Emanuela Friggi

Member’s name: Ms Emanuela Friggi (Cionco)
Date of Hearing: 17 June 2011
Division: VIctoria
Tribunal: Disciplinary Tribunal

On 17 June 2011 the Disciplinary Tribunal found Ms Emanuela Friggi (also known as Cionco) breached Clause 27(1)(b)(ii) of the former Constitution in that she was guilty of “conduct derogatory to or which is not in the best interests of CPA Australia or its Members", and Clause 27(1 )(c) of the former Constitution in that she "failed to observe a proper standard ofprofessional care, skill or competence".

Ms Friggi had, over a two year period as chief financial officer of a private corporation, "intermingled" her finances with those of her employer, including purchasing a Lexus motor vehicle and jet ski for personal use on her former employers credit cards.

The Tribunal took into account Ms Friggi's personal circumstances, health issues, her genuine remorse, that upon discovery she had made full restitution to her former employer and that police charges laid against her were withdrawn.

Penalties and costs

The Disciplinary Tribunal imposed the following penalties and costs:

• forfeiture of Membership for three years,
• costs of 759, and
• should Ms Friggi reapply for membership after the period of forfeiture, she must first successfully complete an Ethics & Governance segment of the CPA Program as a non member.