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AAP
AAP
National
Miklos Bolza

NAB fraudster stays out of jail for now

Helen Mary Rosamond was found guilty last week of a total of 90 fraud and bribery charges. (Bianca De Marchi/AAP PHOTOS) (AAP)

A Sydney businesswoman who embezzled millions of dollars from National Australia Bank will remain free from jail for at least another week.

On Monday, Judge Robert Sutherland postponed a bid by crown prosecutors to revoke Helen Mary Rosamond's bail after concerns were raised about what would happen to her teenage son if she was suddenly placed behind bars.

The judge noted that a full-time prison sentence for Rosamond was "effectively inevitable" given the crimes she had been found guilty of.

However, he gave his preliminary view that the welfare of her son amounted to special or exceptional circumstances which allowed her to remain free while awaiting sentencing in the Downing Centre District Court.

The matter will return to court on December 6, when Judge Sutherland will hear final submissions on why Rosamond's bail should be revoked.

The 47-year-old was found guilty last week of a total of 90 fraud and bribery charges brought against her after splashing out millions in kickbacks to Rosemary Rogers, who worked as chief-of-staff to former NAB CEOs Andrew Thorburn and Cameron Clyne.

She was acquitted of two charges.

Rosamond falsified and inflated invoices from her company Human Group to NAB which were approved by Rogers, using the money for her own personal benefits.

Rogers, who is currently behind bars for participating in the same scheme, received a house, a BMW car, a boat, holidays and other benefits.

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