Despite making it crystal clear he didn't condone ball tampering, Henriques suggested Warner and Bancroft's crimes were less selfish than they had been characterised as.
"I'm not condoning ball tampering at any stage but I'm just saying this to hold a slightly different perspective," Henriques told veteran sports journalist Gerard Whateley on SEN Tuesday afternoon.
"It's not okay to cheat or ball tamper, but to realise that David doesn't ball tamper so he scores more runs, he doesn't do it for his own personal statistical gain, or whatever it was, and Bancroft is the same.
"It's the batters that are all involved here and they're not cheating for themselves and they're not breaking their rules for their own personal statistical gain so they can average 50 instead of 40 or whatever it might be."
Henriques suggested that the damning act of tampering with the ball coming from the team's opening batsmen and not the seamers who would benefit most was grounds to soften the criticism on Warner and Bancroft.
"They're doing it for the bowlers," he said. "They did the wrong thing but they're trying to do it so the team wins. They're not fixing a match where they're purposely losing the game for their own financial gain or anything like that.
"I think there is a bit of grey area in terms of the character of these people. They've broken the rules, been punished, and so they should be.
"Some of the comments about their character are a little bit out of line."
Smith, Warner and Bancroft won back some favour on their path to redemption last week by announcing they wouldn't be appealing their bans, hosing down predictions of a lengthy court saga with Cricket Australia stealing headlines throughout the coming months.
Aussie all-rounder Glenn Maxwell says while the Australian public will never forget the shattering revelation in Cape Town, the trio will be able to restore themselves as mainstays on the international roster after their time is served.
"I think the time that will probably be able to heal some of the mistakes that have been made will be probably be the biggest key," Maxwell said on SEN.
"The fact that we've got IPL now, a 6-7 week break to Cricket Australia's next commitment I think will actually help the whole group going forward, just allow the group to breathe for a second.
"Hopefully that will bring us a fresh start, and obviously the new coach will have a bit of time to settle into the job.
"Once that England ODI series gets underway we're able to start with a fresh, happy outlook on the game, and probably not have those scars of South Africa still sitting real close to the front of our minds."