News, Culture & Society

NSW Coca-Cola executive used company card for prostitutes

A Coca-Cola fleet manager took financial bribes and kickbacks in exchange for lucrative contracts given to a leasing company, a court has found.

Bryan Pereira allegedly used a ‘Coke Slush Fund’ on first class flights overseas, prostitutes, and a luxury golf trip, The Daily Telegraph reports.

The 64-year-old allegedly paid for prostitutes on about six occasions and received up to $1.35million in bribes.

Coca Cola exectuive Bryan Pereira, 64, has been jailed for six years after allegedly used a ‘Coke Slush Fund’ on first class flights overseas, prostitutes, and a luxury golf trip (stock photo)

Pereira is alleged to have begun receiving extra funds, amounting to around $859,000, in commissions from vehicles supplied by Orix to Coca Cola Amatil.

An agreed statement of facts showed that Pereira used the slush fund, with money belonging to Orix and Coca Cola, to keep up his luxurious lifestyle.

NSW District Court judge Mark Williams said Pereira had been ‘motivated by greed,’ according to Nine News. 

The Coca Cola executive had reportedly used more than $260,000 for ‘expensive gifts, international and domestic flights, accommodation, jewellery and adult entertainment.’

The manager reportedly payed for prostitutes on about six occasions and received up to $1.35million in bribes, according to The Daily Telegraph

The manager reportedly payed for prostitutes on about six occasions and received up to $1.35million in bribes, according to The Daily Telegraph

Among the luxurious international travel he undertook with the money were trips to Singapore, Thailand and a gold tournament in Scotland (stock photo)

Among the luxurious international travel he undertook with the money were trips to Singapore, Thailand and a gold tournament in Scotland (stock photo)

Among these were trips to Singapore, Thailand and to St Andrews in Scotland, according to News Corp.

Pereira was arrested in 2015 after his boss became suspicious of his actions , with the NSW Police fraud squad then beginning an investigation.

He was sentenced to six years jail in the NSW District Court on Thursday, and is ineligible for parole for four years.

Coca Cola Amatil is believed to have suffered a loss of more than $3million due to the operation. 

Court documents also allegedly show the misdeeds transpired with the knowledge and permission of company CEO John Carter, as well as Orix executive George Georgiou.

The pair are expected to front a committal hearing later this year, to see if their case will go to trial.

Periera was sentenced to six months jail time, with a non-parole period of four years in NSW District Court Thursday (stock photo)

Periera was sentenced to six months jail time, with a non-parole period of four years in NSW District Court Thursday (stock photo)

Read more at DailyMail.co.uk


Do you like it? Share with your friends!


Comments are closed.