an eight-year period. These supposedly included overseas trips, house renovations, and work on the ex-boss’s supercars.

Read more: Reshuffle for Austbrokers Canberra following MD misconduct

According to the news service, the statement of claim points to tampered invoices.

Johnston, meanwhile, is cited as refuting the allegations, arguing that the expenses were business-related and that the invoices had company approval.

The June 26 court list seen by Insurance Business files the Austbrokers Canberra Pty Limited v Gregory Wayne Johnston case under Justice D Hammerschlag.