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Former Securency Bosses Arrested

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Author Previous TopicReplies: 9 / Views: 2,318Next Topic  
Pillar of the Community
Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 07/01/2011  02:32 am Show Profile   Bookmark this topic Add Peter THOMAS to your friends list Get a Link to this Message Number of Subscribers
quote: "Climax to bribery scandal as Federal Police raid Melbourne homes of former banknote company executives.

Federal police have charged two Reserve Bank of Australia currency firms, Securency and Note Printing Australia, along with several of the company's former senior managers with paying massive bribes to foreign officials in order to win banknote supply contracts.

In a series of dawn raids, AFP agents swooped on houses across Melbourne, arresting six former senior executives of Securency and Note Printing Australia, companies which are respectively half and fully owned and overseen by the Reserve Bank of Australia. ... [for more, see link below]"

http://www.theage.com.au/business/f...xzz1QpgrIwDf


Valued Member
195 Posts
 Posted 07/01/2011  09:10 am  Show Profile   Bookmark this reply Add wesley to your friends list Get a Link to this Reply
Watched the news story just now on ABC 24
Organised crime....they always get busted eventually
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 07/01/2011  4:52 pm  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
I too was interested to read this in the papers over the past few days - kind of topical as I am currently reading "Heads I Win" - the David Gee story - I know they are different, forgery versus bribery, but it was interesting all the same.
A favorite soap box topic of mine is my belief that all gov departments should be held to the same scruitiny and standards of reporting as publically listed companies - after all, we are all shareholders in them ;-)
Pillar of the Community
Australia
515 Posts
 Posted 07/02/2011  05:31 am  Show Profile   Bookmark this reply Add the-purple-penny to your friends list Get a Link to this Reply
I am not that much of a reader but read "Heads I Win" earlier this year. I couldn't put it down, it was fascinating.
Valued Member
steve - Oz 50c man's Avatar
Australia
490 Posts
 Posted 07/02/2011  4:39 pm  Show Profile   Bookmark this reply Add steve - Oz 50c man to your friends list Get a Link to this Reply
yes, I finished it off in two days (and I have a wife and two young kids who demand all my out of work hours!) - I guess being a coin collector helps, and in my case, I live right near where many of the event took place. I was in M are Roberts store the other day (he gets several mentions in the book) and they had a lot of sovereigns for sale - I mentioned that I had just read the book and wondered if any of the sovereigns were David's and we all shared a chuckle...
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 02/25/2012  01:56 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
Reserve chief admits bank knew of corruption
http://www.smh.com.au/national/rese...4-1tu2l.html

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goatieman23's Avatar
Australia
869 Posts
 Posted 02/25/2012  6:12 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Thanks for the update Peter, being an avid Polymer Note collector, great to finally see some more news & the truth is (now) out there.
Pillar of the Community
Australia
852 Posts
 Posted 02/25/2012  11:30 pm  Show Profile   Bookmark this reply Add nealeffendi to your friends list Get a Link to this Reply
Steve, its a very small world. I've spoken to Bob Roberts before about David Gee. Not only did Bob testify in Gee's court trial but Bob also was once the dance partner of Gee's wife. Bob said she was always prim and proper lady; but when she ran into Bob outside the court she was a foul mouthed vixen.
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goatieman23's Avatar
Australia
869 Posts
 Posted 02/26/2012  05:27 am  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Well Bob's NOT her uncle...there's some brutes in the world.
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In2Fish2's Avatar
Australia
124 Posts
 Posted 09/12/2012  08:19 am  Show Profile   Bookmark this reply Add In2Fish2 to your friends list Get a Link to this Reply
And the latest developments in the Securency and NPA scandal.

http://www.theage.com.au/national/p...1-25q6x.html
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