Browsing All posts tagged under »Securency«

Trade envoy admits affair with spy

September 25, 2012

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THE seduction of an Australian trade envoy by a Vietnamese intelligence officer has been revealed to a Melbourne court looking into bribery claims relating to eight former Reserve Bank executives. ”At the end of the dinner, he asked me would I go upstairs with him to a room in the hotel,” former senior Austrade commissioner […]

Austrade put spy, Keating together

September 13, 2012

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AUSTRALIA’S trade agency arranged for former prime minister Paul Keating and executives from a company owned by transport magnate Lindsay Fox to work with the Vietnamese spy chief at the centre of the Reserve Bank bribery scandal. Austrade brokered an arrangement for the Fox-owned Armaguard and Mr Keating – who was helping the company – […]

Judge Slams Securency Culture in Sentencing of Former CFO

August 23, 2012

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An Australian judge slammed the corporate culture of Securency International Pty Ltd. when sentencing the company’s former chief financial officer. David Ellery, who pleaded guilty to one count of false accounting, was sentenced to a suspended six-month jail term by Supreme Court of Victoria Justice Elizabeth Hollingworth, who noted Ellery’s cooperation with a probe of […]

Banknote bribe accused face court

August 14, 2012

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EIGHT executives of Reserve Bank subsidiaries were involved in a conspiracy to bribe public officials at foreign banks in a bid to secure contracts to make plastic banknotes, a court has been told. The men are alleged to have paid multi-million-dollar commissions to middlemen with connections to high-ranking public officials at foreign banks in Indonesia, […]

Vietnam PM ousts former bank chief in notes scandal

July 13, 2011

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VIETNAM’s Prime Minister has intervened in the Reserve Bank of Australia bribery scandal, suspending the country’s former central bank governor from a senior government post and ordering anti-corruption officials to co-operate with Australian police, it has been reported. Vietnam’s Communist Party newspaper Thanh Nien reported at the weekend that Prime Minister Nguyen Tan Dung had […]

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