Former Anglo’s senior exec. said to have taken $3.5 million from firm

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Mining giant Anglo American (LON:AAL) has filed a civil suit in Brisbane against a former project director claiming he pocketed more than $3.5 million (A$4 million) from the company in the past year.

The company alleges that Glenn Tonkin, 50, ran an elaborate scheme involving fake invoices, a New York consulting firm that did not do any work, and email correspondence with a made-up supplier in Florida, ABC reports.

He quit in September, the article adds, when confronted by Anglo's head of human resources with evidence of allegedly manipulated emails.

According to court documents, Tonkin sent money destined to pay suppliers to private bank accounts in Barbados and London.

Tonkin salary was not a modest one. He was getting over A$350,000 a year to run Anglo's $2 billion Grosvenor underground coal project at Moranbah in central Queensland, which the miner describes as its "flagship" venture in the state.