Friday, May 28, 2010

Cambodia in bribe scandal: Australian MP

Hun Xen and the late Hy Lundok
Thursday, 27 May 2010
By David Boyle
The Phnom Penh Post

CAMBODIA has been potentially implicated in an international corruption scandal involving an Australian company accused of procuring prostitutes for foreign officials and offering them bribes in order to secure contracts to print bank-notes, an Australian senator said Tuesday.
Securency – a subsidiary of the Reserve Bank of Australia, which has a 50 percent stake in the company – manufactures polymer bank notes that are used in nearly 30 countries.
The Australian Federal Police (AFP) is already investigating whether the company’s commissioning agents offered huge bribes to officials in Malaysia, Vietnam, Nigeria and Indonesia.
At a federal senate committee hearing on Tuesday, Senator Bob Brown, leader of the Australian Greens party, indicated that Cambodia could be another country where agents employed by Securency have engaged in bribery.

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