cods
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MICHAEL Cranston, the deputy commissioner of the Australia Taxation office, has been charged with abusing his position as a public official.
It comes after The Daily Telegraph today revealed Cranston’s son, Adam, was charged over his alleged role in a fraud syndicate that police claim stole more than $165 million — one of the biggest white-collar crimes in Australia’s history.
Australia Taxation Office deputy commissioner Michael Cranston (pictured today) has been issued a court attendance notice for abusing his position as a public official. Picture: Jenny Evans Australian Federal Police yesterday arrested Adam Cranston at his Bondi flat in one of 27 raids on homes and businesses across Sydney.
He was charged last night with conspiracy to defraud the Commonwealth and faced Central Local Court today.
Adam Cranston, Daniel Rostankovski and Chris Guillan were granted bail under strict conditions, including that they surrender passports and not contact the alleged directors of the so-called second-tier companies that enabled the alleged fraud.
Mr Cranston was charged with conspiracy offences, with a total bail of $300,000, while his co-accused Rostankovski was also charged with blackmail, with a $100,000 bail.
Their fellow accused Daniel Hausman will finalise his bail application after lunch and another accused, Jason Onley, is expected to appear in court later today.
Adam’s younger sister Lauren Cranston was also arrested with the 24-year-old given the same charge as her brother when she was arrested in Picton, southwest of Sydney yesterday. She was granted conditional bail to face court on June 13.
So far, six people have been charged with conspiracy to defraud the Commonwealth, two with money laundering and another with extortion.
this isnt going to go away in a hurry.
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