Defiant Christine Holgate insists there is NO legal reason she should quit as Australia Post CEO after Cartier watch scandal revealed a culture of corporate back-slapping
Christine Holgate has claimed there is no legal reason for her to be stood down from her role as Australia Post CEO after a week of scandalous revelations.
Calls for Ms Holgate to resign have mounted after she was stood down this week on her full $1.3million salary pending an investigation into the alleged misuse of corporate credit cards.
But Ms Holgate denies ever being asked to step down by Australia Post, and her lawyer has insisted there is no legal reason for her to do so.
Christine Holgate has claimed there is no legal reason for her to be stood down from her role as Australia Post CEO
‘Ms Holgate has not had any proper notification that she has been stood down from her role, nor has she been informed as to why she should be stood down,’ the statement from Bryan Belling, partner at employment law firm Kingston Reid says, as reported by Sydney Morning Herald.
‘Legally, in my opinion there are no grounds for Ms Holgate to be stood down, and “optics” not a legally-valid defence.’
Ms Holgate admitted spending $12,000 on four Cartier watches as a reward for four executives, but it was later revealed the true figure was closer to $20,000.
More to come.