Oil worker admits stealing £1.3 million from her Aberdeen employer

High Court logoThe former head of finance at an Aberdeen-based oil services company has admitted stealing more than £1.3 million from her employer.

Jacqueline McPhie, who lives with her parents in a caravan in Arbroath, was paid almost £150,000 a year by Altus Intervention – despite having a previous conviction for embezzlement.

She admitted the theft yesterday at the High Court in Edinburgh. Sentence has been deferred to 31 May for background reports.

Prosecutors said that McPhie, 46, was a ‘trusted employee’ with full oversight of the company’s finances.

But she betrayed that trust by buying an £80,000 Range Rover, spent more than £60,000 on a new garage and driveway, £52,000 on a kitchen and £30,000 on a summer house in her garden, and spent thousands more on designers clothes and foreign holidays from her stolen cash.

Altus has since managed to recover more than £238,000 from McPhie.

Pixie Energy

Pixie logo Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy here.

Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

Previous editions can be download here.

Scottish energy market overview

You can read an overview of the Scottish energy market here.

Scottish Government energy feed