Two former executive directors of Austria’s state-owned banknote printer pleaded guilty during a criminal trial in Vienna for a conspiracy to win business by bribing officials in Syria and Azerbaijan.
Wikileaks Tuesday released what it said is “an unprecedented Australian censorship order concerning a multi-million dollar corruption case explicitly naming the current and past heads of state of Indonesia, Malaysia and Vietnam, their relatives and other senior officials.”… Continue Reading
Company Involved: Securency International
Industry Subsector: Banks
Officials Involved: Herman Joseph Susmanto, Indonesian central bank currency chief; Le Duc Thuy, former Vietnam State Bank governor; Mohamed Daud Dol Moin, former assistant governor of the Malaysian central bank; Elizabeth Masamune, former senior Austrade commissioner
Enforcement Action: Charge
Summary: A total of nine former executives of the Reserve Bank of Australia (RBA)’s banknote-printing unit Note Printing Australia and its sister company, Securency International, have been charged by Australian authorities with bribing officials in Malaysia, Indonesia, Nepal, and Vietnam to win lucrative contracts.… Continue Reading
The government investigation into the Reserve Bank of Australia led last week to RBA’s subsidiary, Austrade, and allegations of massive bribes paid to a Vietnamese spy by his Australian lover.
There was explosive testimony this week during parliamentary hearings into bribery allegations against a unit of the Reserve Bank of Australia.
RBA subsidiary Securency allegedly paid bribes in Asia, Latin America, and Africa to win currency printing contracts, according to a former salesman for Securency and its sister company Note Printing Australia.… Continue Reading