Former top Vic Lib Damien Mantach charged over $1.5m taken from party


 Updated 18/11/15 2.30pm

Not the first time either…. he had a go at making some extra bucks in the apple isle of Tassie too a while back and was moved on…mmm just like those priests who have rumours made about them tongue in cheek)

Former Victorian Liberal Party state director Damien Mantach.

Former Victorian Liberal Party state director Damien Mantach.

Former Victorian Liberal Party state director Damien Mantach has been charged with 44 counts of obtaining financial advantage totalling about $1.5 million.

In August, Mantach was accused of embezzling election campaign funds, with the money alleged to have vanished over four years to fund his lifestyle.

An audit of the party’s finances after last year’s state election loss uncovered unauthorised financial transactions, with money missing from both state and federal campaign funds.

Victoria Police fraud and extortion squad were called in to investigate.

Police said a 42-year-old man from Ocean Grove is to appear in the Melbourne Magistrates Court this afternoon.


Victoria Police investigate Liberal Party state director over embezzlement claims worth $1.5m

Updated 20 Aug 2015, 7:27pm

The police fraud squad is investigating allegations former Victorian Liberal Party state director Damien Mantach embezzled around $1.5 million of election campaign funds.

The money is alleged to have vanished over four years to fund Mr Mantach’s lifestyle.

An audit of the party’s finances after last year’s state election loss uncovered unauthorised financial transactions linked to Mr Mantach, with money missing from both state and federal campaign funds.

The Victoria Police fraud and extortion squad has been called in to investigate.

Liberal Party president Michael Kroger said Mr Mantach had admitted to wrongdoing.

“We feel profoundly betrayed and terribly disappointed with what’s happened,” Mr Kroger said.

Key points:

  • Liberal Party accuses former state director of embezzling $1.5m
  • Alleged theft happened over four years
  • Victoria Police fraud and extortion squad called in to investigate
  • Party believes Mantach took the money to fund his lifestyle

He said the party believed Mr Mantach had acted alone.

“We’re not aware that anyone at the party head office or any officials had any involvement at all,” he said.

It also emerged that Mr Mantach repaid tens of thousands of dollars during his time as state director of the Tasmanian branch.

In a letter to members posted on Facebook, Tasmanian Liberal president Geoff Page said in March 2008 that when he left the role, Mr Mantach fully repaid a liability of nearly $48,000 for personal expenses.

Mr Page said the division considered the matter closed and had robust internal financial processes.

Mr Kroger said he did not believe the missing money influenced the 2014 election result, or that it would affect the next federal election.

Liberal leader Matthew Guy said the party was furious at what he called a “pretty basic effort at embezzlement”.

“We want our money back,” he said.

“We want this matter sent to the police and we will be doing everything we can to ensure that justice is done.

“I saw someone making a comment that we’re white hot with anger, that’s just the start of it.”

Mr Kroger said the missing money was confined to the party’s Victorian division and he was confident some of it could be recovered through assets bought with the funds.

Mr Kroger conceded the Liberal Party had failed to properly monitor spending.

“Obviously it should have been picked up years ago — it wasn’t,” he said.

Former premier Denis Napthine, who led the party during last year’s campaign, said he was surprised and bitterly disappointed by the allegations.

The party’s administrative committee met this morning to discuss how to deal with the missing money.

Mr Mantach has been contacted for comment.


 

6 thoughts on “Former top Vic Lib Damien Mantach charged over $1.5m taken from party

    • Pete what about the money? we just write that off?

      This is no druggie small time crim so desperate as to steal 100 dollars from a shop for next hit.

      This a professional politician who has proven to rort and steal from those who put him in trust. JAIL is a must and payback via proceeds of crime as to his assets.

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      • He will declare himself bankrupt (because all the assets will be in his Wifes name) and then told to pay $50 a week back and because he doesnt have any priors (that have been disclosed) and a good record I sort of dubt that he will get a sentence. he is also a member of the Liberal Party so there will be someone behind closed dooors who will “help” him out.
        My guess is a fine (which Im guessing will be fairly substantial) and a suspended sentence of 3 years or so.
        What do you reckon he
        ll get ?

        Like

  1. Yeah – people like that never get what they should. They weasel their way out of things and get away with it. Not like us ordinary people – we’d get the book thrown at us. I agree with Robbo – jail and pay it all back – but I bet it won’t happen.

    Like

  2. Absolutely, I agree that considering the position he had and how he took blatant advantage of it should be seriously punished.
    Yet, I too get a sinking feeling of “slap on the wrist” heading his way – probably a pretty half hearted slap too.
    If he was uneducated, stole a couple of hundred bucks in a track suit rather than suit/tie – fill in the rest – it would be another story… Am I getting cynical?

    Like

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