A woman, her husband and brother have been jailed by the District Court for unauthorised money transfers.

The 44-year-old woman was a former employee of an international bank. After her resignation in July 2000, the bank found in an audit check that she had made 68 unauthorised money transfers from the bank to 11 accounts under the name of her and her 45-year-old husband, 35-year-old brother and 41-year-old sister, between January 1999 and July 2000. Police found the stolen money, a total of $34.5 million, was used for securities trading and property acquisitions.

The four were arrested between August and November 2001. The woman, her husband and brother were convicted and sentenced to four years and nine months jail, three years and three months, and 21 months respectively. The sister was acquitted.