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Former NAB staffer charged with $166,500 theft from clients

National Australia Bank signage is seen at a branch in Adelaide, Friday, September 14, 2018. (AAP Image/David Mariuz)
National Australia Bank signage is seen at a branch in Adelaide, Friday, September 14, 2018. (AAP Image/David Mariuz)

A former NAB employee has been charged with offences relating to $166,500 of unauthorised withdrawals from customer accounts.

Max Kiattisak Eung, of Tempe in inner Sydney, is accused of obtaining financial advantage by deception between March and December 2016 while he was a financial advisor acting for National Australia Bank.

Eung faces 10 years imprisonment as a maximum penalty. The case has been adjourned for a May 7 hearing at Downing Centre Local Court in Sydney.

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The charges came as a result of a Australian Securities and Investments Commission investigation that found the funds were unknowingly pulled out of customer accounts held with the MLC Limited and Nulis Nominees (Australia) Limited brands.

The corporate watchdog had already banned Eung, in June 2018, from providing financial services and engaging in credit activities.

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