No respect for anyone or for the company he works for. The lying was addressed, he still does it and the tactic is to ignore it. He knows company policies, violates them and nothing is said about it. All I can say is not doing anything about it is the same as condoning it.
As a side note, as far as material orders, create an extra approval tier with HD. When an order is phoned in or entered online, it first has to be authorized (i.e. by you) before it will ship.
For what it's worth - I'm in the same boat. Have one that feels he's above it all, believes he creates schedules and decides what work he will and won't do, has started conflicts with other maintenance personnel as well as "tattling" on them. He tried to bait me and that didn't work out well for him at all. Regardless of whether or not "I put him in his place" he's taking too much energy from a good team. And while he's a highly skilled tech, background of commercial plumber, held a GC license for many years, does an exceptionally good job on construction related work he's just too difficult to work with so yes he will be leaving. Stop worrying about being able to replace this tech, you will.